At Molten-Labs we have two requirements to work with us – excellent technical ability to provide a solution and the ability to communicate that solution. We truly do not care what your race is, what your sex is, or what your heritage is, except that we wish to celebrate all of these elements of you. If this philosophy is taken to its logical end, we could be hiring an MIT graduate with 20 years experience, or a 20-year-old who hasn’t graduated from Indian Institute of Science (IISc Bangalore), so long as they were capable of the work, and of communicating their work.
This is where crowdsourcing comes in. While internal teams may lack the time or skills to build on application ideas and hiring additional employees with specialised skills is difficult and expensive, with crowdsourcing, you can rapidly scale innovation by inviting specific audiences within and/or outside your organisation to generate and build on innovative ideas—without adding or redirecting internal resources. Crowdsourcing gives you unlimited access to specialised talent so you can execute on more ideas and experiment with new technologies. It allows us to tap into the people and skills you need when you need them.
Limits on time, budget, and people make it impossible to work on more than one idea at a time, and choosing the “wrong” idea can lead to setbacks. Crowdsourcing or crowdsolving reduces
constraints and lowers risk because it can move dozens of ideas through the innovation funnel in parallel and compare/contrast results at different stages of the process. Crowdsourcing delivers
real results that ignite a culture of innovation. Focus, competition and tangible results generate excitement and foster entrepreneurship.
This “crowd” approach allows Molten-Labs to reduce risk, cost and the time to the solution, while dramatically increasing the breadth of the technical ability applied to the problem. Further,
this anonymous meritocracy approach to finding a solution is part of our culture at Molten-Labs.
For all of these benefits, we must be very cognizant of each particular client’s wishes and concerns. While Molten-Labs defaults to “open”, we are also very concerned about the client’s proprietary information and security. We would never utilise the crowd without first stripping all proprietary or identifying information. The work would be posted abstractly and anonymously.