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FERRING PHARMACEUTICALS

Developing and implementing a global strategy and innovation platform.

Challenge

  • Significantly improve and diversify the pipeline of new products through aggressive growth strategies and innovation

  • Build a more innovative workforce and enhance insight, ideation and development efforts

Response

  • 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

  • Build and skill up a comprehensive innovation champion network

  • Develop a robust new innovation process and portfolio management process 

  • Design and implement innovation goals for every colleague

  • Design and implement a set of global innovation metrics

  • Design and implement a innovation rewards program

Result

  • Number one pharma and consumer healthcare company in the world with double digit growth

  • Creative confidence and design driven workforce responsible for driving new innovations across a spectrum of types

  • Comprehensive and integrated network of champions committed to making innovation a habit

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