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    #CROWDSOURCINGtweetBook01

    By Kiruba Shankar and Mitchell Levy

    140 Bite-Sized Ideas to Leverage the Wisdom o the Crowd

    E-mail: [email protected]

    20660 Stevens Creek Blvd., Suite 210Cupertino, CA 95014

    Foreword by Jeffrey Hayzlett

    Book Excerpt

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    BOOK EXCERPT Table of Contents

    Foreword by Jefrey Hayzlett

    Section I: Introduction to Crowdsourcing

    Section II: Crowdsourcing Examples

    Section V: Motivation or Crowdsourcing

    Section VIII: Criticism or CrowdsourcingAbout the Authors

    140 Bite-Sized Ideas to Leverage the Wisdom o the Crowd

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    3#CROWDSOURCINGtweet

    ContentsThis is the Table o Contents (TOC) rom the book or your

    reerence. The eBook TOC (below) difers in page count rom

    the tradebook TOC.

    Foreword by Jefrey Hayzlett 13

    Section I

    Introduction to Crowdsourcing 15

    Section II

    Crowdsourcing Examples 25

    Section III

    Corporate Use o Crowdsourcing 39

    Section IV

    Leadership Enablement 53

    Section V

    Motivation or Crowdsourcing 61

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    140 Bite-Sized Ideas to Leverage the Wisdom o the Crowd

    Section VI

    Crowdsourcing is a Community Efort 69

    Section VII

    Diversity o Opinions 77

    Section VIII

    Criticism or Crowdsourcing 87

    Section IX

    Crowdsourcing Insights 95

    Section XConclusion 107

    Appendix A

    Steps to Crowdsource a THiNKaha Book 115

    About the Authors 117

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    #CROWDSOURCINGtweet 5

    As the author o two business and marketing books,a maverick marketer and ormer CMO o a Fortune 100

    C-suite company, I know the power and influence social

    media ollowers can bring to any product, service, orcompany. Whether you crowdsource or riendsource, thepower to wrangle that collective knowledge is amazing.

    Ive rustled up some o the best eedback and inormationrom my companys ollowers to drive simple productimprovements or new products customers loved and

    bought like crazy andbest o allincreasing revenue. Itsabout listening and responding in a relevant and timelyway. Youve then moved a step closer to the holy grail o

    marketing: the one-to-one relationship.

    Authors Shankar and Levy share a vision o crowdsourcingworth examining and exploring. #CROWDSOURCING tweet

    Book01 demonstrates the benefits o collecting knowledge inbite-sized ormats on key topics in a relatively quick ashion.

    Well-edited, this content provides a robust, consolidatedview o the topic at hand. The crowdsourced content within

    the THiNKaha series may truly become the Clif Noteso crowdsourcing and marketing or anyone in business.

    Not only do I recommend reading this book, I encourageeveryone to consider their own business experiences to

    create their own book in this series.

    ~ Jefrey HayzlettGlobal Business Celebrity, Bestselling Author,

    and Sometime Cowboy

    Foreword byJeffrey Hayzlett

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    Section I: Introduction to Crowdsourcing

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    #CROWDSOURCINGtweet 7

    Introduction to Crowdsourcing

    Section I

    This section handholds you through

    the concept o crowdsourcing.

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    Section I: Introduction to Crowdsourcing

    1

    2

    Crowdsourcing is the process o

    gathering interesting people andtapping their knowledge and spare

    time to create something o value.

    Crowdsourcing is cultivating and

    establishing relationships with the

    people who want to be involved and

    contribute meaningully.

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    3

    4

    The collective knowledge o theaudience is always higher than that o

    any one individual (even the expert).

    Crowdsourcing is an efective way to

    connect the haves and the

    have nots.

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    Section I: Introduction to Crowdsourcing

    5

    6

    Crowdsourcing is when one persongets the ball rolling and others join in

    to keep it going.

    Crowdsourcing means combining the

    labor and creativity o the web to ofer

    cost-efective and better service

    to clients.

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    #CROWDSOURCINGtweet 11

    7

    8

    Crowdsourcing is a neologistic

    compound o crowdand outsourcing.

    The crowdsourcing idea is that a large

    group o people can find the solution

    to a problem more accurately than a

    small group o people can.

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    Section II: Crowdsourcing Examples

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    #CROWDSOURCINGtweet 13

    Crowdsourcing Examples

    Section II

    The best way to understand the

    concept o crowdsourcing is to look at

    examples where it has been applied.

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    Section II: Crowdsourcing Examples

    16

    Micro-finance is a greatexample o crowdsourcing,

    by which many people loan

    small amounts o money to

    seed und a deserving idea.

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    #CROWDSOURCINGtweet 15

    17

    Twitter is an amazing crowdsourcing

    tool available to everyone or free!

    18I Linus Torvalds had decided to

    create Linux on his own, he would have

    ailed miserably. Ater all, he wrote

    only two percent o the code!

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    Section II: Crowdsourcing Examples

    19Crowdsourcing works best when

    there is a bigger cause as the goal.

    Wikipedia is a perect example.

    Apple earned a cool $1 billion rom its

    App store. How?By letting developers

    build most o the 140,000 apps and

    sharing the profits.

    20

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    21Like tiny ants building a mammoth

    anthill, crowdsourcing churnsthe intelligence o a group into a

    knowledge powerhouse.

