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(Fwd) RE: Internal idea market places
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Jeffrey Baumgartner
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Oct 15, 2004 00:46 PDT
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------- Forwarded message follows -------
From: "Neil Douglas" <no-@hotmail.com>
To: jeff-@jpb.com
Subject: RE: ValpoCella: Internal idea market places
Date sent: Wed, 13 Oct 2004 23:31:52 +0000
Hi Jeffrey,
The only comment I would have is on the line"The actual
budget would depend upon
each person's position in the firm." Unfortunately,
innovation isn't measured by a person's rank in a firm. It
comes from within.A middle manager may come up with many
more ideas than a Senior Manager who hardly has any time to
think about them.
I guess from a strategic point of view, your comment makes
sense. At an interview for a Senior Manager,they might be
asked, "Where do you see yourself in 5 years?"This is
where an innovator or imaginative person can provide their
vision of the workplace in terms of making advancements by
working smarter.
Take it easy.
Neil
----Original Message Follows----
From: Jeffrey Baumgartner <>
Reply-To: valpo-@topica.com
To: valpo-@topica.com
Subject: ValpoCella: Internal idea market places
Date: Wed, 13 Oct 2004 14:31:28 +0200
Dear ValpoCellans:
Time to wake up!
In the latest issue of Report 103
(http://www.jpb.com/report103/archive.php?issue_no=20041012)
I proposed a concept of internal idea market places. In a
nutshell, an internal idea marketplace is about giving
every person in an enterprise an innovation budget for
implementing ideas. The actual budget would depend upon
each person's position in the firm.
If people have ideas, they can use their budget to
implement those ideas. If the ideas bring money to the
enterprise, the idea implementer receives a commensurate
addition to her innovation budget.
Importantly, in an idea marketplace, employees can buy and
sell ideas using their innovation budget. If you have a
------- End of forwarded message -------
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