Six Partnerships that Prove How Crowdsourcing is Going Mainstream

Six Partnerships that Prove How Crowdsourcing is Going Mainstream

Recent partnerships between major corporations, such as ADK, Booz Allen Hamilton, Edelman, Sony, Deloitte, and Unilever, and crowdsourcing providers are a clear indication that crowdsourcing has become a viable business solution. Companies are turning to the crowd for brainpower to solve technical problems and for creative ideas and video content. Crowdsourcing provides a cost-effective way to produce video content for brands' clients to be used in social media campaigns, public service announcements, and other communication efforts, both online and offline. Crowdsourcing has become a business accelerator, and companies that fail to leverage it risk losing out on a competitive advantage.

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Webinar: Idea Evaluation Matrix - How to evaluate ideas at scale

Evaluating ideas is important but time-consuming. An idea evaluation matrix can help rank ideas efficiently based on factors like time, cost, impact, and alignment with strategic goals.

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Calculating the ROI of an Idea: Ideas That Saved Time

Calculating return on investment (ROI) for an idea is vital to understand whether it should be developed into a project, and evaluating the likely impacts and costs. One way to calculate ROI is to assess the benefits and costs, such as time saved, involved in the implementation of the idea.

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How to Use Open Innovation for Startup Scouting

How to Use Open Innovation for Startup Scouting

Using open innovation and startup scouting can be an effective way to tap into new collaboration and innovation opportunities for products and services.

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