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New framework for smarter crowdsourcing

Originally posted on The Horizons Tracker. Crowdsourcing has been one of the most popular forms of open innovation ever since James Surowiecki popularized the notion in his bestseller The Wisdom of Crowds in 2004.  The ability to tap into a global talent pool, and only pay for results, has proven enticing for many, and data suggests that it’s the most common form of open innovation today, with platforms such as Innocentive growing...

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The high failure rate of behavioral nudges

Originally posted on The Horizons Tracker. This article is part of a series critiquing nudge theory. The last few years have seen behavioural economics become hugely fashionable, with the famed “nudge unit” in the UK government delivering a wide range of successful behavioural interventions to help us act in the right way.  It creates the impression of an almost failsafe method of delivering change, but new research1 from Queen...

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Would we do better choosing leaders at random?

Originally posted on The Horizons Tracker. Last year Tomas Chamorro-Premuzic published his provocative title highlighting the general inadequacies of our leadership selection processes.  His general missive was that our recruitment systems are geared towards promoting incompetent men to leadership roles.  It’s a theory supported by new research1 from the University of Zurich, which suggests that we might as well pick leaders...