The management innovation exchange, a open innovation site dedicated to reinventing management, just announced a new innovation contest aimed at improving how organizations innovate. Here is what they want:
”In the M-Prize we’re launching today, we’re looking for examples and ideas that will help us how build innovation into the woof and warp of our organizations. While there aren’t many businesses that have yet made innovation a true core competence, we can, with your help, build a composite picture of how every element of a company’s management model can be retooled to make it innovation-friendly. “
The hope is that by retooling the management model in this way innovation will become a natural act. Definitely an important cognitive design challenge.
I am interested to hear from readers that want to create a HACK to enter this contest.