FERRING PHARMACEUTICALS
Developing and implementing a global strategy and innovation platform.
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Challenge
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Significantly improve and diversify the pipeline of new products through aggressive growth strategies and innovation
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Build a more innovative workforce and enhance insight, ideation and development efforts
Response
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Develop and implement a comprehensive global strategy and innovation platform that extended beyond products and focused on new business models, service, delivery and customer experiences
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Build and skill up a comprehensive innovation champion network
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Develop a robust new innovation process and portfolio management process
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Design and implement innovation goals for every colleague
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Design and implement a set of global innovation metrics
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Design and implement a innovation rewards program
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Result
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Number one pharma and consumer healthcare company in the world with double digit growth
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Creative confidence and design driven workforce responsible for driving new innovations across a spectrum of types
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Comprehensive and integrated network of champions committed to making innovation a habit