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 Rewrite the script - replace outdated procurement practices, traditional grant-making, and costly corporate R&D. You can mobilize a targeted audience that is ready to overcome your challenges, but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.
Explore the history of prizes and how incentives have been used over the past 500+ years to induce new and transformative technical breakthroughs that have improved the world in both common and game-changing ways.