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Idea Stock Exchange

Posted by ryuzaki0 on from the soylent-futures dept.

Retrospeak writes to tell us The New York Times has an interesting article on an interesting business strategy used by a company called Rite-Solutions. The system recognizes the need for harvesting ideas from the entire company instead of just one or two "idea-men" in a stock-market-esque idea exchange. From the article: "We're the founders, but we're far from the smartest people here," Mr. Lavoie, the chief executive, said during an interview at Rite-Solutions' headquarters outside Newport, R.I. "At most companies, especially technology companies, the most brilliant insights tend to come from people other than senior management. So we created a marketplace to harvest collective genius."

11 of 160 comments (clear)

  1. Hey by smvp6459 · · Score: 5, Funny

    Can I sell ideas short?

    1. Re:Hey by B3ryllium · · Score: 3, Funny

      They call that "marketing".

  2. I got great ideas by fputs(shit,+slashdot · · Score: 2, Funny

    My ideas most involve inflatable sex toy, small rodent and chocolate spread. Where do I sign up?

    --
    I am the bastard of base minus 12! Turing was the ejaculate of my complete machine!
  3. It's a trap! by Jester998 · · Score: 4, Funny

    We're the founders, but we're far from the smartest people here

    Anyone who submits an idea gets labelled "not a team player" for not backing management's ludicrous schemes.

    It's a trap!

    [/end Dilbert-esque paranoia]

  4. Idea Stock Exchange by Anonymous Coward · · Score: 5, Funny

    I'm going to short neoconservatism.

    1. Re:Idea Stock Exchange by Stiletto · · Score: 2, Funny

      I wouldn't. If history has taught us anything, it's that old, rich, white conservatives never get what's coming to them. They just end up older, richer, whiter, and more conservative.

  5. Oh great by Oldsmobile · · Score: 2, Funny

    Oh great, a ponzi scheme but with ideas.

    --
    Some say he is made with ascii, others that he is eyeballed daily by millions. All we know is, he is known as the Sig
  6. Yes, even the general public could brainstorm by GuyMannDude · · Score: 3, Funny

    Yes, in fact, the Japanese used this method to allow the general populace to brainstorm creative solutions to the country's most vexing problem. Unfortunately for them, the demographics of the country were such that the votes of children aged 5-12 largely determined the resulting solution.

    GMD

    --
    watch this
  7. You can already share your ideas on the Web by walnut_tree · · Score: 2, Funny

    There are a number of "idea banks" already on the Web such as Should Exist and Halfbakery. These sites are a bit diffrent from the approach described in the NYT article though.

  8. Linux as a role model by zpeterz63 · · Score: 2, Funny

    That's a key lesson behind the rise of open source technology, most notably Linux. A ragtag army of programmers organized into groups, wrote computer code, made the code available for anyone to revise and, by competing and cooperating in a global community, reshaped the market for software. The brilliance of Linux as a model of innovation is that it is powered by the grass-roots brilliance of the thousands of programmers who created it.

    Just in case anyone might wonder why this on /. ...

  9. We tried to get HP to do this... by Baldrson · · Score: 3, Funny
    But it was shot down by management.

    I'm not kidding.

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    Seastead this.