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 Oct 22, 2018

Before we talk, are YOU ready?

In the last month we’ve had two potential clients, after receiving proposals from us for projects, say they needed to step back and start the projects very differently than what we had originally discussed. They just weren't ready yet, they acknowledged...

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By Adam Siegel on Oct 08, 2018

Appreciating a roof over my head all over again

I recently took a trip to the White Mountains in New Hampshire to hike the "Presidential Traverse" and was reminded how much we take for granted in our daily lives.

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By Cultivate Labs on Mar 22, 2018

Let Employees Run With Change, It’s Not a Health Risk

When an organization is undergoing dramatic change, much of the focus is rightfully placed on how leaders communicate to employees. But what's often forgotten is getting signals back from employees about how they're dealing with change. Are they supportive? What do they think should be prioritized? An internal idea crowdfunding campaign can be a powerful motivator to make employees part of the solution and give purpose when it's most needed.

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By Adam Siegel on Nov 13, 2017

Sales and Operational Planning: Bad Forecasts Don't Have to be a Given

Cultivate Labs CEO, Adam Siegel, recently spoke at the Institute for Business Forecasting and Planning and spent time hearing directly form attendees about the challenges they face. He shares lessons learned about the challenges sales and operations planners face in their roles, and how crowdsourced forecasting can alleviate them and improve their forecast accuracy and efficiency.

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By Vanessa Pineda on Jul 25, 2017

Forecasting Shouldn't Be a Gamble. 5 Things to Do to Succeed with Crowdsourced Forecasting. 

In more than 10 years of working with large companies on building prediction markets and other crowdsourced forecasting mechanisms, we’ve seen one common thread with the projects that are unsuccessful. Project owners overestimate the technology, and underestimate what it takes to engage people to make the technology successful. Avoid these 5 pitfalls to improve the success of your Cultivate Forecasts prediction market.

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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.

An open door policy isn't an effective feedback tool for leadership if you haven't created an organizational culture that's open to feedback. Your team can provide valuable insight and feedback about decisions, so actively work to create an environment in which employees are comfortable speaking up to leadership.

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By Cultivate Labs 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 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 Cultivate Labs 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 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 Adam Siegel on May 10, 2016

Three Trends Set to Revolutionize How We Work

Our new white paper about "The Future of How We Work"

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By Adam Siegel on Mar 17, 2016

How Internal Crowdsourcing Will Transform the Way We Do Business

For years, companies of all shapes and sizes have utilized the power of the crowd to research, test, and drum up support for their products or service offerings. It makes sense — tapping into the external crowd can not only power idea generation at scale and in real time, but it can also drive engagement among your most important brand ambassadors.Traditionally, market research has dictated that customers (or people like them) are always the best sources of information. But this is limiting...

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By Adam Siegel on Feb 10, 2016

The Circle of (Work) Life

One of our developers left Cultivate recently to go work for a much larger company - an experience he has never had before. They are throwing more money at him than we ever could, and he will work on a team larger than our entire company...

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By Adam Siegel on Jan 11, 2016

Uber's Costly Fail in Germany is Symptomatic of an Age-Old Problem in Big Companies

It is incredible that a company of Uber's size, with the experience they have entering new markets is still having the kinds of colossal failures they are having in Germany. But Uber is certainly not alone in costly missteps like this and billions are being lost every year. Yet a solution already exists: your employees.

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By Jess Price on Oct 06, 2015

VC's should be doing this

Amongst the leadership teams of the portfolio companies at any medium to large investment firm, there is an incredible amount of experience, wisdom, and perspective that is not collectively being taken advantage of.

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By Vanessa Pineda on Oct 05, 2015

There's No Driving With a Dead Engine:  The Importance of Project Sponsorship

Have you ever been tasked with driving a project you’ve felt was going nowhere? Maybe you were a project manager or project owner, coordinating a team that was working on something you felt wasn’t gaining traction within the organization.

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By Vanessa Pineda on Aug 16, 2015

The Simple Answer to Change Management

“How do we get people to do things?” It was only the first week at my new job here at Cultivate Labs when a client asked about how to increase participation in their prediction market. It’s the million-dollar question that undoubtedly comes up in every work project that requires any sort of change management effort... ever.

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