Yet ZF is also making the most of its employees’ potential. The company has established an internal ideas competition for them known as the “Digital Innovation Challenge”. This gives all employees the opportunity to turn their digital ideas into reality outside of any hierarchical levels or departmental restrictions. The aim of the challenge is to further digitalize products and services, business processes, manufacturing and shop floor, and the workplace.
“The challenge has surfaced powerful ideas that we plan to implement in an agile way. We plan for our employees to work closely with our ecosystem to continue to rapidly prove the business benefits of these digital ideas. Then, we will scale the resulting solutions, working closely with divisions and functions to maximize business outcomes for ZF,” says Mamatha Chamarthi.
ZF has also created the “Digital Innovation Space”. In this colorful, creative space, collaborative teams from development, IT, other business units, and external partners can all work together on digital business projects. The Car eWallet project came from the Digital Innovation Space in conjunction with UBS, and it uses blockchain technology to simplify on-the-go charging of electric cars. The concept was unveiled for the first time in January 2017 at the CES. Details on specific features will follow at the IAA. This demonstrates that ZF successfully employs various approaches in its search for digital innovations.