step 1: select the participants.

A group of 35-45 participants is identified — either internal to your enterprise, or external culled from competIQ’s partner global network of over 100,000 subject matter experts* (or a blend of both). The group is brought into the market by competIQ, and is acquainted with the market’s workings.

All participants are anonymous to each other. Only competIQ and the enterprise client have visibility into the identities of the participants.

step 2: run the market.

First, participants review the question, and contribute best answers to the question.

Then, participants trade the contributions, investing virtual capital in contributions believed to carry the greatest value. Investments may be adjusted at any time during the market duration.

Participants compete for substantial rewards tied to virtual profit.

step 3: analyze the market.

When the market has concluded (typically after 6 days), competIQ applies proprietary algorithms to the trading data to produce rigorous value scores around each contribution, and each contribution’s strategic theme.

Factors analyzed include idea price, volatility, scope of trading interest, time-sliced liquidity, term of long positions, and more.

The market’s dataset is available for analysis in real-time as the market runs, and as a management report after the market closes.

step 4: report findings.

After analyzing the market’s dataset, competIQ provides a comprehensive management report to the enterprise.

The report explains how high-performing strategies reached their position, what the trading statistics indicate as to predictive value, and how the market revealed the logic behind its conclusions.

competIQ can supply customized views of the dataset and extended discussion of market findings (beyond the scope of the management report) upon request.