How to Make Wise Decisions – Superlinks
Derived from James Surowiecki, The Wisdom of Crowds 1 Wise: How to Make Collaborative Decisions http://www.bookrapper.com/2010/06/15/wise-collaborative-decisions/ 2 Book Review : The Wisdom of Crowds http://www.bookrapper.com/2010/06/16/book-review-wisdom-of-crowds/ 3 Collective Wisdom and Group Decisions http://www.bookrapper.com/2010/06/17/collective-wisdom/ 4 Four Qualities of Wise Crowds http://www.bookrapper.com/2010/06/18/four-qualities-of-wise-crowds/ 5 The Surprising Key to Business Success http://www.bookrapper.com/2010/06/19/surprising-key-to-business-success/ 6 Four Levels of Collective Decision Making http://www.bookrapper.com/2010/06/20/four-levels-collective-decision-making/ […]
15 Ways to Collect Crowd Wisdom
Derived From James Surowiecki, Wisdom of Crowds Actions : Here’s fifteen ways you can collect and profit from the wisdom of crowds. 1 Diverse Groups Set up diverse groups and teams filled with a diversity of thinking and learning styles 2 Feedback Ask for feedback from those around you. Be cautious about relying on friends […]
Four Ways to Fuel Innovation
Innovation is an essential part of any growing organisation. Here are four ways to fuel innovation in your team as derived from James Surowiecki, Wisdom of Crowds – we rapped this book as part of the Book Rapper book summary series. 1: Redefine Success To spark an innovation revolution in your industry redefine what […]
Double Sided Innovation Example 3: Football Coaches
Derived From James Surowiecki, Wisdom of Crowds Football Coaches Football games are a great public vehicle for observing innovation in action and the influence of crowds. Three key factors come into play: The decision-making is made in the public arena in front of a crowd. Everyone in the crowd seems to have an opinion. The […]
Double Sided Innovation Example 2: Radio
Derived From James Surowiecki, Wisdom of Crowds Radio In the early days of radio three companies in the US dominated – American Marconi, NESCO and De Forest Wireless Telegraphy. Each of these companies had very different approaches to how to develop and distribute radio. More interestingly each of these companies was sponsored in different ways: […]
Double Sided Innovation Example 1: Motor Cars
Most innovation programs only focus on one side of the problem – the generation of ideas. But unless you also provide and develop champions and sponsors of ideas, the level of innovation results will be minimal. In James Surowiecki’s best-selling book, The wisdom of crowds he shares a number of examples of double-sided innovation. (We […]
The Forgotten Side of Innovation – Side 2
Derived From James Surowiecki, Wisdom of Crowds Step 2: Sponsor Ideas The second step for innovation is for the ideas to be adopted, sponsored and championed by a diverse audience. The archenemy of a creative idea is an audience who doesn’t perceive it’s true value and the result is that everyone takes the same approach. […]
Four Levels of Collective Decision Making
Derived From James Surowiecki, Wisdom of Crowds PROFIT : If Collective Decision Making is better than doing it alone, how can we tap into this source of power? Clearly this depends upon the size of the group you are starting with and relying upon. Here, we look at four group sizes and how you can […]
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 […]