Tag: problem solving
How Open Innovation Enables External Communities to Solve Mining Industry Challenges
This article from Matt Burns at Unearthed Solutions gives a fresh breakdown of the structured stages of an open innovation prize challenge. Headquartered in Perth, Western Australia, Unearthed Solutions helps its clients in the...
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What Problems Does Bitcoin Solve?
Bitcoin’s most recent halving, its third, on May 11 2020 put it back in the news – as if it’s ever far away – and means Bitcoin miners now receive 6.25 bitcoins. We decided to use this event as an opportunity to...
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Managing Pandemic-Proof Payables for Digital Marketplaces
COVID-19 is going to be a generation’s shared memory, with its disruptive and generally negative effects. The lockdowns are increasing the size of the gig-economy workforce as some furloughed workers transition to a temporary...
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CSW’s Virtual Crowd Summit Summary, 7 May 2020
Attendees at our first Virtual Crowd Summit experienced an international panel of speakers discussing and sharing how crowdsourcing-led techniques and models can help organisations. Help them to not only face up to the economic...
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Crowdsourcing IT Security During The COVID-19 Pandemic
The threat of cyber-attacks has risen in the current COVID-19 pandemic, with many company employees working remotely and outside centralised company security systems. Now even small companies need access to experts in...
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Crowdsourcing Global Collective Intelligence Through Prize Challenges to Tackle COVID-19
While governments and global pharmaceutical corporations search for an ultimate long-term solution, a life-saving vaccine, response to the COVID-19 pandemic has thrown up many near-term challenges. Prize challenges communicated...
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What is Crowdsourcing, and How Can it Add Value to Your Enterprise?
Since the 2004 publication of James Surowiecki’s highly influential book, The Wisdom of Crowds, the idea that large groups of people can be smarter than a few individuals, no matter how brilliant, has been gradually gaining...
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A Crowdsourcing Rallying Cry to Harness the Power of Crowds
History shows that crowdsourcing is not new. Today, a proliferation of open innovation platforms encourages skilled experts throughout the world to compete for cash and status by offering solutions to an array of prize...
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Open Innovation Platforms Share Human Brains and Ingenuity Like Airbnb Shares Spare Accommodation
These are the words of Christian Cotichini, co-founder and CEO of the HeroX innovation platform. There is growing recognition among organization leaders that opening up challenges to a wider audience than just in-house...
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7 Steps to a Successful Open Innovation Prize Challenge
More and more organizations are recognizing the benefits of open innovation challenges as a means to tap in to the collective wisdom of many people outside of their own employees or other regular sources. Solutions can be...
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