- January 28th, 2007, 6:45 pm
#56721
Over in the arena talk thread these ideas were posed; here's a thread to discuss whether LU with its sometimes more authoritarian flavor would ever, as an institution, be able to lay its pride aside to incorporate these ideas into its Research & Development/Institutional Practices: (it should, organizations that shun this practice will increasingly find themselves out of touch with the consumer and said consumer will take their dollars elsewhere where their needs are being met on their terms--gotta love the free market.)
Crowdsourcing and Web 2.0
1a. Crowdsourcing http://www.businessweek.com/magazine/co ... 002422.htm
1b. http://www.wired.com/wired/archive/14.06/crowds_pr.html
1c. http://www.businessweek.com/innovate/co ... 755844.htm
2. Web 2.0 http://en.wikipedia.org/wiki/Web_2
Crowdsourcing and Web 2.0
1a. Crowdsourcing http://www.businessweek.com/magazine/co ... 002422.htm
Companies have been outsourcing to India and China for years. Now they are taking it to another level by using social networks such as MySpace, Second Life, and a multitude of virtual communities to solve their most gnarly business problems. Business model innovation is happening at a lightning clip. First there was outsourcing, then open-sourcing, and now crowdsourcing.
But in their rush to capitalize on the wisdom of the masses, many companies are making big mistakes. Kraft was lambasted on the Web for not really "getting" web collaboration when it simply posted a digital suggestion box on its Web site. Though Kraft said critics misunderstood their effort, which was part of a larger strategy of open innovation, the danger remains that companies will rush to set up consumer communities without carefully considering what they're after and how they plan to use it. It is very easy for crowds to generate the lowest common denominator among solutions.
Smart crowdsourcing is about how we winnow the wisdom from the wash, and what we choose to do with it. Here are some key guidelines to follow...
1b. http://www.wired.com/wired/archive/14.06/crowds_pr.html
The Rise of Crowdsourcing
Remember outsourcing? Sending jobs to India and China is so 2003. The new pool of cheap labor: everyday people using their spare cycles to create content, solve problems, even do corporate R&D
1c. http://www.businessweek.com/innovate/co ... 755844.htm
2. Web 2.0 http://en.wikipedia.org/wiki/Web_2