Can Sales Compensation Design Benefit From Crowdsourcing?

Posted by Mike Martin on Thu, May 07, 2015

Crowdsourcing is a technique whereby an organization publicizes a problem to the general public and solicits solution ideas, with a prize sometimes going to the best submission. Nonprofit and for-profit companies have crowdsourced for challenges such as the XPrize, which holds global challenges in categories like technology or life sciences and gives multimillion-dollar awards. Or the cultural statistics Web site FiveThirtyEight recently used crowdsourcing to solicit ideas for improving the NBA draft process.

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