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The Power of the Crowd Is Driving the Future of Business
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Crowd, Crowdsourcing, crowdsource, crowd sourcing, cheap labor, it strategy, technology strategy, technology consulting, strategy consulting, it strategy consulting, consulting, IT, strategy, it cost, it manager, CIO, it consultant
Industry :
IT Products, IT Services
Functional Area : Product Development, Outsourcing |
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About "The Power of the Crowd Is Driving the Future of Business" topic:
Today�s new pool of cheap labor is everyday people using their time and energy to create content and solve problems. The productive potential of millions of plugged-in enthusiasts is attracting the attention of new as well as old-line businesses. For the last decade or so, companies have been looking overseas, to India or China, for cheap labor. But now it doesn�t matter where the laborers arethey might be down the block, they might be in Indonesiaas long as they are plugged in to the network, we�re all connected. Crowdsourcing has the potential to upset the entire applecart. For example, the ways in which work is organized, talent is employed, research is done, and products are made and marketed can be completely revolutionized. There are implications for individual businesses, associations (think of the opportunities for both creativity and cutting costs) and society in general. Discuss how businesses can make most of Crowdsourcing......
3 insight
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on topic: "The Power of the Crowd Is Driving the Future of Business"
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Yes
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No
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Praveen Asthana
| Argues in support of
"No"
| 4 years ago
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Now all companies grew up in the Internet age and are designed to take advantage of the networked world. For the last decade or so, companies have been looking overseas, to India or China, for cheap labor. But now it doesn’t matter where the...
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Ravikant Raju
| Argues in support of
"Yes"
| 4 years ago
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Crowd sourcing is just a jargon that we don’t want to use but we practice it daily. I will totally disagree to the fact that it is dying. Its still in its nascent stage and the whole world comes under its purview. We are taking a job...
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Debate: "Is Crowd sourcing still relevant?" deleted from your view.
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No doubt most of the business processes are skeptical in practicing Crowdsourcing, but if formulated with wise strategy and execution, crowdsourcing is a very real and important business idea. Definitions and terms vary, but the basic idea is to tap into the collective intelligence of the public at large to complete business-related tasks that a company would normally either perform itself or outsource to a third-party provider. Yet free labor is only a narrow part of crowdsourcing's appeal. More importantly, it enables managers to expand the size of their talent pool while also gaining deeper insight into what customers really want. Crowdsourcing, I feel is the need of present day business...
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George Bigger
| Commented
| 3 years ago
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Until we converge the 'unraveled' (threaded) conversations and transform them into into 'Collaboration on Purpose', the power of 'we the people..' will be squandered. There may be enough skilled attendees at any public event to perform all manner...
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Insight: "Crowdsourcing: The Future Implications" deleted from your view.
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Pranav Chowdhary
| Answered
| 5 years ago
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I'm going to assume by micro-crowds you are really referring to niche targets. Niche targets can be divided up into a number of vertical subsegments which can probably be further divided and so on. I always thought traditional marketing...
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Answer: "How can we tap the wisdom of micro crowds to influence the success of your online service or product?" deleted from your view.
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Business Transformation Consortium, is an unique platform which collaborates players related to Business Transformation, and exchange knowledge ,ideas, business leads and build a innovative synergy, using online platforms. Its purpose is to create awareness on Business Transformation, in the minds of people, and at the same time create Business Opportunities for its members . It is an initiative, taken up by Indian School of Business Transformation (ISB T).It also engages people on discussion related to Business Transformation and creates visibility, for its members in the Business Transformation space . Presently, there are 13 Organizational Members.Membership is by Invitation only. 1.Indi...
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amit chaudhry
| Commented
| 3 years ago
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Hey Joydip thanks for the referral, but most of the happenings are there in Kolkata...and very less places to choose from..
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joydip
| Commented
| 3 years ago
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Thank you Dhanajay , Would love if you you participate on the Ebusiness Transformation and software transformation boards .
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Insight: "What is BTC ( Business Transformation Consortium) " deleted from your view.
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Positive Thinking
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69
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Practical Thinking
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neha singh
| Argues in support of
"Positive Thinking"
| 1 year ago
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Both are good if they are not lies, patch work and masquerading. But practical thinking doesnt mean you can lower your values. And positive thinking without a reality check is just a form of fooling yourself and everybody fools such a girl.
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Amol Gupta
| Argues in support of
"Practical Thinking"
| 2 years ago
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Practical Thinking is the need of the hour..Thinking positive is just required to overcome bad patches of your life but Practcal thinking leads to your innovations and skills count which will certainly reflect your life.
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L. D. Maharjan
| Argues in support of
"Practical Thinking"
| 2 years ago
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Positive emotional perceptions and beliefs is totally incomplete if not involvement of practical and creative solutions towards solving the issues with possible alternatives.
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Debate: "According to you, Which one is better?" deleted from your view.
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These Jargons are like Bio rythms. They keep appearing on the business or management discussion boards. The premise on which the phrase 'Crowd sourcing' has been crafted is that in a networked world labour can be obtained from any end as long as the creative potential is tapped at a low cost. The term crowd is associated with a relatively non contributary gathering . It gels better with the political scene. The industry associates labour with its productive skill and not physical or digital (network based) dimension. Skill is a function of intellect and any person with whatever level of intellect would not want to be seen as one in the crowd . This is where semantics would play a role. In t...
Insight: "It will not be long when businesses will understand this as an "Idea whos tine HAS GONE"" deleted from your view.
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