“The best way to have a good idea is to have a lot of ideas.”
That quote from two-time Nobel Prize winner Linus Pauling is the guiding tenet behind the Altegrity Best in Class Competition, in which the company’s 10,500 employees compete to come up with the best ideas to make their company better.
In July, the employee teams with the 15 best ideas will come to Annapolis, Md., for a sort of ideas fair, in which they’ll present their concepts using foam core posters, just like at a school science fair.
“Our executives will judge the presentations, score the ideas based on a set of defined criteria, and ultimately crown the winning team,” says Ray Howell, corporate communications manager at Kroll, an Altegrity company.
The competition is a win/win for executives and employees, Howell says. The top brass get a ton of ideas for how to make the company better, while employees get a chance for a $1,000 prize for each team member and a free trip. Plus, employees who don’t submit ideas get to have their say.