Idea contests: Looks like idea contests are in vogue these days. I must have met at least half a dozen innovation champions from different organizations who said they had idea contests in the last 6 months. Some had specific fund allocated for this contest and they funded select few projects for Proof of Concept (PoC) development. Some said the initiative got choked when they received several hundred ideas and they weren’t ready with the idea selection criteria. Some cribbed about 99% ideas being incremental improvements. No matter what each of them said, I felt it was a good way to get the engine started. Innovation wave: 5 years back if you were an IT company and if you had not assessed yourself for CMM level-5 or if you are not running a CMM initiative, you would be looked upon as a laggard. Looks like it is time for an innovation wave now. However, there is a difference. ISO, CMM, PCMM or any other quality certification comes with clear-cut guidelines as to what steps are to be taken and what artifacts to show to get there. Unfortunately, innovation is on a much murkier ground. NASSCOM has been playing the “innovation” trumpet for a few years now. However, most organizations are still lost as to where to start. Well, idea contests certainly seem to fit the bill, at least for now.
Where is the catch? You may say, “Where is the problem?” Well, the experiences most narrate seem to remind me of my graduate school days in

