Crowdsourcing is often associated with start-ups and blue-chip companies who are trying to innovate, but it has the potential to reach far beyond those with seed money and infinite endowments. The beauty of crowdsourcing is that it is rooted in grassroots fundamentals—an environment that is ideal for non-profit businesses.
October 4, 2016: These days the wisdom of the crowd is helping with everything from decoding war correspondence from 150 years ago to studying breast cancer and preventing terrorism. The conservative parties in both the US and UK are even asking the crowd for help— on topics previously reserved for top strategists.
Given the difficulties in developing and working with metrics and measures for open innovation and ecosystems, I have pulled together some inspiration and insights from several articles.
September 15, 2016: In recent weeks we continue to see big name brands tap into the creativity of the crowd for product and service design ideas. In the arts, Beatles fans and Indian citizens contributed footage for new documentaries. Health agencies are using the wisdom of the crowd to find solutions to drug-resistant bacteria and new online platforms help catalog our galaxy. Law enforcement is improving traffic and street safety via crowdsourcing apps; in Oslo a new app is designed and used by children. In an interesting turn of events, crowdsourcing has converted into a system of checks and balances between law enforcement and society. After recent stories of police misconduct in the US, its citizens are now providing data from inside the courthouses to monitor unjust hearings.
September 8, 2016 | By: InnovationManagement | In:
The European Crowd Experts In partnership with the EU Commission, the country Styria, WKO Steiermark, the city of Graz will be the second hosting city to gather the European Crowd experts. All driven by a common goal: enabling the crowd for a greater good. Stakeholder from all 28 European member states represented by dedicated Country […]
September 1, 2016: From biohazard suit design to the latest watches, bass guitars, marketing videos, xenophobic violence data, and writing the next big pop song, crowdsourcing is being used to brainstorm new ideas, gather more data and build with better design for just about anything you can imagine. Here are the biggest news stories to wrap up the summer 2016.
Most innovators cultivate traits like creative risk taking, positive reinforcement and strategic planning. However, there is another branch of innovation in which innovators still require a great deal of training.
August 16, 2016: Are you a crowdsourcing enthusiast? If so, you probably find it hard to keep up with the latest news because the crowd is literally contributing to positive change all over the world. For this reason IM.se is launching a new blog to give you a rundown of recent stories and help you find the best platforms to contribute your own ideas.
Running a small business is not easy, especially when the small business is just starting out. Any misstep, even well-intentioned, can cause a serious setback. But have no fear! There’s a whole untapped squad of people out there ready to work for you for free! Here are three ways crowdsourcing is good for small businesses.
Even before the term was coined in Wired Magazine in 2006, crowdsourcing was utilized as a way to accomplish goals. The strategy had been used for several hundred years before it was officially given a name, but since being named, crowdsourcing has grown into a huge field, spawning subdivisions of the strategy and being used for a multitude of purposes. Wikipedia is one of the most recognizable and mainstream instances of crowdsourcing, designed to elicit and compile knowledge from the masses. Crowdsourcing has been used in real time to track public transportation and traffic updates with various apps.
LEGO has earned the right to celebrate. Not only are kids playing with more mini LEGO people than there are human beings on the planet (Delingpole J, 2009) but in 2015, they were nominated by Forbes as the most powerful brand in the world. For a company which was on the brink of bankruptcy in 2004, the toy maker has made an amazing turnaround. They restructured, hired a new CEO, and forged more licensing partnerships than ever before. Most importantly, they discovered the secret to some of the world’s most successful, low risk innovation strategies.
Over the last few years, innovation has become a ubiquitous branding tool. Whether you are a blue-chip company or a local start-up, innovation has entered the everyday lexicon of CEOs and administrative staff. Compared to prior marketing trends, innovation is not a passive buzzword—it is critical to the success of your company.
Humans are innately concerned with what makes up the creative inventors among us. We want to know how to cultivate our inner innovator and nurture those qualities that will serve us both as individuals and as employees.
The financial landscape is changing and the crowd is uniquely suited to help banks and other financial institutions solve some of the challenges they face. In this article, we look at five tech trends and how they’re changing how financial institutions interact with their customers.
The second edition of Crowd Dialog Europe is coming up in September, where participants from all 28 European members countries will discuss the phenomenon of swarm-based innovation processes, alternative financing scenarios and future of work models for practical insights to potential new business fields as well as an international context on trends and its relation to praxis. In preparation for the event we sit down with two of the experts to discuss crowd-related business in Italy and Cypres.