How Hackathons Are Driving Innovation

Hackathons Are Becoming The Norm

How exactly do firms benefit by hosting internal hackathons for their teams at office?

By HIBA KHAN

Re-invention is key for any business. Adopting internal hackathons as normal business practice should now become a norm by companies as it fosters innovation, solves problems quicker and gives employees a chance to come forward with their unique ideas in a short time frame. As well as attracting new talent,they are also great for rekindling interest in unmotivated employees by giving them a sense of responsibility and purpose.

How exactly do firms benefit by hosting internal hackathons for their teams at office? Lets have a look;

Time pressure leads to fast solutions

The fact that employees have a limited amount of time to produce a prototype or solution forces them to adopt the opposite mindset. Instead of working at their own pace or when they feel they have time after priority tasks; they are forced to collaborate with a team to perfect an idea and prove its viability.

No failures, only lessons

Hackathons are a good reminder that failure is a good thing. When people experiment with a team on new ideas, they are likely to venture into interesting places and if they fail, they fail together and learn how to be better.

They are also a wonderful way to boost employee morale. There’s nothing like exploring a new project for hours together, uninterrupted to bond teammates with one another.

Reinforcing the right values

Working hard, working fast, working tirelessly, working intensely and working with your team. What entrepreneur or leader wouldn’t want their employees to embrace these values? It’s amazing for everyone to see how much can actually get done when there are no meetings, no phone calls, and no disruptions- just people working together towards a common goal.

For all businesses, hackathons can make the bottom-line difference between staying static and developing something that could transform the future.

Are you ready to host your first internal hackathon?

Contact us today and find out how we can help you pull off a super successful event.

Why Every Organisation Should Be Hosting Hackathons

Inject Your Organisation with Innovation

Are you ready to host a hackathon and boost innovation in your company?

By HIBA KHAN

The popularity of hackathons has risen dramatically in recent times. An estimate shows that in 2016, hackathons resulted in a staggering 13000+ prototypes while over 80% of the Fortune 100 companies regularly conduct hackathons.

Despite the rising fame of hackathons, there are still many misconceptions that exist about the whole concept.

Perhaps the most widespread is that hackathons are only beneficial for startups and coders. In reality, hackathons are most effective in speeding up the digitization of businesses. Additionally, they inject an organization with innovation and create better solutions for an array of business problems.

It is absolutely essential for any business to maintain competitiveness and have strong technical teams. However, finding the right employees can be challenging. That’s where hackathons come in. A well-organized hackathon works like a magic spell that gets the most talented and creative minds together to brainstorm and deliver a diverse set of quality ideas. Not only does this shorten a company’s innovative cycle, costs less compared to traditional innovation models and moves ideas to prototypes quickly; they also help employers seek and recruit from a pool of exceptional candidates.

Internal hackathons are also extremely effective in encouraging existing employees to push their creative boundaries and create the next best product. 

Contact us for hosting a hassle-free event on your behalf that will not only add to your brand value but also get you in direct contact with some of the best minds in the industry.