Innovation

Hacka-What?

Over at HR’s Brand New Experience, Regina Miller writes about a "hackathon" at Plaxo.  Hackathon is not trying to break into other people’s computers, rather it’s a designated day where employees are free to work on creative new ideas (related to the company’s mission). I think this would be a great idea for us to adopt especially since we’re now ...

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The Google hybrid map… Duh!

Ok, I get it now. I’m just a bit slow on the uptake. When Google first came out with their satellite/hybrid map I thought “ok, that’s cool, but so what? Why do I need to see the tops of buildings?” Today it struck me. This hybrid function is exactly what I needed. Why? Because I have no sense of direction. ...

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Rite-Solutions Showcases an Innovation Model

In a recent Business Innovation Factory profile Jim Lavoie, CEO of Rite-Solutions, talks about his innovation model and how he encourages his 150 employees to participate in continuous innovation. Rite-Solutions has set up a stock market for ideas, and the employees use the wisdom of crowds to help management determine the ideas and process solutions that have the best chances ...

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On internal idea markets

William C. Taylor, founding editor of Fast Company, writes in The New York Times that a top company called Rite-Solutions focuses "on an internal market where any employee can propose that the company acquire a new technology, enter a new business or make an efficiency improvement. These proposals become stocks, complete with ticker symbols, discussion lists and e-mail alerts. Employees ...

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