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Hutch Carpenter's Library tagged crowdsourcing   View Popular

26 Oct 09

Twitter Serves Up Ideas From Its Users - NYTimes.com

And some big, nontechnology companies are embracing user-generated innovation. Ford Motor noticed that people were modifying Sync, its voice-activated system for playing music and getting directions. Ford has invited university students to come up with new features for the in-car system.

Lego started a site called Design byME, where fans can use Lego design software to create their own models. Lego then sells the designs, effectively offloading the design cost to fans.

Twitter, though, may rely on user-generated innovation more than any other company.

www.nytimes.com/...26twitter.html - Preview

innovation lego ford twitter open crowdsourcing

10 Oct 09

Hayek, The Use of Knowledge in Society | Library of Economics and Liberty

The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess. The economic problem of society is thus not merely a problem of how to allocate "given" resources—if "given" is taken to mean given to a single mind which deliberately solves the problem set by these "data." It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only these individuals know. Or, to put it briefly, it is a problem of the utilization of knowledge which is not given to anyone in its totality.

www.econlib.org/...hykKnw1.html - Preview

wisdomofcrowds crowdsourcing prediction markets km enterprise20

Mobs Rule! : Andrew McAfee’s Blog

On the Internet they’ve been shown to deliver more accurate predictions about political elections and movie revenues than other techniques like polls and statistical forecasting methods. Pioneering efforts to use them within companies show that they’re also highly accurate when deployed behind the firewall (see, for example, the case I wrote with Karim Lakhani and Peter Coles about Google’s internal prediction market and this paper written by Google’s Bo Cowgill and his colleagues).

andrewmcafee.org/...mobs-rule - Preview

prediction markets crowdsourcing wisdomofcrowds crowdcast

30 Sep 09

Corporate Prediction Market Success is Elusive « Toronto Prediction Market Blog

A new study of prediction markets in the corporate world was released, recently. It’s called Forecasting Consumer Products Using Prediction Markets, by Kai Trepte and Rajaram Narayanaswamy. Lo and behold, the prediction markets failed to provide any significant improvement in accuracy over that of the traditional corporate forecasting process.

torontopm.wordpress.com/...tion-market-success-is-elusive - Preview

prediction markets market crowdsourcing forecasting general mills

02 Sep 09

Online Extra: Whirlpool's Future Won't Fade

Without innovation and differentiation, the fundamental basis for competition was just price. There's nothing wrong with that. But our view was for us to truly execute a differentiated, value-creating strategy, we needed to do something dramatically different. From day 1, we took the approach that innovation was not the privilege of a few; it was a right of the masses. The only way innovation would work is if everybody was in, so to speak.

www.businessweek.com/...b3983067.htm - Preview

whirlpool innovation management crowdsourcing employees

19 Jul 09

Unboxed - Crowdsourcing Works, When It’s Focused - NYTimes.com

Open-innovation models are adopted to overcome the constraints of corporate hierarchies. But successful projects are typically hybrids of ideas flowing from a decentralized crowd and a hierarchy winnowing and making decisions.

www.nytimes.com/...19unboxed.html - Preview

open innovation enterprise20 ideas crowdsourcing

18 Jun 09

Innovating Innovation: The Best Ideas Can Come From Anywhere | Brave New Marketing | Fast Company

3M told a great innovation story at the ARF annual conference about a new product that started with a complaint call into customer care. The representative did his own research online, came up with a solution, filmed a video that he put on YouTube and re-contacted the customer to see if that is what he was looking for. 3M reaps the rewards of creating a culture where innovation can come from anyone and anywhere and giving employees a little breathing room to explore.

www.fastcompany.com/...n-best-ideas-can-come-anywhere - Preview

innovation fastcompany 3m youtube ideas crowdsourcing

16 Jun 09

The Crowd Has Its Say: Hutch Carpenter (@bhc3) - BusinessWeek

BusinessWeek asked the crowd for opinions on...crowdsourcing. This is my response, published to the BusinessWeek website.

@helenwalters posted the request for opinions on Twitter.

images.businessweek.com/...10.htm - Preview

businessweek spigit crowdsourcing twiiter

20 May 09

Most-Popular Lists Breed More Popularity - WSJ.com

Frequently, popularity rankings speak less to the merits of what's being observed and more to the fact that crowds are observing it. In other words, peer pressure. "If you see a crowd around a building, you pop over and see what everyone is looking at," says Jimmy Leach, editorial director for digital at the Independent newspaper in the U.K.

online.wsj.com/...SB124277816017037275.html - Preview

reputation crowdsourcing popularity

04 Apr 09

scottberkun.com » Where do your ideas die? (With a bad illustration)

The reason there is little change is that idea inputs were never the problem. The bottleneck was further upstream. Crowdsourcing, brainstorming, mindmapping, and the dozens of other techniques people obsess about help create early idea volume, but do little to help the curators, the people who winnow down the hundreds of ideas down to dozens, and dozens down to a handful.

www.scottberkun.com/...as-die-with-a-bad-illustration - Preview

innovation berkun ideas spigit crowdsourcing

16 Mar 09

The dogmas of the quiet past - Cognitive Edge

In this first post I want to outline three key principles that need to inform both the theory and practice of governance in organisations: (1) Distributed cognition. (2) Finely granulated objects. (3) Disintermediation.

www.cognitive-edge.com/...dogmas_of_the_quiet_past_1.php - Preview

innovation crowdsourcing idea management collective intelligence sensemaking

Library clips :: Crowdsource as a way to create a community :: March :: 2009

Our forum is basic so we don’t have the features that come with crowdsource designed tools like IdeaJam, Brightidea (used by Cisco), Salesforce have their own site, IdeaScale, UserVoice, Suggestion Box, CrowdSound (widget), Fevote

libraryclips.blogsome.com/...as-a-way-to-create-a-community - Preview

innovation idea management crowdsourcing ideajam brightidea salesforce ideascale uservoice suggestion box crowdsound fevote enterprise 2.0 enterprise2.0

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