Cultivate Labs Blog

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

By Vanessa Pineda on Jun 13, 2019

Cultivate talks to The Wall Street Journal about internal crowdsourcing

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."

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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 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 Cultivate Labs 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 Cultivate Labs 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 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 Cultivate Labs 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 Cultivate Labs 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 Cultivate Labs 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 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 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 Apr 25, 2016

Disrupting Product Development Using Internal Crowdsourcing

Using crowdsourcing only at the front-stages of the product development cycle means organizations are missing out on a big opportunity to further tap the wisdom and knowledge of the organization. Here's how you can use internal crowdsourcing across your entire development lifecycle.

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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 Jess Price on Nov 17, 2015

Logo is a four letter word: Branding Cultivate Labs

Creating a logo for a company can be a daunting task. In this post our Creative Director, Jessica Price explains how we landed on the final logo for Cultivate Labs.

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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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By Ben Roesch on Aug 16, 2015

Crowdsourced Forecasting & Why it's the Best Forecasting Tool Around

What is Crowdsourced Forecasting and Why is it the Best Forecasting Tool Around? Francis Galton was an English scientist who believed in the stupidity of the average human. Galton believed that, to have a healthy society, you needed to concentrate power in the select few who didn't fit that bill.

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By Ben Golden on Jul 17, 2015

Enterprise Crowdsourcing: A Primer

When my grandmother immigrated to the United States, she couldn't afford to call her family on the telephone. That was about 70 years ago. Today, I have a friend whose brother moved to Sri Lanka to become a Buddhist monk and literally lives in a cave. He and his family Skype. This is the power of the Internet--for a significant portion of the planet, it's now possible for any two people to communicate from anywhere, in real-time, basically for free.

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