Comment Why this works (Score 4, Interesting) 140
There are a few options for a government or other large organization to get something important and difficult done.
1. Assign the task to whatever part of your org chart this falls under. Uncountable billions and years later, you'll have a semi functional disappointment. NASA has proven this several times.
2. Contract it out to a major company, picked in some bidding process. The results are slightly better than (1), but still very bad.
3. Announce a prize of 1% of what you would have spent in (1), and you'll likely have a solution in 1/3 of the time.
This is because with prizes, whoever is best suited to solve the problem, in the whole world, can do so without having to convince your bureaucrats of their ideas, and make a profit doing so.
It's one of the very few effective ways to work around natural bureaucracy inertia.