A Good 24-hour Hackathon - Deepstash

deepstash

Beta

deepstash

Beta

Demystifying the hackathon

A Good 24-hour Hackathon

  • Centers on the customer process or journey and supports a clear business target.
  • Involves employees from all relevant areas to find different ways of working a problem. 
  • Challenge participants to reimagine an existing method to try to find the most efficient way to improve the customer experience.
  • Sessions start with ideas but end with a working prototype.
  • Output includes a clear development path that highlights all the steps needed to accelerate production and implementation.
  • The hackathon concludes with a presentation to senior leaders, including a real-life demonstration of the new prototype and a roadmap of IT and other capabilities needed to bring the final version to market.
  • Once the teams agree on what to do, those responsible for execution create a virtual model that the group vets, refines and re-releases in continual cycles until the new process or app meets the desired experience criteria.
  • Management prevents the dissipation of enthusiasm and energy created on the hackathon by placing new processes to sustain it. 

47 SAVES


This is a professional note extracted from an online article.

Read more efficiently

Save what inspires you

Remember anything

IDEA EXTRACTED FROM:

Demystifying the hackathon

Demystifying the hackathon

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/demystifying-the-hackathon

mckinsey.com

2

Key Ideas

Hackathon

... is a term used in reference to innovation jams and describes an event that pools eager entrepreneurs and software developers into a confined space for a day or two and challenges them to innovate. A hackathon goes beyond a simple brainstorm session as it also focus on results and jump-starting a way of working.

For large organizations in particular, 24-hour hackathons can be adapted to greatly accelerate the process of digital transformation and even achieves startup levels of novation. Although often they are less about designing new products and more about “hacking” away at old processes and ways of working.

EXPLORE MORE AROUND THESE TOPICS:

SIMILAR ARTICLES & IDEAS:

Hackathon

A hackathon is an intensive, often software-centric, ideation, prototyping and presentation challenge on known or unknown problems or opportunities.

It is a design sprint-li...

Some Benefits Of A Hackathon
  • Hackathons generate actionable ideas, strategic product concepts and process improvements.
  • Internal hackathons –organized within a company — provide a great way to inspire teams and promote creativity, collaboration, and innovative thinking.
  • If run properly, hackathons can establish a stream of valuable ideas.
  • The gamification layer on top of hackathons can further motivate and reward employees for being innovative while staying aligned with the strategy of the corporation.
The Importance Of The Award

The most important though from a developer’s point of view is resources and sponsorship to drive the product/idea to the next stage. This could be the most inspiring award of all — the winners ability to use specialized resources (developers, equipment, software, services) — according to a suitable plan — and get prepared for a formal presentation of the outcome to the senior stakeholders, leaders and decision makers. 

6 more ideas

Reasons To Integrate Hackathons Into Your Business
  1. Hackathons bring employees together and increase morale. Exploring a project for hours together further bonds and most employees cooperate in teams instead of competing.
  2. Hackath...
The Hackathon

Is an event where people work tirelessly over a defined period of time to build something. Hackathons are most typically executed by engineers, but some companies have done hackathons with non-technical employees, such as sales. 

Serendipity and being open to the unexpected
Serendipity and being open to the unexpected

Serendipity is making unexpected discoveries. It is not entirely controllable nor predictable. It means seeing solutions where others find none.

In a rapidly changing world...

Develop the conditions for serendipity

Several companies design flexible structures and processes to cope with the unexpected. Uncertainty presents not only a challenge but also a potential opportunity.

  • The company, Haier, developed a 'platform ecosystem' where employees can present their ideas to an investment committee.
  • They also developed a digital ecosystem around users where the user is the core.
  • A culture of innovation is encouraged by rewarding autonomous decision-making and encouraging employee teams to find external partners to develop ideas.
  • Other companies focus on coffee trials, where you are randomly paired up with other employees over lunch.