Fun factor in novel suggestions: Money not always open‐innovation motivator

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

What kind of tools and methods can enhance collective‐innovation processes (i.e. practices, services and rewarding systems)? It seems that current rewarding systems definitely increase participation, but not collaboration. Other tools, such as the ability to comment on others' designs and suggestions may be more efficient in motivating collaboration. What are needed are tools that are easy to use, allowing people to express themselves and share their personal details. It seems to be important that maintainers are involved as visible members of a community, which includes telling about themselves in a more detailed way.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Social implications

Provides strategic insights and practical thinking that can have a broader social impact.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2011), "Fun factor in novel suggestions: Money not always open‐innovation motivator", Strategic Direction, Vol. 27 No. 1, pp. 25-27. https://doi.org/10.1108/02580541111096584