When technologies and markets change so quickly that no manager can follow them, the most brilliant insights tend to come from people other than senior management, so we created a market to harvest collective genius.
—Jim Lavoie, CEO of Rite-Solutions
Innovation that happens from the top down tends to be orderly and dumb. Innovation that happens from the bottom up tends to be chaotic but smart.
—Curtis Carlson, CEO of SRI International
WHAT WOULD AN ORGANIZATION look like that chose prediction market democracy—that tried to solve its problems by operating on the principle that the market is smarter than the individual? Every senior executive knows that employees who interact directly with customers are the first to ...