"Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth."
- Peter Drucker
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Innovation Market
The spigit Innovation Market in the Enterprise Platform gives you an easy, crowdsourced way to finding the best ideas and people in your organization. Employees can compete for the best idea and win points for contributing to and reviewing other's ideas. Spigit's reputation calculations ensure that the best ideas rise to the top, not just the most popular.
Benefits:
Evaluate new ideas and reputation of contributors based on an objective set of criteria
Single platform to identify and showcase new innovative ideas and objectives within the firm
Build structure and a forum around any targeted or firm specific area of interest for identifying next generation ideas
Capture, structure and store a complete trail of company ideas for origin tracking and idea evolution
Identify and match key contributors based on skill set and interest with new initiatives
 Reduce the cycle time for identification, selection and implementation of new initiatives
Decrease the risk and cost associated with identifying and testing new ideas
Create sustainable, repeatable, and configurable processes to evaluate new ideas
Provide a dynamic, interactive and engaging environment for an entertaining and productive online collaborative experience
Features:
Scalable model allows unlimited users and ideas
Ability to specify unlimited sectors and specific criteria for each - build new sectors in real-time as new areas of interest are defined. Includes expert seeding by sector, for targeted moderation
Configurable scoring system allows for a multitude of combinations for idea review criteria and scale - also, configure idea valuation as raw score, index or stock price
Comprehensive Professional User profile capabilities allow user to provide bio, work experience history and academic history
Seed user reputation and impact based on level of expertise, experience, job title and more. Or, allow users to earn their reputation based on quality of contributions
 User and Site Access Controls to create private sectors, protect documents, user and expert identities and profiles
Configurable Badges for Promoting User and Idea Advancement - use to manage workflow and as minimum thresholds, to sort and filter key ideas and contributors
User Interaction Graph allows community members to view connection behavior and interactions throughout the community
Configurable Leaderboard and Executive Dashboard to show top ideas, users, and community statistics and trends
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the Entrepreneur Challenge
