As a tool to facilitate and encourage employees to share their ideas about new business opportunities, suggestions boxes have the same effect as a shredder does on paper.
What’s more they don’t scale, they don’t manage expectations and they’re not robust.Β About the best thing you can do to a suggestion box is to ask employees to suggest the most creative way to destroy the box itself.
So what do you once the suggestion box has been burnt/shredded/crushed and microwaved? Start researching prediction markets from companies like BrightIdea, and read posts like this from James Gardner…