Tag Archives: IdeaConnection

United We Innovate

As I wrote on numerous occasions, in recent years crowdsourcing has become a popular topic in academic circles, business publications, and social media. Yet, its acceptance as a practical problem-solving tool has been relatively slow. There are a few reasons … Continue reading

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Crowdsourcing: adding more diversity to your innovation process

I think that today only a very stubborn few would deny a positive role that diversity plays in the marketplace. Studies abound pointing to better performance of companies promoting diversity in their ranks. For example, a 2015 McKinsey report on … Continue reading

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Matching crowdsourcing to specific stages of business model innovation

(The original version of this piece was posted to the Qmarkets blog) I like to argue (for example, here) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question … Continue reading

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Open Innovation = Co-Creation + Crowdsourcing

A good friend of mine Michael Docherty, the founder of the consulting and new ventures firm Venture 2 Inc. (and author of the highly-acclaimed book “Collective Disruption”), was interviewed recently by IdeaConnection’s Paul Arnold. (By way of shameless self-promotion, here … Continue reading

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Crowdsourcing: two approaches, two different outcomes

In my July 16 post, I set out to prove that crowdsourcing is a very cost-effective tool allowing solving problems at much less cost compared to other innovation tools, and, therefore, the low popularity of crowdsourcing, of which I wrote … Continue reading

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The beauty of crowdsourcing

Last week, I spoke with Paul Arnold, a seasoned business writer and BBC alumnus. The topic of our conversation was crowdsourcing: how companies use it and why they’re often disappointed with the results of their crowdsourcing campaigns. The full text … Continue reading

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Can we make crowdsourcing available to small companies?

Crowdsourcing is a powerful open innovation tool allowing organizations to tap on the collective wisdom of their own employees (internal crowdsourcing) or pools of external talent around the world (external crowdsourcing). Internal crowdsourcing (usually managed through Internal Innovation Networks) can be … Continue reading

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