I read Alex Perry’s piece in The Wall Street Journal (WSJ link) documenting the “The American Solar Challenge“. Engineering students design, manufacture, and race solar powered cars. General Motors started the competition back in the 90’s; it served as a way to identify talent that would play a role in the solar/electric car markets.
These types of events have been around since the late 80s, like The American Solar Challenge, served as a vehicle build a pipeline of talent. Perry writes:
“Such racing events for years have played a key role in training engineers and even laying the groundwork for new technology in the auto industry. A solar car race across Australia in 1987 helped GM develop one of the earliest mass-produced electric vehicles, the EV1. The Darpa Grand Challenge, a race sponsored by the Defense Department in 2004 and 2005, helped accelerate the development of autonomous driving technology.” — click for full WSJ article
My Take
Find creative ways to build a pipeline of talent. These “hackathon”/race style events are not new to the culture. It’s clear that some firms and government agencies utilize this event as a marketplace to identify and retain talent.
I do not use a hackathon event for hiring now. Instead, I give people a data set and ask them to prepare business reviews. It’s not nearly as cool… however… when I’ve designed and executed these events in the past, it’s been through tech/innovation accelerators or schools.
One Useful Action
Identify a talent/startup/tech incubator in your community. Invite them to help you design a challenge that may attract and open the door for talent. It’s my experience that leaders of these groups are creative, and incentivized to help their communities.
What have you to lose?