Published by:
MIT Sloan School of Management
Length: 7 pages
Topics:
Innovation
Share a link:
https://casecent.re/p/196796
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
New research shows that the way many organizations conduct innovation contests needs to be improved. The biggest takeaway: Leaders need to design their contests to match their organization's hoped-for outcomes. Choices like the number of prizes and the identity of judges, for example, will affect the number and diversity of participants, the time they invest, and the quality of their ideas. Here's how to choose among the possible approaches based on your organization's goals.
About
Abstract
New research shows that the way many organizations conduct innovation contests needs to be improved. The biggest takeaway: Leaders need to design their contests to match their organization's hoped-for outcomes. Choices like the number of prizes and the identity of judges, for example, will affect the number and diversity of participants, the time they invest, and the quality of their ideas. Here's how to choose among the possible approaches based on your organization's goals.