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The final winner receives a small statue and appears in the company magazine. This is our way of showing thanks and making sure the idea gets the recognition it deserves. Qmarkets: So you only use ‘soft’ rewards such as recognition rather than any cash incentive?
In a previous post, the benefits of crowdsourcing were described as follows: When trying to solve a challenge, what is the probability that any one person will have the best solution for it? How diversity helped : The pharma firm then ran a crowdsourcing campaign, and within a few the mystery was solved. How do we get around this?
The Annual Best Idea of Enexis’ competition, judged by senior management allows for idea submitters to be given the recognition they deserve for their efforts, with the winner receiving a prize and appearing in the company magazine. The final winner receives a small statue and appears in the company magazine.
The final winner receives a small statue and appears in the company magazine. This is our way of showing thanks and making sure the idea gets the recognition it deserves. Qmarkets: So you only use ‘soft’ rewards such as recognition rather than any cash incentive?
Design platforms like Crowdspring and 99designs give people the tools needed to crowdsource graphic design ideas and feedback. Companies like Netflix, General Electric, and Proctor & Gamble have also started "challenging the crowd" and employing many of these principles to tackle their own business roadblocks.
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