Newsbyte: SAP and the Management Innovation eXchange Announce M-Prize Winners

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May 29, 2014, 02:30 ET

WALLDORF, Germany, May 29, 2014 /PRNewswire/ -- SAP AG (NYSE: SAP) and the Management Innovation eXchange (MIX) today announced the M-Prize winners of the "Unlimited Human Potential Challenge," a global ideas contest focused on finding actionable solutions to pressing management problems. Selected for demonstrating how emerging digital technologies and the principles embedded within them can produce radically new approaches to unlocking human potential, the winners are:

Nomatik Coworking, by Andrew Jones, Tony Bacigalupo and David Walker
Horizontal Management at Vagas.com, by Mario Kaphan
Collaborative Funding: Dissolve Authority, Empower Everyone, and Crowdsource a Smarter, Transparent Budget, by Alanna Krause
How We Harnessed Big Data and Social Technology to Empower and Engage Employees, by Chelsea Lefaivre
Enterprise Knowledge Graph – One Graph to Connect Them All, by Lukas Masuch
Incubating Intrapreneurs to Revitalize Customer Business, by Shyam Sundar Nagarajan
Developing Tomorrow's Talent: A Girl, A Blog, and 30 Days to Business Impact, by Clare Norman

The Unlimited Human Potential Challenge was hosted by the MIX, an open innovation project aimed at reinventing management for the 21st century. Among the 109 total entries from 23 countries, winners were selected by a global panel of prominent entrepreneurs, influencers and thought leaders, including Professor Gary Hamel, MIX co-founder and author of "The Future of Management" and "What Matters Now."

"Human beings who work inside every kind of organization possess unlimited potential, yet most organizations are unable to tap into it due to a series of self-imposed boundaries," said Hamel. "Unlocking this potential means challenging the many assumptions we have about work today. The M-Prize winners represent the most progressive technologies, practices and ideas for unleashing and mobilizing human capability, wherever it exists."

Participants submitted their ideas online via a crowdsourcing platform created by the MIX. Entries were made either in the form of a real-world case study of management innovation or a hack, a bold idea for tackling a critical management challenge. Each winner has earned the chance to be recognized at SAPPHIRE® NOW, being held June 3-5, 2014, and at the MIX Mashup, being held November 18-20, 2014. Entries from the pool of finalists have also been chosen to receive additional prizes, based on their potential to produce a viable app, product, company or movement. These "Idea Accelerator" prizes include a design thinking workshop with experts from SAP Labs, a mentoring session with executives from SAP Ventures and introductions to business incubators or angel investors in the SAP Ventures network.

"Research shows that, around the globe, fewer than 20 percent of employees are truly engaged in their work. This has profound implications for leadership, management and how we organize in the workplace," said Jonathan Becher, chief marketing officer, SAP. "The M-Prize shines a spotlight on how we can unleash human potential and improve people's lives at work in a meaningful way. These winners have identified compelling ideas to shape the future of business."

Winners will be featured at SAPPHIRE NOW during the Future of Work Forum session, "Create a Company That's Fit for the Future by Tapping Human Potential." To learn more about the winners and their entries, read an M-Prize blog here. For more information, including photos, videos and screenshots, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

Media Contacts:
Natalie Fine, SAP, +1 (212) 653-1414, [email protected], EDT
Adam Novak, PAN Communications, +1 (617) 502-4326, [email protected], EDT

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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SOURCE SAP AG