Our world is changing fast, which means the old ways of solving problems won’t cut it. How can you speed up the problem-solving process while making sure you’ve sourced the best solution? Run a competition. Offer incentives that are designed to attract new talent who can deliver groundbreaking solutions. Rewrite the script - replace outdated procurement practices, traditional grant-making, and costly corporate R&D. You can mobilize a targeted audience that is ready to overcome your challenges, but you only pay for results. In this session, you will learn from the world’s leading expert, and you will understand how transparency, fairness, and openness accelerate effective problem-solving and generate unexpected benefits for your cause or company.

• How fair and open competition can solve problems faster, while delivering unexpected benefits.
• How to apply complex theories of economics and behavior sciences to meet your specific needs.
• How the emerging field of open innovation is quickly becoming more accessible and attractive.
  

• Founder and CEO of Carrot, the market leader in the design, development, and management of incentive-based programming.
• Recognized by the BBC as “the world's expert” in designing prizes and challenge competitions to drive innovative breakthroughs.
• Worked with a team to establish a lab at the Massachusetts Institute of Technology (MIT) to study how targeted rewards can be used to induce new solutions to engineering obstacles.
• Completed graduate studies at the University of Chicago and is a frequent lecturer on the history of prizes and the use of "Incentive Engineering."
• Advisor to the White House (two Presidential Administrations).
• Compiled over 45 case studies representing a decade of work and experience.