Thursday, November 20, 2014 at 6:30 PM until 9:00 PM
Chicago Booth London CampusWoolgate Exchange
25 Basinghall St.London, London, City of EC2V 5HAUnited Kingdom
Rewarding Innovation: Can New Ideas be Bought?
Michael J. GibbsClinical Professor of Economics and Faculty Director, Executive MBA Program,Chicago Booth
Can creativity be motivated by rewards? This question is the subject of controversy among psychologists and economists. Professor Michael Gibbs, Faculty Director, Executive MBA Programs, and Clinical Professor of Economics, provides some new insights into this question by discussing his latest research on innovation at an Asian IT services company. The company uses interesting and unusual practices to motivate employees to generate new ideas on behalf of clients - including an experiment involving non-monetary rewards for new ideas.
Join Professor Gibbs as he reveals findings from the experiment, and explains the implications for motivating creativity in the workplace.
18:30 Executive MBA Information Presentation
19:00 Master Class with Professor Gibbs
20:00 Q&A with current students and alumni
Registration is no longer available because the registration deadline has passed.