If only HP knew what HP knows, we would be three times more productive.
—Lew Platt, former CEO of Hewlett-Packard
A company that can predict the future is a company that is going to win.
—Bernardo Huberman, Hewlett-Packard
RITE-SOLUTIONS, MISYS, and Best Buy are bottom-up prediction markets: questions originate at lower levels of the organizational pyramid, and market results flow upward. If a company wanted to use a prediction market on really major issues, could markets be initiated top-down, even from board level?
Lew Platt’s quote, “If only HP knew what HP knows,” became a mantra for supporters of markets. It was motivated by the most important top-down problem—the difficulty CEO Platt and his Hewlett-Packard board ...