Engaging Expert Networks with Open Innovation for X PRIZE

Using OpenIDEO's software platform (OI Engine) to generate ideas, help determine future prizes

For the past five years, the X PRIZE Foundation has convened a two-day Visioneering workshop to ask its network of advisers, including top CEOs, entertainment executives, scientists and philanthropists, the same question: What global challenge should innovation leaders work to solve right now?

After a challenge topic is chosen, the foundation designs an X PRIZE competition in which international teams race to craft the best solution—and vie for a cash prize. By making the R&D process fast-paced, public, and lucrative, the contest has enabled new discoveries in aerospace (SpaceShipOne), automotive (cars that get 100 MPGe of gasoline), and other industries.

In 2011, the X PRIZE Foundation sought to change the selection process. Previously, the organization vetted the list of potential challenges that its advisers considered during the Visioneering workshop. This time around, the X PRIZE Foundation asked its advisers to help set the agenda by asking them which global challenges they wanted to tackle next. They did so using a private, invitation-only online forum—a collaborative software platform set up by OpenIDEO—that allowed advisers to share potential prize concepts, propose challenge questions, and discuss topics of interest. Given the exclusivity of the Visioneering event and the X PRIZE Foundation’s commitment to delivering high-touch service, the OpenIDEO team worked closely with the Foundation throughout the challenge to provide rapid support and troubleshooting to its network of luminaries.

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Project date: 2011