Following up to the
McKinsey report, "And the Winner is..." this Deloitte report helps readers to better understand how challenges can help d
evelop ideas, technologies, products or services or engage people, organizations or communities.
Read how prizes can help you to:
- Attract new ideas
- Stimulate markets
- Build prototypes & launch pilots
- Raise awareness & mobilize action
- Inspire transformation
This report includes these highlights and more:
- PUBLIC SECTOR BY THE NUMBERS
Read about how challenge designers achieve their desired outcomes by customizing five key design elements
- GETTING STARTED WITH INCENTIVE PRIZES
Understand how to better address what the challenge problem should address. Also, what kind of prizes should be offered if any at all?
- LINKING PRIZE OUTCOMES TO PRIZE DESIGN
Learn how asking the right questions about five key design elements can promote a successful campaign.
- TRENDS AND INSIGHTS
Challenges are becoming bolder and more sophisticated and prize designers are partnering with sponsors to attract participants in new ways. See how challenge designers are expanding the horizon of competitions.