Cultivate Labs and two of our clients, AstraZeneca and the Canadian Nuclear Labs, were featured earlier this week in The Wall Street Journal's, "Companies Turn to Internal Crowdsourcing to Pick Best New Ideas."
If you’re leading a large team that’s globally dispersed, you understand the challenge to create an innovative culture that can span physical boundaries. Here are 3 lessons from one Fortune 100 client running an innovation campaign across multiple countries that's exceeded expectations in countries including Japan.
Our bread and butter working with clients is organizing their employees to participate in crowdsourcing exercises. Recently we have been approached more to help get forecasts from external crowds, either to support research projects, or to better understand what outside experts or customers think.
The Canadian Nuclear Laboratories (CNL), the nation’s premier nuclear science and technology organization, just ran its inaugural “Seed Program” committing $1.4 Million for employees to propose – and (using company funds) directly invest in – new projects for the research pipeline.
We recently did a project with a private company doing quite well in the marketplace. Its products are widely used and its growth over the past few years has been spectacular. Financially, the company is on really solid footing. But culturally, there were storm clouds. Growth has meant employing a few hundred people to a few thousand in only a few years. The CEO recognized this and lamented at the company's loss of its original hacker/builder culture...
We're pairing up with Lending Club to sponsor a monthly event where
cybersecurity startups pitch their companies, and the audience gets to make
predictions on our prediction market about how they're going to do in the
next year in terms of fundraising, hiring, etc.
Could the 2018 NFL season finally be a turning point for the Cleveland Browns? For a team that’s had enough rocky starts on the gridiron these past few seasons, the front office rank and file is turning to a Kickstarter-like approach to give a jolt to innovation.
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.
We're excited to be working with Idealantis, a startup based in Hyderabad, India on a prediction market pilot about the upcoming Gujarat state elections. Working with research organization People's Pulse, Idealantis has launched this test as a precursor to a country-wide effort for the general elections coming in 2019.
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.
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...
We recently started working with a Houston-based client in the Energy sector, who wanted to use a prediction market to help with internal operations, and to create greater transparency and communication within their company. We spent a couple months meeting with our client to learn about their business and objectives, and using test questions (e.g. asking about Houston sports teams) to help participants understand how prediction markets work. Our initial questions focused on specific operations