Tag Archives: Open Innovation Tools

Know your neighbor (The virtues of crowdsourcing)

Posted on September 15, 2016 by Eugene Ivanov

Before I turn to the virtues of crowdsourcing, let me tell you a story that happened 7-8 years ago. I worked with a client, a statistician in the consumer product field. (To tell this story freely, I changed the industry … 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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A Performance Paradox: Why Is Crowdsourcing So Seldom Used?

Posted on July 9, 2016 by Eugene Ivanov

Call it a performance paradox: while being an effective innovation tool, crowdsourcing is seldom used by organizations. A fresh example of this paradox came in the recent Gartner 2016 CIO Agenda Report (highlighted in a June 27, 2016 Forbes article). … Continue reading →

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Fashion guru Tim Gunn on crowdsourcing

Posted on January 29, 2016 by Eugene Ivanov

Tim Gunn is a prominent fashion consultant, TV personality and author. He’s best known as the Emmy Award-winning co-host of the reality show Project Runway; he’s also the author of four bestselling books. Now, I have to admit that I … Continue reading →

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The beauty of crowdsourcing

Posted on December 3, 2015 by Eugene Ivanov

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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Want the correct answer (and perhaps to be a millionaire too)?

Posted on November 9, 2015 by Eugene Ivanov

Over the past few months, I’ve been preaching the virtues of crowdsourcing to young entrepreneurs and startup (co)-founders. Perhaps, I’m not a good preacher, but very often, my message is being met with a visible skepticism. Why would I approach … Continue reading →

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Can we make crowdsourcing available to small companies?

Posted on October 23, 2015 by Eugene Ivanov

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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