19 Jul 2011

Why 'Wisdom of Crowds' Systems Work Better

By Peter Verschuere

 

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At CogniStreamer we strongly believe in innovation through collaboration. Our core values are the paradigm of open innovation and the principle of "the wisdom of crowds." Last week I ran into this video clip where Derek Powazek explains the 4 elements that create wise crowds: Diversity, Independance, Decentralization and Aggregation. Because these four items are a perfect match with our CogniStreamer view on crowdsourcing, I couldn't resist to share this clip with you.

 

Derek Powazek helps companies develop strategies to engage their audience, enable user-created content systems that actually create great experiences, and generally avoid the problems that so often strike when companies meet communities. He's the author of "Design for Community: The Art of Connecting Real People in virtual Places".

Peter Verschuere is Team Coordinator at CogniStreamer®, an Open Innovation Management System. Learn more about CogniStreamer®follow our tweets or join us on Facebook.