Tag Archives: Crowdsourcing

3 Ways to Boost Innovation through Diversity

Posted on December 4, 2021 by Eugene Ivanov

Have you ever heard about Employment Nondiscrimination Acts (ENDAs)? I suppose not. An obscure and boring subject. And yet, you might be surprised to learn that ENDAs, the U.S. state-level laws that prohibit discrimination based on sexual and gender identities, … Continue reading →

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A map of open innovation tools

Posted on November 7, 2021 by Eugene Ivanov

Open Innovation (OI) has made tremendous progress, both in theory and practice, since its major principles were articulated by Henry Chesbrough in a seminal 2003 book. Today, much better than in 2003, we understand OI’s value proposition, its governance and … Continue reading →

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The questions we ask

Posted on October 13, 2021 by Eugene Ivanov

In my previous post, I argued that the proper definition of a problem is the most important part of any innovation initiative, in particular, crowdsourcing campaign. Inspired by the Pareto Principle, I call it the 80:20 rule of crowdsourcing: 80% … Continue reading →

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How to win a war

Posted on October 8, 2021 by Eugene Ivanov

What do you need to win a war? A few things. First, you need an army equipped with superior weapons and instilled with high spirits. Second, you need a vibrant economy capable of sustaining the hardship of continued military operations. … Continue reading →

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Did the members of the crowd reach the verdict?

Posted on July 9, 2021 by Eugene Ivanov

There are some professions that inspire awe just by the sound of their name. Professional fact-checker, a person tech companies such as Facebook and Twitter hire to identify false or misleading claims, is one of them. Isn’t it cool to … Continue reading →

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Why ask your future customers only once about new product development, not twice?

Posted on April 9, 2021 by Eugene Ivanov

More and more firms have begun practicing the consumer-centric approach to new product development (NPD). As part of this approach, firms use sophisticated market research to identify unmet customer needs that could be converted into successful consumer products. Now, it’s … Continue reading →

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Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

Posted on September 23, 2020 by Eugene Ivanov

(A version of this article was originally posted to the Qmarkets blog) The unprecedented shock caused by the COVID-19 pandemic has forced many organizations to change the ways they do business. Almost every business operation has been affected: from the … Continue reading →

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What Will Crowdsourcing Look Like in 10 Years?

Posted on September 18, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) There is a popular joke (attributed to Niels Bohr): “It is difficult to make predictions, especially about the future.” And at times of uncertainty that we’re all living through, predicting the future … Continue reading →

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Crowdsourcing: Going Above and Beyond Consumer Products

Posted on September 3, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) In the past few years, crowdsourcing has finally come of age as a powerful open innovation tool allowing organizations – including corporations, government agencies, and non-profits – to use external crowds to … Continue reading →

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Five Barriers to Adopting Open Innovation and How to Overcome Them

Posted on August 23, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) A friend of mine, an innovation consultant, likes to joke: “Innovation is simple…but not easy.” The same can be said about open innovation. Henry Chesbrough, who introduced the concept of open innovation … Continue reading →

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