IT Innovation Oppty? – Harnessing Crowds: Mapping the Genome of Collective Intelligence by Thomas W. Malone, Robert Laubacher, Chrysanthos Dellarocas :: SSRN

by Thomas W. Malone, Robert Laubacher, Chrysanthos Dellarocas :: SSRN

With the opportunity for CIOs to focus on data and process (two of the three IT pillars of the future), exploring how collective intelligence can add value to their enterprise business units may seem a bit “far out there” but the fact Professor Malone is involved in this means it has definite IT impact. Applying the collective intelligence approach to process is a logical start, and at a micro-level, the internal Microsoft project scenario provided in this paper is  a pragmatic way to analyze collective intelligence, process, project and even gaming for corporate advantage.

“Abstract:

Over the past decade, the rise of the Internet has enabled the emergence of surprising new forms of collective intelligence. Examples include Google, Wikipedia, Threadless, and many others. To take advantage of the possibilities these new systems represent, it is necessary to go beyond just seeing them as a fuzzy collection of “cool” ideas. What is needed is a deeper understanding of how these systems work.

This article offers a new framework to help provide that understanding. It identifies the underlying building blocks – to use a biological metaphor, the “genes” – at the heart of collective intelligence systems. These genes are defined by the answers to two pairs of key questions:

– Who is performing the task? Why are they doing it?

– What is being accomplished? How is it being done?

The paper goes on to list the genes of collective intelligence – the possible answers to these key questions – and shows how combinations of genes comprise a “genome” that characterizes each collective intelligence system. In addition, the paper describes the conditions under which each gene is useful and the possibilities for combining and re-combining these genes to harness crowds effectively.

Using this framework, managers can systematically consider many possible combinations of genes as they seek to develop new collective intelligence systems.”

via Harnessing Crowds: Mapping the Genome of Collective Intelligence by Thomas W. Malone, Robert Laubacher, Chrysanthos Dellarocas :: SSRN.

Focused on TBM, Technology Business Management ("run IT like a business"). - 30+ years of experience, in providing IT strategy, process, application, RAMP, hardware, software, network, internet and cloud solutions to financial services, MRD and high technology companies from startup to F500. - 20+ published articles on the intersection of business and technology. - Startup advisor and mentor to a dozen startups, four of which were acquired and one of which is newly-launched (ITconnecter, a Crosswaves Ventures LLC company). - Specialties: IT Technology Business Management (TBM, aka "run IT like a business"), strategic partnerships, technology innovation, solutioning and program/project management (onshore, nearshore, offshore). Technology consulting focused on innovation, built around process, data and integration (cloud, social networking). We use I/TBM financial management best practices to help mid-size and large enterprises ensure they are meeting the needs of their business effectively and efficiently.

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