Double Sided Innovation – Side 1
Derived From James Surowiecki, Wisdom of Crowds PROFIT : Most innovation programs only focus on one half of the problem – generating ideas. However, without the fundamental second step of having a diversity of sponsors to bring a range of ideas to life, you may be killing off your best opportunities. Here’s how to include […]
The Surprising Key to Business Success
Derived From James Surowiecki , Wisdom of Crowds PROFIT : If there was one key to business success, what do you think it would be? Most of us probably think it has got something to do with money, profit or value. A big swing in the past few years suggests the key is people and […]
Four Qualities of Wise Crowds
Derived From James Surowiecki, Wisdom of Crowds PROFIT : The Wisdom of Crowds is not simply about getting any group of bodies together. Whilst it needs to be the right crowd, they don’t have to be a smart one provided they demonstrate the four key qualities for making wise decisions. 1 Diverse The simple mathematical […]
Collective Wisdom and Group Decisions
Derived From James Surowiecki, Wisdom of Crowds PROFIT : Are you good at making decisions? Be careful, that’s a trick question… Even if you’re really, really good at making decisions you may be surprised to know that a crowd will consistently out perform you. Here’s how… Collective Wisdom If you simply ask enough people then […]
Book Review : The Wisdom of Crowds
The Book James Surowiecki, The Wisdom of Crowds, Anchor Books, New York, 2005, ISBN: 0-385-72170-6, 284 pages. Précis The lone ranger expert who tinkers alone in his shed has been replaced by the universal mob of experts, amateurs and misfits. When it comes to making decisions, the crowd is smarter than any one individual. Features […]
Wise: How to Make Collaborative Decisions
The Book James Surowiecki, The Wisdom of Crowds, Anchor Books, New York, 2005 Speed RAP The world has gone collective! Making good decisions has always been important. Now, Surowiecki points us to the most effective way possible and it’s a collaborative approach. It’s time to employ internet and digital technologies to make it easier to […]