Hackathons: A Business Hack That Solves Problems Quickly

Hackathons are time-based and themed innovation activities that bring people together to solve a problem immediately, stirring up people’s imaginations in a highly collaborative setting. They help break through daily routines by creating the right sense of urgency and drive for results. The statement defining the challenge should be straightforward and simple while avoiding innovation theater. Hackathons create the right focus, frequency, metrics and outcomes to ensure organizations are achieving their objectives and creating positive momentum with meaningful results, making them a go-to event to spur purpose-driven innovation in organizations.