Accenture employees, about 1,40,000 of whom are in India, are each assigned 80 hours of classroom training a year, in addition to online courses. Managing direc tors can spend up to a week in training sessions, Sekhar added. The company will spend over $1 billion in acquisitions this year.
The IT company has been running innovation competitions for its employees for the past three years, but has now also added a competition in which clients and employees pitch their innovations together -a client-centric co-innovation challenge. The company has received 384 co-innovation submissions.
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“In some cases, the innovation workshops result in a change request, which is an add-on to the contract. In other cases, they are part of the ongoing innovation that Accenture offers its clients,“ Raghavan Iyer, innovation lead -Accenture Delivery Centers for Technology in India, said.
The company has also focused its innovation challenge on India-specific problems. The latest challenge asked for innovations that would tie-into the Digital India programme launched by Prime Minister Narendra Modi.
“One of the ideas being presented is for a mobile application that will help users pinpoint the nearest clean toilet. If you think about the uses, it is not restricted just to India. The application could have uses in other countries as well,“ Sekhar said.
He added that the reason for the innovation contests, which received 13,700 submissions, was to make innovation a part of every employee's life. In FY17, the company tripled the number of people thinking about innovation to 40,000.