Cultivate Labs Blog

Discussing how prediction markets, internal crowdfunding, and other new workplace trends can be used to improve the #futureofwork

By Adam Siegel on Jul 20, 2017

Have you heard "I think we're doing something wrong" recently? If not, you're doing something wrong.

If you’re in a management position in your organization - wherever that may be, from a typical office environment, to a leader of men and women in the military, with thousands of people under your watch, or just a handful, ask yourself this simple question: Can your team, whether collectively or an individual, come to you and tell you to your face that something you’re doing, or something the organization is doing, is a bad idea?

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By Cathryn Wile on Jul 19, 2017

How Your Car's Gas Gauge is Like the Future of Work

The future of work is changing, and your car's gas gauge is an indicator of how. In a future that will be increasingly measured, acquiring, understanding, and leveraging data in a timely fashion will determine who sinks and who swims.

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By Cathryn Wile on Jul 18, 2017

The Strength That Comes From Within

As crowdsourcing becomes more widely adopted as a corporate innovation tool, the spotlight is on external crowdsourcing: engaging outside stakeholders such as experts, customers, and the general public to understand market demands and to collaborate on new product and service development. At the same time, organizations have recognized the innovative power of one more important constituency: their own employees.

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By Jess Price on Jul 11, 2017

Product Design and Redesign - an Evolving Process for Cultivate Ignite

Product design is a constantly evolving process as practices, trends, and expectations change. Cultivate Labs Director of Design, Jessica Price, explains her process for the redesign of Cultivate Ignite, a crowdfunding platform for use inside organizations.

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By Cathryn Wile on Jun 23, 2017

Travis Kalanick Ousted from Uber and the Erosion of the "Boys Club" Mentality as Good for Business

The ousting of Uber CEO Travis Kalanick on Tuesday is hardly surprising, though perhaps a bit out of step for both the revered ‘boys club’ who traditionally protect their own and the Silicon Valley culture that worships individuals who can, at all costs, create 10x returns on investment. But he should’ve seen it coming a long time ago, he brought it on himself after all...

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By Ben Golden on Jun 19, 2017

3 Things I Learned Teaching Coding to Veterans at Code Platoon

I recently had the opportunity to teach for Code Platoon, a non-profit coding camp that trains veterans to become software developers, and learned three major lessons about the fundamentals of coding, teaching, and new endeavors.

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By Brian Leslie on Jun 12, 2017

Determining the Accuracy of Prediction Markets

So, you asked a prediction market question, and the outcome is now known. The question has been resolved and winnings have been disbursed to the forecasters who held winning positions. Forecasters know how well they did based upon their profits in the question, and you know who your good forecasters were too. But how accurate was your organization at answering the question itself? There are several things to consider when thinking about accuracy of the prediction market:

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By Adam Siegel on Jun 12, 2017

A Board's Check on its CEO - The Smell Test for Self-Interest vs. Leadership

Recently on a Sunday during my weekly 2 hour break from all things family related, I sat at one of my favorite coffee houses and read the Sunday New York Times. An article in the Business section particularly caught my attention: The Trump Effect on CEO Pay, and it got me thinking: should a Board of Directors have a better check on their CEO than either termination or bonuses tied to stock price? Could there be something put in place better for the company's long-term prospects?

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By Vanessa Pineda on Jun 01, 2017

Why Execs Struggle with Innovation, and the Culture Fix They’re Missing

The stats on innovation leadership within corporations show there's a big discrepancy between leaders' appetite for innovation and their ability to execute. Corporate innovation won't succeed when it's solely driven from the top. It has to be fostered as an organizational capability. Here's a starting point.

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By Adam Siegel on May 19, 2017

How to Run Your Own Shark Tank with Internal Crowdfunding

Want to generate some excitement about your company's future and possibly identify its financial future at the same time? Run your own Shark Tank.

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By Cathryn Wile on May 11, 2017

Introducing Enterprise Crowdfunding for Established Companies

Crowdfunding, the practice of financing a project by sourcing small investments from a large number of people, has exploded in the past decade as an alternative funding source. Established companies looking to adopt the agile principles of startups have begun to use external enterprise crowdfunding to gain indicators from their consumers, but with Cultivate Ignite, companies can now gain critical business indicators and insights from employees using internal crowdfunding.

