Data Intelligence, Business Analytics
Evolution of every species on the planet has happened through a series of experiments – each experiment done with just one objective – to survive and to improve the chances of survival of the next generation. The selection criteria was simple – if the experiment succeeds, you survive and get to pass on your genes. If the experiment fails, you die!
The same instinct for arriving at innovative solutions can be applied to solving business challenges too – Of course the penalty for failure need not be as dramatic as in the game of life
Although, the goal of encouraging communities to solve a business challenge can be achieved through an open question on the internet, a few simple steps can be taken to make the process and the solution more optimal.
The six steps:
At CrowdANALYIX, we focus on solving data-driven business problems, however, these steps are applicable to almost all types of business challenges. A new era is beginning – one in which, enterprises will know with certainty that their business and business processes are running at the highest possible efficiency and with the best possible solutions. This is the era of Managed Crowdsourcing!
Enterprises that ignore this shift and don't take advantage of community-driven innovations will most definitely lag behind and could eventually be driven out of business entirely. Luckily, Managed Crowdsourcing not only makes solutions better and faster, but also allows enterprises to arrive at them more cost-efficiently, further reducing the resource accessibility gap between small and large enterprises.