Combining Outsourcing with the Wisdom of the Crowd: Crowdsourcing

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🔥NEW Combining Outsourcing with the Wisdom of the Crowd: Crowdsourcing
Anneke Zwart, Student (University), Netherlands, Member
In the HBR of April 2013, K.J.Boudreau and K.R. Lakhani are writing about the concept of Crowdsourcing (C). According to them C is a recent development in which organizations use the crowd for problem solving, innovation, research and consultancy; it has already resulted in a lot of success stories. But still there exist only few organizations that use crowd-sourcing, mainly because managers’ are not able to distinguish which problems crowds can better deal with than the internal organization. In this article, the four types of C and kind of issues that crowds can handle better than the internal organization and vice versa are outlined. Furthermore, guidance is given on picking the best type of crowd-sourcing in particular situations. 1. A Crowd Contest means that a sponsor runs a contest to find the best solution for an already identified problem by the sponsor. The sponsor offers a reward so that people will be invited to submit the best solution. This type of C is useful i (...) Read more? Sign up for free

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Outsourcing
Summary
Forum
Combining Outsourcing with the Wisdom of the Crowd: Crowdsourcing
Keep Core Competencies or Become a Solution Provider
Outsourcing SOX Acitvities
Best Practices
🥇When to Outsource Innovation?
🥈Public Services Outsourcing
🥉Incentivised Outsourcing Contracts
What is Outsourcing - Definition
How to Maintain Control in Outsourcing (jobwork)
Shared Services Models and Theories
Pricing of Outsourcing
Outsourcing Customer Services
Disadvantages of Outsourcing
How to Estimate Loss of Intellectual Property in Case of Outsourcing
What is Integral Outsourcing?
Loss of Buyer's Competence due to Outsourcing


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