Crowd Sourcing: Gathering Community with Open Call?

Crowd Sourcing – Open Call & Undefined

Welcome to the New Normal!

http://www.youtube.com/watch?v=F0-UtNg3ots

What Technology do you think will help you thrive in 2010?

Throughout human history crowds were dependent on being together in physical space.  Not any more, communities can form out of share interest, craft, art.

Fundamental New Development:

Outsource to large group using an open call for undefined people using the internet.  Likely outcome: the person you think is right for the job isn’t always the best person.

Changes dramatically how to use the emerging business of using the wisdom of the crowds to tap into customer participation and loyalty.

Governance:

♦ Reputation  risk  strategy

Questions to Consider:

Does your business have people coming together in the context of the community?

• Investors
• Executives and team members
• Eco-system for industry
• Professional Associations & Events

Does your strategy evaluate the  power of web 2.0. used to business advantage?

Does emerging trends ever get to your executive sessions as briefing on strategy, reward and risk.

I’m hoping this becomes a more robust and engaging conversation by independent directors in their board duties.

Watch for new venture, Risk for Good in 2010.  Stay tuned.

Happy Holidays to all my crowd sourced friendships.  Thanks to Facebook, Twitter and Linked in for moving into my communities of care.  Glad you are all here with me.

Best,

Fay