Washington, D.C. – July 13, 2011– The Human Capital Institute (HCI), the global association for strategic talent management, and the Management Innovation Exchange announced Tuesday, July 12th, the opening of the second for HCI Human Capital M-Prize. The winners of the first contest presented in a panel session at the sold-out HCI Engagement & Retention Conference in Chicago.
HCI and the MIX invite leaders from around the world to consider how they can stimulate and support the development of “natural” hierarchies, where influence comes from the ability to lead, rather than from positional power. Traditional power structures vest a disproportionate amount of decision-making power in a few individuals at the top. The result: organizations that are less adaptable than they need to be and more political than they should be. In many web- and volunteer-based organizations, by contrast, hierarchies get built bottom-up. In these settings, individuals accumulate (or forfeit) influence in proportion to the value they bring to the broader community.
Talent professionals must radically rethink their approach to “leadership development.” The goal: organizations where every leader is someone others are genuinely eager to follow. HCI and the MIX are looking for ideas and examples that can inspire and instruct talent professionals in their quest to build organizations that encourage and capture the leadership gifts of everyone, every day. All entries will be reviewed by Gary Hamel and a panel of judges that will be announced in August 2011. The judges will assess entries based on: clarity of thought and originality, potential for impact, feasibility of implementation, and popularity. Winners will be announced at the 2012 HCI Human Capital Summit in Scottsdale, Arizona and on the MIX site in March, 2012.
For more information or to create an entry, visit http://www.hci.org/awards
For advice on how to create a winning “hack” or idea, visit http://www.managementexchange.com/blog/how-hack-management-practical-guide-high-impact-disruption-and-storytelling