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."
As I was scrolling through news this morning, I noticed a headline: Energizer’s 18,000mAh phone-battery monster is an Indiegogo flop. Checking other headlines about this, the news and commentary were equally brutal.
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.
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...
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.
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.
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.
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.
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