Knowledge Management resources

Interesting Blogs

Google Analytics

« Google Adsense Forum | Main | Top Ten Music Blog Posts for 2006 »

February 02, 2007

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

John T. Maloney

Bill, here is how one company, General Electric, expands their central nervous system for collective intelligence with value networks and information markets.

GE calls them ‘Imagination Markets.’

"Since we knew that innovative ideas could come from anywhere, we asked lab managers, project leaders, individual contributors, contractors, summer interns, and other support staff to join in. Participants could propose ideas throughout the market. These ideas were represented as securities on the market. Participants bought and sold shares based on which ideas they thought would best satisfy the following criteria:

• Have a high $ impact to one or more GE businesses;
• Utilize advanced technology compatible with our organization’s focus areas;
• Demonstrate impact within 1-3 years; and
• Be focused on growth-related ideas.

The highest price security at the end of the market, based on the volume-weighted average price over the last 5 days of traded, was considered the “best” idea.

The individual who proposed the idea was awarded research funding to more fully explore the research topic. Participants were also awarded prizes based on the value of their portfolio. Some participants also won lottery-based prizes just for participating." From David Perry, ConsensusPoint.

These enterprise complex adaptive systems breakthroughs is what the SoCal sponsors will investigate on 22 Feb at their popular "Collective Intelligence Networks Summit." -- see:

http://www.pmcluster.com/LAX.htm


-j

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)

My Photo

RSS Subscribers

Share Portals and KM on Facebook

  • Share on Facebook

Subscribe

AddThis Social Bookmark Button

Some Recent Articles

Linked In

  • View Bill Ives's profile on LinkedIn

Site Meter