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3 Engaging Platforms — Competing on Execution
I was a corporate innovator and, for me, it always started with a question. “Why are we manually entering all that information from system A into system B?” or “Why are we running this entire multi-billion business on a spreadsheet?” I wasn’t the only person to notice these things– what made me an “innovator” was that I was willing to arm wrestle the organization until I landed the solution. But this is not a foundation for a successful business execution culture. Companies need a way to nurture and develop the ideas that have legs. Spigit has figured out integrating game mechanics into social networking can help companies like AT&T, MedPlus and Pfizer lower the innovation barrier and create a garden of innovation, instead of a wresting match.
Open Government Laboratories of Democracy | The White House
Just as the federal government is using online brainstorming with government employees and the public to generate ideas for saving money or going green, state and local governments are also using new technology to tap people’s intelligence and expertise. The City of Manor, Texas (pop. 5800) has launched “Manor Labs,” an innovation marketplace for improving city services. A participant can sign up to suggest “ideas and solutions” for the police department, the municipal court, and everything in between. Each participant’s suggestion is ranked and rewarded with “innobucks.” These points can be redeemed for prizes: a million points wins “mayor for the day” while 400,000 points can be traded for a ride-along with the Chief of Police.
Twitter / Debbie Weil: Read about Manor Labs http ...
Read about Manor Labs http://www.manorlabs.org/ - @whitehouse Beth Noveck's new fave example of crowdsourcing #w2e #gov20 #opengov
Not your ordinary suggestion box
There's a new way to give the City of Manor suggestions for improvement, but it's not by putting a slip of paper into a box.
Last week, city officials launched an innovative version of the suggestion box. Manor Labs is the city's user-driven research-and-development division located online at manorlabs.org, where city staff members, residents — anyone — can submit ideas and solutions for the city's betterment.
Those suggestions can be tracked, reviewed, rated, commented on and even changed by other participants.
Spigit Raises $10 Million For Social Productivity Software
Social productivity startup Spigit raised $10 million in Series B funding from private equity firm Warburg Pincus. This brings Spigit’s total funding up to $14 million. Spigit’s CEO and Founder, Paul Pluschkell says that the company will use the funds towards product development, and sales and marketing efforts.
Spigit Raises Capital for Workplace Social Network - Bits Blog - NYTimes.com
What if the boss at a big company wants to ask all the employees if they have any ideas for solving a company problem? Call a meeting? An all-hands memo? Spam them with e-mail?
No, this is the era of Web 2.0. Spigit, a start-up that makes a Web-based tool to do this the modern way.
Companies can choose which Spigit features they want to use. They can start blogs or wikis, run surveys or polls, or take it a step further with prediction markets, where employees invest virtual currency in ideas they like. Or, they can connect Spigit with other programs they already use, including Microsoft’s SharePoint or Web-meeting software.
Spigit Taps into the Customer and Employee Innovation Market - Social Customer
Spigit, founded in 2007 and new to our watch list, showed solid results for the first half of 2009. The company reports strong customer acquisition, 100 percent to 150 percent revenue growth quarter-over-quarter, and being cash-flow positive. (Patricia Seybold)
Fortune Small Business - Use the brains you hired - Oct. 1, 2009
Smart entrepreneurs maximize innovation by encouraging all employees to think creatively about the business.
"You need to give people the license to take risks and to fail often enough to realize that they will not be punished for doing the right thing even though the outcome might not be what they expected," says Thomas Koulopoulos, author of The Innovation Zone, a study of corporate innovation. "Small failures encourage big successes."
Social Collaboration vs Knowledge Networks - Contentation Re-considered
The recent E2.0 Addidas use case is also quite interesting as they try to integrate their SoCo initiatives into something much larger which integrate Knowledge and Content Management (p.17).
This is where traditional WCM/ECM and new Social Suite will usually collide and will need to find new common (and if possible fertile) grounds in order not to fight one against each other but to best leverage the unique selling propositions of each others.
