by David McCann – CFO.com | US
February 10, 2010
“Motorola uses a prediction-market variant to determine which among thousands of employee-submitted ideas merit a further look.
In 2003 Motorola rolled out a system through which employees could propose ideas for products or anything else that might boost the company's value. By one measure it was an unqualified success: it produced 10,000 ideas over the next four years.
But the volume of submissions to the system, called Think Tank, overwhelmed the review boards that were set up to vet the ideas. A backlog swelled, and missed opportunities abounded. In one case, a competitor brought out a product with features that had been suggested by a Motorola employee years earlier [...]”
