Wikinomics: How Mass Collaboration Changes Everything

From the authors:

Smart companies are encouraging, rather than fighting, the heaving growth of massive online communities—many of which emerged from the fringes of the Web to attract tens of millions of participants overnight. Even ardent competitors are collaborating on path-breaking science initiatives that accelerate discovery in their industries. Indeed, as a growing number of firms see the benefits of mass collaboration, this new way of organizing will eventually displace the traditional corporate structures as the economy’s primary engine of wealth creation.

Billions of connected individuals can now actively participate in innovation, wealth creation, and social development in ways we once only dreamed of. And when these masses of people collaborate they can collectively advance the arts, culture, science, education, government, and the economy in surprising but ultimately profitable ways. Companies that engage with these exploding Web-enabled communities are already discovering the true dividends of collective capability and genius.

Best Posts from Wikinomics blog

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I need someone to explain to me why URL shorteners are so important - I did a presentation on Twitter last week where I opened with a simple question if you were a venture capital investor in early 2006, and the creators of Twitter came up to you and asked for start-up funding, would you have provided it? Most people said definitely not and I was amongst [...]

12 Critical Success Factors for Business Platforms - In 2004, Walt DuLaney and I conducted a longitudinal examination of business growth and cumulative revenue performance. Among the success factors, we found that companies with powerful business platforms outperformed peers in cumulative revenue growth over a 15 year period. Our conclusion: business platforms can be a means for organizational renewal, continuous innovation, and [...]

Employee computer for collaboration, innovation, and productivity - I've got a better computing environment at home than at work, an executive at a Fortune 500 company told me, adding that he does most of his creative work at home because his company-issued Adobe Suite was several generations behind the version he bought for his personal use. An HR executive at a major manufacturer confided [...]

The Dark Side of Political Discourse on the Internet - This article by Anand Giridharadas in The New York Times Week in Review section is the first I've seen (there must be others elsewhere) that broaches a topic that has been on my mind for a while. I guess you could call it the dark side of the Internet. Giridharadas wonders: Are we, as citizens, [...]

Intelligently Filtering Journalists’ (Crowd)Sources - (Editor's Note: Dr. Mark Drapeau is an adjunct faculty member in the School of Media and Public Affairs of The George Washington University in Washington, DC. He is also a corporate and government advisor, and a contributing writer for Federal Computer Week, Washington Life, and other publications.) Readily available transparent communications are changing how people form [...]

Starting the Comparison of NBA teams on Twitter - A couple of weeks ago I explained why how the NBA the league, the teams, the players uses Twitter would be a fascinating and fun research topic. With the help of my colleague Yuan Ding, we've been slowly building the data set for this research, with an early focus placed on comparisons between [...]

The digital identity divide - If you haven’t conducted this experiment yet, visit the MIT Personas project and type your name into the search field. What comes out is a visual representation of your digital self. As noted on the project page, “Personas shows you how the Internet sees you.” Over the past year, we’ve been researching extensively the topic [...]

Unbundling the 20th Century Mindset - Having spent the past three years of my life in the Enterprise 2.0 / Collaborative software market, I remain struck by the industry's continued lack of ability to define a compelling reason for enterprises to adopt new software applications, such as blogs, wikis, microblogs, etc. In the early days of the Enterprise 2.0 movement, much [...]

Jon Stewart’s trustworthiness no surprise - In the wake of Walter Cronkite's death, time.com asked readers to vote for today's most trusted newscaster. The decisive winner, with 44 percent of the vote, was Jon Stewart, host of Comedy Central's pull-no-punches The Daily Show. This was well ahead of the 29 per cent for NBC anchor Brian Williams, 19 per cent [...]

The Importance of Creating a Collaborative Enterprise - Today, the core challenge – and primary opportunity for value creation – is the utilization of complex knowledge formed through the contributions of many individuals and discrete events. This requires creating a collaborative enterprise – an organization that is adept at bringing ideas and information together in new and useful ways. The Twentieth Century business challenge [...]

Selection of product reviews on blogs

R eflections of a Literary Journey

What was the difference? The losers launched Web sites. The winners launched vibrant communities. The losers built walled gardens. The winners built public squares. The losers innovated internally. The winners innovated with their losers. The losers jealously guarded their data and software interfaces. The winners shared them with everyone.

Continuous Learning & Development

The problem from an organizational and knowledge-management point of view, however, lies in the inability of firms to capture and codify those moments of inspired brilliance – the moments when someone does something spontaneous that could be the key to unlocking a whole new approach to getting things done. Mayfield suggests the self-organizing group formation process should occur in social software. “Those are the moments where the greatest amount of learning occurs”, he says.

The Eponymous Pickle

… The wikified organization is a proposal for the ultimate in ‘flattening’ of an organization that was pushed, in most business schools, so heavily during the 90’s.

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Wikinomics: How Mass Collaboration Changes Everything

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Best Posts from Wikinomics blog

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