6 Great Advantages of Crowdsourcing you can Benefit From

6 Great Advantages of Crowdsourcing you can Benefit From

Crowdsourcing can unlock unexpected solutions, increase diversity of thinking, and reduce management burden. It can also generate more marketing buzz, speed up problem-solving, and provide a rich source of customer data. However, companies need to carefully manage confidentiality and intellectual property, and be aware of the risk of inconsistent outcomes. It's important to set clear terms and expectations for participants to ensure the success of a crowdsourcing exercise.

View

More Innovation Resources:

Chasing Cool Ideas vs. Solving Consumer Needs - By Woody Bendle

Innovation is about solving customer needs, not just chasing cool ideas. Thomas Edison's focus on creating things people want, need, and are willing to buy is still relevant today, as over 60% of new-product development efforts fail to reach the market.

View

How to create an innovation strategy that translates to the operational team level

An effective innovation strategy must align with business growth and project teams. This article outlines 3 crucial questions to answer and 6 key components for delivering business impact.

View
New Year's Resolutions - 7 Articles to Boost Your Inspiration

New Year's Resolutions - 7 Articles to Boost Your Inspiration

Need help with your New Year's Resolutions? Check out these seven Brainzooming articles that cover productivity, social media, career improvement, business networking, leadership skills, and managing stress levels.

View