Non-utilized talent can be a major waste of money for any organization. Recognizing it and utilizing employees' skills can lead to engaged and valuable workforce.
Best Buy's unsuccessful foray into entertainment media led to the creation of the Redline Whitepaper, which emphasized the importance of sharing innovation results, including failures.
GE's FirstBuild exemplifies a successful business model that incorporates crowdfunded ideas and community rewards to develop and sell innovative home appliances.
