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By Milind Pansare | June 12, 2013 Voting can be defined as a method for a group to make a decision or express an opinion—often following a collaborative activity such as a discussion, debate or campaign. The evolution of social voting is fundamentally intertwined with the history of humankind. While many social voting mechanisms have existed over the period of…

By Shail Khiyara, CA | June 6th, 2013 Does innovation pay off? In a recent report on innovation platforms, Accenture tackles this very issue. In some instances, the context of this report have been taken to indicate that Innovation does not payoff. In fact, this study of 519 executives in various companies notes that by putting formal innovation systems in…

By Shail Khiyara, CA | April 2nd, 2013 2013 has already proven to be an exciting year for Spigit and is poised to only get better. We kicked it off with our annual Spigit Innovation Summit at Dana Point where we hosted over 150 customers. The event was keynoted by Sir Ken Robinson (the #1 downloaded TED speaker) and notable…

By: Shail Khiyara | February 6th, 2013 Innovation is the lifeblood of a business. Many organizations are beginning to realize that investing in their people through crowdsourcing helps drive innovation, revenue and competitive advantage. In fact, the Corporate Executive Board found that companies with transformative innovation had 30 percent in sales from new products vs. 14 percent of others that…

By: Hutch Carpenter | November 8th, 2012 When I first joined Spigit over three years ago, the distinct impression I had was that innovation management platforms were the next generation of social, crowdsourced digital suggestion boxes. Almost like an ERP for ideas, a go-to place to post that idea you’ve always had. An advantage of developing a large roster of…

By: Hutch Carpenter | November 7th, 2012 Gathering and channeling community feedback is a critical element in the crowdsourcing process. The objective is to combine each individual’s slice of the “truth” – knowledge, values, decision frameworks – into a collective wisdom about highest potential ideas. As James Surowiecki has noted, individual judgment aggregated this way performs better than a few…