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.