Tag Archives: open innovation services providers

Don’t confuse crowdsourcing with brainstorming

Posted on March 6, 2017 by Eugene Ivanov

I try to follow what academic researchers have to say about crowdsourcing. As a crowdsourcing practitioner, I welcome the clarity, holistic approach and intellectual vigor that academic research brings to the table. But not always. Take, for example, a recent … Continue reading →

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What can crowds do?

Posted on February 22, 2017 by Eugene Ivanov

Since the publication, in 2004, of James Surowiecki’s highly influential book, “The Wisdom of Crowds,” the idea that large groups of people are smarter than a few individuals, however brilliant, has been gradually gaining prominence in academic circles, business communities … Continue reading →

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Crowdsourcing: adding more diversity to your innovation process

Posted on February 8, 2017 by Eugene Ivanov

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

Posted on January 23, 2017 by Eugene Ivanov

(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

Posted on December 20, 2016 by Eugene Ivanov

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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I know you, I know you not. (How we find experts.)

Posted on October 16, 2016 by Eugene Ivanov

In one of my previous posts I wrote that when facing a problem the majority of organizations have a natural inclination to begin the problem-solving process with engaging experts. Such an approach makes sense when an organization dealt with a … Continue reading →

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Is crowdsourcing pitting “experts” against “amateurs”?

Posted on September 5, 2016 by Eugene Ivanov

In my previous post, I argued that one of the reasons crowdsourcing hasn’t yet become a mainstream innovation tool is the uncertainty over what crowdsourcing can (or can’t) do, meaning that many organizations struggle with identifying problems that can be successfully solved by … Continue reading →

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Can crowdsourcing fix your marriage problems?

Posted on August 28, 2016 by Eugene Ivanov

  I think that one of the reasons crowdsourcing hasn’t yet become a mainstream innovation tool is the uncertainty over what crowdsourcing can (or can’t) do. I’m often asked the same question: can crowdsourcing solve this problem; what about that … Continue reading →

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Crowdsourcing: two approaches, two different outcomes

Posted on July 24, 2016 by Eugene Ivanov

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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Now, what about money?

Posted on July 16, 2016 by Eugene Ivanov

In my previous post, I wondered why as efficient innovation tool as it is, crowdsourcing is still seldom used by organizations. I offered two answers to this question. First, formulating a question to crowdsource requires careful deconstruction of the underlying … Continue reading →

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