Amazon’s continuing place atop the hierarchy of international business has a lot to do with its ability to keep on iterating, rolling out new products or services instead of riding any idea for too long.
When small companies engage in crowdsourcing to generate ideas or funds, the logic is clear – these businesses have limited internal personnel and resources, and thus have much to gain from the public. But what about organizations that are already large and established?
Crowdsourced innovation, collective intelligence (AI + HI), and a 10x mindset is needed in order for organizations to become the engine of innovation. Crowdsourcing Week Summit D.C. connects you with top experts in crowdsourcing, crowd innovation and blockchain enabled economy.
The recent presidential election was seemingly decided on the premise that a business career is the ideal preparation for decision-making in politics, but the types of acumen needed to exist in the political and corporate worlds are actually quite different.
Some of the problems facing industries today seem impossibly large or complex. But when creative business leaders set out to tackle these issues, they can come up with ingenious and inspirational methods.