Derived From
James Surowiecki, Wisdom of Crowds
Football games are a great public vehicle for observing innovation in action and the influence of crowds. Three key factors come into play:
The first two factors create a situation where innovation and experimentation are stifled. Unless the team is losing there is no permission to ‘try anything’. After all, you don’t spoil a winning combination, do you?
Conservatism is promoted because the risk of innovating and being wrong is higher than the reward.
The third factor of immediate feedback is something desirable for innovation. You want quick results to know what works. Unfortunately, in this situation, the public pressure and fear of failure is higher than the reward.
Are you pouring your expertise into your business, working harder every year… but still feel…
Most personal brands fail. Why? Because they’re forgettable. They sound like everyone else, attract no…
Most experts struggle to monetize their expertise — not because they lack skill, but because…
What if your personal manifesto could become a six- or even seven-figure business? Stephen Covey…
What began as one man’s personal manifesto went on to sell 25 million copies and…
Are you a 45+ leader thinking of abandoning corporate life? You’re not alone. An Australian study…