Customer Walt Wikman, VP, CCC Information Services, USA receives Pradeep Henry's book from Cognizant President Lakshmi Narayanan
SITUATION: Cognizant faced competition from giant organizations soon after launch in the mid-90s
EFFORT: DIFFERENTIATED COGNIZANT THROUGH SERIAL INNOVATION THAT DELIVERED NEW VALUE TO CUSTOMERS
INTRAPRENEURSHIP: Set up India's 1st human-centric and world's 1st business-centric Design Groups
SERIAL INNOVATION: Innovated methods that supercharged Cognizant's software practice: (1) Process centric method for UI design (2) Method to blend business & tech
USABILITY TESTING LAB: Set up India's first usability testing lab
OUTPUTS: (1) International brand with hundreds of projects and trained teams (2) Robust methods and usability testing lab (3) Customer gallery with experiential marketing
CUSTOMER OUTCOMES: For the first time, global customers received: (1) Easy-to-use software applications from a vendor in India (2) Measurable business improvements from "software" projects anywhere. Customers: 125+.
FINANCIAL OUTCOMES: Revenues: Kept Cognizant differentiated from competition for 11 years. New customer value and elevated corporate image made it easy for Cognizant to win customers and projects. Costs: Free innovation, free international publicity, & small team. Projects: 450+.
SUCCESS: Cognizant stormed ahead of giant competitors to become a multi-billion dollar public company
Media clips | CIO | Financial Express | Times of India | ACM Interactions USA | HCI Encyclopedia USA | International speeches | University course | Henry's Team | Henry's Advisors | Team praise | Cognizant former CEO Lakshmi | Cognizant former CEO Frank | Cognizant CTO | Oracle Sr Director USA | Intuit CTO USA
Wizard of Cognizant | eWeek Great Minds USA | Align Journal USA | Business Line | The Week | Computer Society of India | Process07 | TD Canada | Forrester USA | Cognizant AVP | Former Cognizant CEO Lakshmi interview in Tamil (translation below)
Transcript in English of former Cognizant CEO Lakshmi Narayanan revealing the one secret to young Cognizant's surge ahead of giant competitors (5:20 to 6:30): "We did one thing differently... There were people who wanted to do something new... people who had the same care, concern, and desire as the company CEO... We recognized such people and empowered them... This is how we competed with giant companies and became bigger than them, faster."
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