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Are the crowd to be trusted?

100%Open

You’d surely have to have been on an arctic expedition yourself to have missed the recent story regarding the National Environmental Research Council (NERC) and their new £200m state-of-the-art polar research vessel. Every ship needs a name, and rather than name her themselves, the NERC decided instead to hand that privilege to the internet.

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The Wisdom of Crowds

IdeaScale

It only took me six years as a crowdsourcing practitioner, but I finally got around to reading “The Wisdom of Crowds,” one of the flagship books in our industry. He opens the book with an example most of us know: the crowd that guessed the weight of an ox at a country fair within a pound. Everyone has some wisdom to offer.

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The Ultimate Competitive Advantage: Investing in Your Employees

Business and Tech

Faced with turnover risks and labor shortages, companies are looking for ways to stand out from the crowd. Koslow notes that companies need to build trust in order to foster employee engagement. As work evolves into hybrid and remote models, companies must also evolve their thinking on recruitment, retention, and growth.

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Bandwagon effect: Why people want to follow the crowd

Idea to Value

Does it make sense to just follow the crowd? Well, sometimes it could end up leading you to make bad decisions, just because everyone else thinks it is a good idea. The bandwagon effect is a cognitive bias where people adopt certain behaviors, styles, or attitudes simply because others are doing so.

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Webinar: Plan Your Organization’s Crowdsourcing Initiative

IdeaScale

Giving them a voice builds brand trust and loyalty. Who is your crowd? Crowdsourcing is an effective way to kick off innovation efforts. Gathering ideas from inside and outside your organization can bolster business and increase revenue. Crowdsourcing initiatives increase innovation performance within an organization.

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6 Don’ts For An Open Innovation Winning Formula

PlanBox Innovation

Can you create your own crowd? What are the best practices for developing agreements to use with OI partners or a crowd of experts? Open innovation (OI) can be a powerful approach for organizations to find groundbreaking ideas, develop new products and solve difficult problems. What are the legal hurdles that you will need to solve?

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Building Capability and Capacity to Expand Capabilities for Innovation

Paul Hobcraft

Increasingly your innovation knowledge through coaching, you can accelerate different insights that can form a vital part of any innovation comprehension that can reduce uncertainties, encourage experimentation and draw others towards a changing relationship of trust, increasing productivity and engagement.