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For Vendor Strategy Professionals
(Length: 7 pages)
December 10, 2008 Sourcing Innovation From CrowdsThis is the second document in the "Sources Of Innovation" series. by Chris Townsend with Navi Radjou, Josh Bernoff, Gil Yehuda, Chris Andrews, Edward Radcliffe Executive Summary (This is a document excerpt)Crowdsourcing has become a media darling — which, rather paradoxically, represents a major threat to the very innovation vendors that market it. Why? Because trendiness breeds misinformation, confusion, and poorly reasoned use cases — making enterprises increasingly skeptical of crowdsourcing's value. The lesson for vendors: Honest-to-goodness customer education and business value supersede super-cool features and snazzy marketing tactics as winning market strategies. Rather than hyping it, vendors must help enterprises focus on four critical aspects of crowdsourcing — people, objectives, strategy, and technology, in that order. The heavy lifting of customer education is the only way to generate innovation value in each engagement and with it the word-of-mouth buzz that builds a strong brand and creates snowballing market share. Buy Risk-FreeDownload and print PDF immediately. Price: US $1749 Our Money-Back Guarantee: If you are not completely satisfied, return it for a full refund within three weeks of your online purchase. Already a Forrester Client?
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Archived Teleconference:
How Enterprises Source Innovation From Crowds
Original air date: Wednesday, December 03, 2008 Also in this series:
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