Crowdsource

Crowdsourcing is a business strategy that involves outsourcing tasks or ideas to a large, undefined group of people, typically through an online platform. The goal of crowdsourcing is to tap into the collective intelligence and creativity of a crowd to generate ideas, solve problems, or complete tasks. Examples of crowdsourcing include open innovation challenges, crowdfunding campaigns, and customer feedback surveys. By leveraging the power of the crowd, businesses can access a wider range of perspectives and ideas, accelerate innovation, and reduce costs. However, successful crowdsourcing requires careful planning, management, and engagement to ensure that the crowd is motivated and productive.

A business coach might use crowdsourcing to gather input from a diverse group of individuals for the development of a new marketing campaign or product launch. By leveraging the power of the crowd, a coach can tap into a wider range of perspectives, experiences, and insights to generate innovative and effective solutions. This can lead to increased engagement and buy-in from stakeholders, as well as improved decision-making and problem-solving capabilities.

Crowdsource DEFINITION:

1.To obtain ideas or services by soliciting contributions from a large group of people, typically through the internet. 2.Gathering input, ideas, or services from a large group of people, usually via the internet.

Crowdsource QUOTE:

1."Who needs experts when you have the internet? Let's crowdsource!" 2."Crowdsourcing: When you need a hundred ideas and only have ten coworkers."