Certainly something related to a shift towards Semantic Knowledge Networks for WCM/ECM vendors and towards improved idea generation (e.g: Spigit), more efficient videos conferences (e.g: Klewel) and similar for Social Software.
Twitter / Katherine Coombs: @CandidCIO have you had a ...
have you had a look at spigit? We used it to create a world-first ideas mgmt system internally that runs like a stock market...
Collaboration Software - Collaboration King : Fun : Work : Meetings : Better Meetings : Facilitator : Collaborate : Icebreakers : Brandon Klein
Collaboration King has used, implemented or tried hundreds of programs. Each category below shows only 3-5 programs the we believe to be the best in their field. Please consult the more comprehensive lists at the bottom by 3rd parties if you have more specific needs.
George Drapeau's Weblog: An interesting decision market software product
I recently learned about a company that's been around for a couple of years called spigit, and a fascinating piece of software they produce. If you're familiar with the term "decision market" or with the book "The Wisdom of Crowds" then you have a great headstart understanding what they do. If you haven't encountered the term or read the book, I'd explain it like this: the problem they solve is how to harness the brainpower any large company or community has in solving problems. I'll use an example to try to explain what they do.
The Crowd Has Its Say: Hutch Carpenter (@bhc3) - BusinessWeek
BusinessWeek asked the crowd for opinions on...crowdsourcing. This is my response, published to the BusinessWeek website.
@helenwalters posted the request for opinions on Twitter.
Category to Watch: Idea & Suggestion Management | Minnov8
Of course you’re paying attention to the always-on, always connected culture of participation online that is fundamentally shifting how we connect with one another, get our news and alerts, are influenced by people we trust and increasingly making our voices heard when we like or don’t like something a company or organization is delivering to us.
Drinking From The Firehose With InnovationSpigit 2.0
It's the application of game theory to a virtual currency system that really differentiates Spigit from other innovation management solutions, like BrainBank, Brightidea, and Imaginatik. While at first users might find it strange to be pushing an idea towards acceptance with virtual stock purchases, they're likely to find it less so when they discover they could potentially buy real world rewards and swag with the returns.
Prediction Markets here to stay? « Future Business
A friend and colleague from IBM just shared with me that IBM has established a Prediction Market pilot using the Spigit software. It is currently open for all to view and/or register. Concensus Point has launched a Prediction Market within BestBuy called TagTrade. Mercury Research has provided a solid list of Prediction Market software providers in their blog.
How to Get the Most From Your Best Ideas - Accenture
If senior executives expect to achieve repeatable and ongoing improvements in business performance, the innovation discipline needs to be supported by tools, capabilities and resources that are accessible across the organization. These tools and resources should support the broader organization through the many aspects of the innovation process—from insight generation to idea conception, idea development, resource allocation, program management, performance tracking, training and others.
Forrester Dec 08 - List of Innovation Vendors
What follows is a broad and inclusive list of today's innovation management vendors -- those that in my mind are either "leaders" or "vendors to watch." (changes made 12/16/08). Importantly, I've split the list into functional categories to create a quick-and-dirty marketplace taxonomy.
Survey: Innovation and Profitable Growth
A joint Accenture/Economist Intelligence Unit survey set out to examine innovation and growth strategies over the coming three years—factors Accenture believes to be vital in achieving high performance. The research showed that while most companies associate innovation with growth, consensus was that lack of internal collaboration is a significant impediment.
The InformationWeek Startup 50: Business Technology Companies To Watch -- Business Technology Startups
Since its founding three years ago, Spigit has racked up an impressive customer list, including IBM, Southwest Airlines, and Sun Microsystems. What's its big idea? Just that--big ideas.
Spigit's Web software helps companies solicit ideas from employees and customers. But it's more than an online suggestion box, marrying social networking and analytics to give good ideas a better chance at rising to the top of the pile.
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