‘BIG’ - Business Innovation for Growth
ICL is harnessing the strengths, knowledge and expertise that exist within its own organization to innovate. It leverages its internal ecosystem through BIG, a platform where its employees from all regions and business units, can participate in the innovation process.
The establishment of BIG has played a significant role in creating a culture of innovation, partnership, and employee involvement at ICL. The program has provided a platform for ICL's over 12,700 employees worldwide to contribute their ideas and leverage their experience, knowledge, and ingenuity. Since its launch in January 2020, the program has received more than 4,800 ideas across various areas of ICL's businesses. Out of these ideas, over 1,500 have become fully funded projects, with more than 1,100 already completed.
The BIG program has made a remarkable contribution to ICL's current and future profitability, as well as other aspects of the company's business, including commercial and service excellence, operational excellence, employee satisfaction, and safety. By encouraging employees at all levels to participate in innovation and providing them with the necessary support and resources, ICL has fostered a culture where innovation is valued and nurtured. The program's structured idea evaluation process, professional support, recognition and allocation of resources have allowed employees to turn their ideas into meaningful business impact, driving growth and success for ICL.
ICL's BIG program has not only demonstrated the power of employee-driven innovation, but has also set an example for other companies. By recognizing the potential within its workforce and implementing a comprehensive measurement system like the BIG index, ICL has created a framework for evaluating and comparing innovation efforts. The program's success lies in its ability to generate excitement among employees and provide a platform for their ideas to be heard and developed. This approach has broken down barriers, fostered collaboration, and promoted healthy competition among business units, leading to tangible outcomes and additional annual operating income of hundreds of millions of dollars.
