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5 Crowdsourcing Examples That Delivered Impressive Business Results

Qmarkets

The concept of crowdsourcing, coined by Jeff Howe and Mark Robinson in a 2006 Wired article , has revolutionized how businesses and organizations solve problems and innovate. In this article, we’ll explore how businesses are using crowdsourcing to drive innovation. What is Crowdsourcing?

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How Open Source Can Help Drive Government Innovation

IdeaScale

Overview: Open source software, patents, and research provide the codebase, data, and information to anyone who wants to explore it. For governments, this allows better citizen engagement and support without committing substantial funds to upgrading or becoming locked into proprietary systems. What Is Open Source?

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What is Open Innovation? Benefits & Best Practices

Qmarkets

Key principles of open innovation include: Collaboration with External Partners : Engaging with external entities to co-create and co-develop new solutions. Here, we explore key elements such as trend management, technology scouting, and crowdsourcing that form the backbone of a robust open innovation framework.

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The Total Economic Impact of Spigit’s Ideation Management Software

Planview

To address this, Spigit commissioned Forrester Research to conduct an independent study examining the value customers receive from implementing Spigit’s ideation management software. Based on Forrester’s financial model, due diligence, and customer interviews they found the following: $105 million in incremental revenue from new products.

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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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16 Best Free Online Brainstorming Tools in 2022

IdeaScale

For example, a brainstorming tool that allows employees to share ideas and vote anonymously on those ideas is one way of helping employees who may not be comfortable with public discussions. Robust third-party support makes it useful brainstorming software for groups that have downtime at the airport or working on their phones or tablets.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

So this post reviews many great contributors to advancing innovation over the years. Over the years, so much has improved and understood by the explanations, case examples, suggestions, clarifications and ways they were “built into” the individual innovation processes that each company chose to construct their innovation process.