Skip to Content
The Innovation Formula
book

The Innovation Formula

by Amantha Imber
April 2016
Beginner
240 pages
5h 3m
English
Wiley
Content preview from The Innovation Formula

CHAPTER 13 PARTICIPATION The workplace isn't Hollywood — why we don't need stars

If you have done any reading about innovation, you have probably heard of hack days, or hackathons. The concept has gained popularity in the last few years, and is now a staple event at many tech companies. The hack day concept actually started at Yahoo back in 2005, when Chad Dickerson (now CEO of Etsy) was working in the Search division.

‘One of the things I noticed when I was at Yahoo was a website inside Yahoo called the Idea Factory', explains Dickerson. ‘The idea behind the Idea Factory was to have a suggestion box for ideas. If you worked at Yahoo and you thought you had the solution to world peace, you could go to the Idea Factory and say, “If the world just worked this way then this would happen”.'

Dickerson noticed that the Idea Factory was never short of ideas. Indeed, everyone in the company had lots of ideas but unfortunately, ideas don't really mean anything unless they are implemented. When Dickerson started Hack Day at Yahoo, it was with the idea that a team of people could take an idea and, within a compressed period of time, actually build it into something tangible.

A critical factor of Dickerson's hack days was that people were given free rein. ‘Inside a corporation that's difficult, because a corporation has its objectives and you're actually paying people, but I had really great support from the management at Yahoo', says Dickerson. ‘I came up with the concept through hearing ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Advancing Innovation

Advancing Innovation

Patrick J. Stroh, Robert S. Kaplan
Innovation

Innovation

Mike Barlow
Fostering Innovation

Fostering Innovation

Bill Artzberger
Fostering Innovation

Fostering Innovation

Andrew Laudato

Publisher Resources

ISBN: 9780730326663Purchase book