VERIZON’S POWERFUL ANSWERS COMPETITION seeking and rewarding with cash innovative ideas worldwide, is a smart way to get ideas from outside of the silo. Internal R&D in big organizations cannot help but be driven top-down and have annual targets to measure these mandates. I have long argued for the benefits of Skunk Works, but this bold initiative sounds promising. It is the ultimate development in back-loaded rewards for unpaid external consultants.
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