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By Adam Siegel on May 09, 2017

Attempted Manipulation of our French Election Prediction Market: Here's What We Learned

It may be easier to manipulate a real-money market than a play-money market. In a play-money market, the dumb-money can always be defeated with smart money and a little vigilance.

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By Ben Golden on May 04, 2017

How I snuck a super bad pun into our application

Two things I believe: 1. Software developers should occasionally sneak jokes into their code, to make life more fun, and to make sure the person reviewing their code is paying attention.

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By Cathryn Wile on Apr 20, 2017

Cultivate Ignite: Announcing Internal Crowdfunding Solution for Teams

Cultivate Labs is expanding Cultivate Ignite, an internal crowdfunding platform for enterprises, to include a self-service package for small and medium sized businesses to find and fund the best ideas in their companies.

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By Cathryn Wile on Apr 18, 2017

Brainstorming doesn't work. To cultivate better ideas, try internal crowdfunding instead.

We've all participated in group brainstorming sessions in both academic and business settings at some point complete with whiteboards, Post-it notes, and afternoons around a conference table. Though it has been proven that brainstorming, especially in group settings, doesn't work, people continue to look to it as the go-to technique for stimulating creativity. When the afternoon session is over, someone takes a picture of the whiteboard and promises to follow up with the team. And that's as fa

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By Cathryn Wile on Apr 18, 2017

Multinational Energy Company Uses Crowdsourcing to Predict Impacting Factors of Oil & Gas Prices

A multinational energy company uses Cultivate Forecasts predict economic and geopolitical events that impact oil and gas prices. We find out why they decided to incorporate internal crowdsourcing within their business and how they have been so successful at engaging employee participation.

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By Adam Siegel on Apr 06, 2017

Just Start Asking

if companies, especially the large ones, want lasting innovation - the kind that permeates everything they do, the kind where “innovation” never has to be spoken about, i.e. “let’s be innovative,” they just are by design, there are two things that have to be fundamentally re-thought...

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By Adam Siegel on Mar 23, 2017

Welcome Cathryn Wile

This week we welcome a new addition to the team. Cathryn Wile, who currently resides in Denver, will be joining us to lead our marketing efforts.

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By Adam Siegel on Feb 28, 2017

Have your team predict your KPI's in real-time so you can actually meet your KPI's

As a small bootstrapped company, we're constantly worrying about our next stage of growth. And of course start up orthodoxy says any size business should have a few key performance metrics they track to be aware of how you're doing in the things that influence revenue, profit, and the culture you want to cultivate. But as we've learned, it's not enough to just track your KPI's, you need to forecast how you're going to do on them weeks and months ahead of time.

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By Adam Siegel on Feb 16, 2017

Prendid - A Dutch Election Voorspellingsmarkt (Prediction Market)

With an election coming next month in the Netherlands, Marco van Schaardenburgh has successfully launched Prendid, a “voorspellingsmarkt” (prediction market) where players are predicting the outcome of the parliamentary elections. Joining is free and available to anyone globally.

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By Adam Siegel on Feb 15, 2017

Testing Crowdsourced Decision Making at Broadspectrum

Broadspectrum, whose parent organization is Ferrovial, is an Australian company that operates in the Defence, Property, Social, Infrastructure, Resources and Industrial sectors, and provide Logistics, Facilities Management, Consulting, Construction, Care, Welfare, Operations, Maintenance, Well Servicing, and Business Support services. We recently completed a pilot project in their Defence line of business...

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By Jess Price on Feb 07, 2017

Cultivate Community February 2017 Newsletter 

Our February 2017 newsletter is out: Take a look!

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By Adam Siegel on Jan 31, 2017

Is Toxic Culture Killing Your Company?

Thanks to the Illinois Technology Association (of which we are a member) for publishing our guest blog post on toxic corporate culture. We make the argument that before you can heavily invest in shiny new technology as you prepare for the #futureofwork, you should look to make positive changes to your culture first to take maximum advantage of your investment.

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By Vanessa Pineda on Dec 19, 2016

What Happens When You Provide a Refund Mechanism in a Crowdfunding App?

In the application itself, we created a feature you won’t find on Kickstarter - a “refund” button - to encourage employees to move their investments around.

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By Vanessa Pineda on Nov 22, 2016

How Trump Stumped the Prediction Markets

Why the prediction markets signaled the wrong result for the Presidential election.

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