Cultivate Labs Blog

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

By Adam Siegel on May 17, 2022

Tell us how you may be wrong

As consumers learn to use these forecasts as part of their own analysis and decision-making, we've been thinking through how we can make sure they see a complete picture - not just the one represented by the graph visualization that tracks the consensus, but why that consensus may be wrong. We want the consumer to always question their assumptions and question the consensus.

By Adam Siegel on Apr 20, 2022

Assessing the credibility of a crowd forecast

With increased attention to crowdsourced generated forecasts as guidance to critical decisions comes the need to be as transparent as possible about the credibility of a current forecast.

By Adam Siegel on Jun 09, 2020

Cultivate Forecasts Latest Updates: Team requests, hot word alerts, reporting features, badges

The latest Cultivate Forecasts platform updates as of June 9, 2020.

By Vanessa Pineda on Apr 24, 2020

Cultivate Forecasts now offers presentation mode to capture live forecasts at meetings

New presentation feature lets people forecast -- and see the results update in real-time.

By Vanessa Pineda on Apr 23, 2020

Cultivate Forecasts just got a lot more collaborative with team functionality

Forecasting in teams can lead to greater accuracy, and we've got the features to make it possible, like private team pages with discussion boards and team rankings.

By Adam Siegel on Dec 17, 2019

Prediction Markets give hope to reproducibility crisis in scientific experiments

I talk to Anna Dreber Almenberg, an economist at the Stockholm School of Economics about prediction markets she's running to try and address the reproducibility crisis in science.

By Adam Siegel on Oct 24, 2019

Schedule Chicken

Schedule chicken is when someone is personally behind on their work, but doesn't say anything because they think someone else will, and take the heat for it, thus protecting their own ass. This apparently goes on at Apple, and is completely absurd. There's another way.

By Adam Siegel on Oct 15, 2019

Announcing Flashcast

We're excited to announce the availability of a new product, Flashcast. Flashcast is an entirely new way to interact with your audience. Ask them to make predictions about a related topic and watch the results, live.

By Adam Siegel on May 31, 2019

We need to make it feel ok to be wrong sometimes

No one enjoys being wrong. It’s an unpleasant emotional experience for any of us. But that’s exactly the risk we’re suggesting people take when we ask them to make a forecast about the future.

By Adam Siegel on Mar 14, 2019

The Rise of Anonymous Tough Love (And Not a Moment Too Soon)

When we start projects with our clients, one of the first items we talk about is whether they want people to be anonymous in our prediction market or if they’ll use their real identities. The answer often reveals a lot, both about company culture and their personal fears of what will be made transparent. The spoiler alert is most don’t want anonymity.

By Adam Siegel on Mar 05, 2019

The Culture of Fear Problem

After working with dozens of companies who have culture initiatives, I’m convinced their multi-million dollar investments in consultants, employee time, internal marketing, and the like will only see a partial return because a blocker is in their way: their culture of fear.

By Vanessa Pineda on Nov 01, 2018

What are “flash crowds” and how do we recruit them?

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.

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...

By Adam Siegel on Aug 13, 2018

Thoughts on Augur, the decentralized, blockchain prediction market

I've been watching for the last few years the announcement, long delay, then recent launch of Augur, the decentralized, blockchain-based prediction market. First off, despite it taking a long time to launch, Augur finally did, and kudos to them for doing so. Building a prediction market from scratch is not easy, building a prediction market on top of immature technology is harder, and building a prediction market to be completely decentralized with smart contracts is downright scary.

By Adam Siegel on May 25, 2018

Pitch Perfect Security with Lending Club

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.

By Cultivate Labs on Mar 19, 2018

The Traffic Light Metaphor for Project Status is a Disaster

Everyone who has worked in corporate America has seen or used it. The traffic light metaphor for status. Red, there’s significant problems with a project. Yellow, there are some issues, but we’re going to make it. Green, all is good. Unfortunately, this system is a disaster for decision making.

By Adam Siegel on Dec 08, 2017

Very Satisfied with Client Satisfaction Survey

Recently, we launched a formal client satisfaction survey effort using a third party. Here's how we did.

By Cultivate Labs on Dec 05, 2017

Cultivate Forecasts - Mobile App Update for iOS and Android

Register an account for Cultivate Forecasts mobile directly in the app.

By Adam Siegel on Nov 28, 2017

Indian state Gujarat election prediction market pilot launched as precursor to 2019 general election

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.

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.

By Adam Siegel on Sep 27, 2017

Help LG Predict the Future

In partnership with LG Display, we are running a 6 month forecasting tournament about the high-end display industry.

By Ben Roesch on Sep 11, 2017

Introduction to Blockchain-based Prediction Markets Terminology

Real-money prediction markets are illegal in the U.S., but blockchain technology is giving rise to several digital currency based prediction markets based on Ethereum. Cultivate Labs defines common terminology associated with blockchain-based prediction markets.

By Ben Golden on Sep 06, 2017

New to Prediction Markets? Four Tips to Get Started.

Joining a prediction market or prediction pool can be intimidating. You may feel like you've plunged into a world of impossible questions, ongoing arguments, and have no idea where to start. You might think there's no way you could possibly add anything, or that your forecasts couldn't possible be better than anyone else's. But prediction markets don't have to be intimidating - here are four tips to get started.

By Cultivate Labs on Aug 08, 2017

Employee Engagement is the Key to the Future of Business

The relationship between employers and employees is changing as the drivers of employee satisfaction are changing. Employees are no longer driven solely by a paycheck - they want their work to have a purpose and to believe in what their organization offers to the world. Organizations must shift their focus from paychecks and soft benefits like casual dress codes and office ping pong tables to better engage employees by ensuring opportunities for purpose, learning, and flexibility in their jobs.

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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