    22Microsot Encarta, the early digital

    encyclopedia, olded because it

    never truly embraced the power o

    contributions rom people.

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    Section V: Leadership Enablement

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    #CROWDSOURCINGtweet 19

    Motivation or Crowdsourcing

    Section V

    Why should someone look into

    crowdsourcing? Here are some

    reasons to motivate you to take it up.

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    Section V: Motivation or Crowdsourcing

    64

    65

    I you are spearheading acrowdsourcing project, always put

    we beore I.

    Most crowdsourced projects take time

    to build momentum. Its important to

    have a leader who will march orward

    with the project vision.

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    #CROWDSOURCINGtweet 21

    66Crowdsourcing automatically

    breeds meritocracythe bigger your

    contribution, the higher your authority!

    The best person to do a job is the one

    who most wants to do that job.

    67

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    Section VIII: Criticism or Crowdsourcing

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    #CROWDSOURCINGtweet 23

    Criticism or Crowdsourcing

    Section VIII

    Not everything about crowdsourcing

    is hunky dory. This section looks at

    challenging the concept to reveal that

    crowdsourcing doesnt necessarily

    work in all situations.

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    Section VIII: Criticism or Crowdsourcing

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    Lets not get carried away bycrowdsourcing. Dont turn it

    into an excuse or slacking

    of and expecting others to

    do your work.

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    #CROWDSOURCINGtweet 25

    101

    102

    Crowdsourcing is psychologically

    backwards. When responsibility isdistributed, individual responsibility

    goes down and people dont act.

    I you agree with everything I say,

    I have ailed. Thats the reason any

    crowdsourced project should invite

    constructive criticism.

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    Section VIII: Criticism or Crowdsourcing

    103

    104

    Crowdsourcing is cool, but or

    immediate answers that actuallymake sense, my wie alwaysbeats

    the Twittersphere.

    Crowds tend to conorm to peer

    pressure rather than doing the right

    thing. Under Gandhi, this was or

    good. Under Hitler, this was or evil.

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    27#CROWDSOURCINGtweet

    Kiruba Shankar is CEO o Business Blogging and Director o F5ive

    Technologies. He is also an agriculturist at Vaksana Farms and a publisher

    at Verdure Books. Prior to that, he was Associate Director at Sulekha.com.

    He has 16 years o experience in the Internet space.

    Kiruba is one o the ounders o The Knowledge Foundation, the group

    behind successul events like BlogCamp and Proto.in, a premiere event

    showcasing startups. He was on the advisory board o RangDe, a peer-to-

    peer micro-lending initiative rom the ICICI Foundation. He loves teaching

    and has taught at IIM Kozhikode, IIM Bangalore, IIT Madras, and AsianCollege o Journalism. He has authored technology columns in the New

    Indian Express, Financial Express, and Business Standard Newspaper, as

    well as the books, Wikipedia: A Beginners Guide and Copy Right and Left,

    a book on Creative Commons. Kirubas next book is on couchsurfing.

    As Ambassador or the TEDx program or India, Kiruba has helped guide

    many TEDx events in India and has co-organized TEDxChennai. He is

    a curator o http://Cerebrate.in , an international event or achievers.

    A proessional podcaster, Kiruba hosts Kiruba.TV, where he interviews

    achievers rom diverse fields. Businessworld Magazine ranked his blog,

    Kiruba.com (http://www.Kiruba.com), as one o Indias top blogs.

    Kiruba is a rowing champion and has captained the Siy Rowing Team toour consecutive M&B championship titles, a record in the 144 year history

    o Madras Boat Club.

    Kiruba can be reached at +91-9841597744 and [email protected].

    About the Authors

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    .

    Mitchell Levy is the author o 12 business books and the CEO o the

    independent publishing house, Happy About. Ater earning his MBA rom

    the College o William and Mary, he spent 13 years working or corporations

    in IT, Finance and Operations. He then spent 11 years as an entrepreneur

    creating 13 companies and strategic partnerships, including Happy About in

    2005. Wanting to deliver the types o services he was looking or as a service

    provider, he created Happy About to make book publishing approachable.

    Mitchell is also partner o the physical networking firm, CXOnetworking,and sits on the board o directors o Rainmaker Systems (NASDAQ: RMKR).

    Previously, he created our executive education programs at two diferent

    Silicon Valley Universities, was the conerence chair or our Comdex

    conerences ocusing on business executives at medium-to-large sized

    enterprises, has contributed to and written over 100 articles and given over

    250 speeches on e-commerce and business, and has prognosticated and

    published an annual top 10 business trends since 1998.

    He is oten called upon or his strategic expertise and big picture thinking as

    well as his extensive business network, particularly in Silicon Valley.

    Mitchell can be reached at 408-257-3000 and [email protected].

    140 Bite-Sized Ideas to Leverage the Wisdom o the Crowd

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    Getting #CROWDSOURCING tweet Book01

    (http://www.happyabout.com/thinkaha/crowdsourcingtweet01.php)

    #CROWDSOURCING tweet Book01 can be purchased as an eBook or

    $14.95 or tradebook or $19.95 at

    http://www.happyabout.com/thinkaha/crowdsourcingtweet01.php

    or at other online and physical book stores.

    Please contact us or quantity discounts [email protected] or to be

    inormed about upcoming titles

    [email protected] or phone (408-257-3000).

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