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Market Watch - Collective judgement.(Brief Article)(Book Review)
For many organisations, knowledge strategy means getting the right information to the right person at the right time, to enable the best possible decisions to be made. Companies often bet on the success of the 'expert decision maker' who, if given the right informational inputs, should make the right decisions most of the time.
In his book The Wisdom of Crowds, business columnist James Surowiecki turns conventional wisdom - with its emphasis on leaders, experts and gurus - on its head, and in doing so raises important knowledge strategy issues.
Put simply, Surowiecki argues that large groups of people with diverse abilities are better at making decisions than a small number of 'experts'. He cites the example of a competition at a country fair in which 800 people - not all of them livestock experts by any means - guessed the weight of an ox. The average weight guessed by the crowd was just one pound out from the actual weight. Something similar to 'Ask the Audience' in Who Wants To Be A ...
- IBM/Lotus to put social networking tools, sharing software in spotlight.(IBM...
- Magazine article from: Network World Fontana, John January 22, 2007 700+ words
...will introduce a bundle of social networking tools designed to revolutionize the way...projects in the works to bring social networking tools to its collaboration platform and...ProjectDescriptionCompetitionVenturaCollection of social networking tools including a user directory, ...
- Demand Media Announces Social Networking Tools for .TV Domain Names.
- Press release article from: Business Wire March 7, 2007 700+ words
...Media[TM] industry leading social networking tools with every .tv registration. Today...of-the-box customizable social networking tools to build their own personalized channels...with personalized video and social networking tools." In December of last year, Demand...
- AIIM and ON DEMAND Expos Roll Out Suite of Networking Tools; New Networking...
- Press release article from: Business Wire May 8, 2006 700+ words
...announced the launch of a suite of networking tools that allows participants to match...their experience by using the suite of networking tools in three ways: AIIM ON DEMAND Connect...continue making connections. "These new networking tools are great news for attendees as well...
- Social Networking Tools Stimulate Government Operational Efficiency and...
- Press release article from: Business Wire May 4, 2009 700+ words
...Data" FALLS CHURCH, Va. -- The creative use of social networking tools, which offer rich media sharing, integrated communications...acquisition process efficiency through the use of social networking tools," said Adelaide O'Brien, research manager, Government...
- Kelly to use online networking tools.
- News wire article from: Business Day (South Africa) January 29, 2009 700+ words
Byline: Nicola Mawson Kelly to use online networking tools Group looks to Facebook as recruitment channel, and...its candidate base by making use of online social networking tools, such as Facebook, as it seeks to grow in a skills...
- Bloggers welcome here: social networking tools appear poised to enter the...
- Magazine article from: T H E Journal (Technological Horizons In Education) Fletcher, Geoffrey H. November 1, 2007 700+ words
...creeping into schools. One sign of the advance of social networking tools is that software publishers are now incorporating them...programs, districts enforce a virtual blockade on social networking tools. Eighty-four percent have rules against online chatting...
- AviationWeek.com Launches New Online Networking Tools.
- Press release article from: PR Newswire June 14, 2007 700+ words
...industry's leading website now offers a suite of business networking tools enabling users to create profiles, interact with the AVIATION...Director, Information Marketing. "We now have new business networking tools and new formats of content, including blogs, videos and...
- Glide Mobile Delivers Missing Web Publishing and Social Networking Tools for...
- Press release article from: PR Newswire October 3, 2007 700+ words
...photo editor and now advanced website publishing and social networking tools," said TransMedia Chairman & CEO, Donald Leka...more. 6. Free desktop and mobile social and business networking tools; and 7. 2 GBs of free online storage. The Glide Business...
- Fast Track.(media companies increasly using social-networking tools)(ad-sales...
- Magazine article from: Broadcasting & Cable Hemingway, Jon Grossman, Ben Benson, Jim July 9, 2007 700+ words
By Staff Networking Tools A Must for Media Jon Hemingway By Jon Hemingway Bolder use of...deemed essential in competitive market Savvy use of social-networking tools by media companies is no longer optional. It's essential...
- Online Discount Broker TradeKing's Q3 Survey Shows Social Networking Tools...
- Press release article from: PR Newswire November 6, 2007 700+ words
...equity and options traders, shows the use of social networking tools has moved even further into the mainstream for active investors...information actively online. "The growing reliance on social networking tools among active investors is a great validation of TradeKing...
Source: HighBeam Research, Market Watch - Collective judgement.(Brief Article)(Book Review)