Case Study: Old Mutual achieves always-on innovation with Wazoku

Old Mutual boosts innovation ideas by 150% with Wazoku

Old Mutual, a Pan-African financial services group, faced the challenge of digitizing its annual, in-person Siyakhula innovation event due to the pandemic. They needed a secure, scalable platform to maintain their collaborative culture and enable ongoing innovation. Partnering with vendor Wazoku, they implemented its Enterprise Innovation Platform to provide an always-on innovation capability.

The Wazoku platform successfully digitized the Siyakhula process, leading to a 150% increase in ideas submitted in 2021 compared to the last in-person event in 2019. It created a living library of ideas, broke down departmental silos, and minimized duplication. Wazoku’s solution enabled Old Mutual to transition from an annual event to a continuous innovation culture, integral to their new Innovation Lab and company-wide strategy.

Old Mutual