Business Practices that Change the World

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Archive for the ‘Innovation’ Category

The Wisdom of the crowds

wisdom of the crowds

Introduction

In 1841, the Scottish journalist Charles Mackay published an essay entitled “Extraordinary popular delusions and the madness of crowds”. It is in fact a popular belief that people usually get dumb when they gather into crowds. James Surowiecki’s book discusses several situations where this is absolutely wrong, and collective perception, behaviour, or problem-solving can in fact outperform any given individual. He further stresses that, for such a “wisdom of crowds” to happen, certain conditions must be met. (more…)

Mind Mapping

Mind Maps

mind mappping

Mind Mapping is an important technique that improves the way you take notes, and supports and enhances your creative problem solving. By using Mind Maps, you can quickly identify and understand the structure of a subject and the way that pieces of information fit together, as well as recording the raw facts contained in normal notes. More than this, Mind Maps provide a structure which encourages creative problem solving, and they hold information in a format that your mind will find easy to remember and quick to review.

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What is web 3.0 ?

An answer by Eric Scmidt, CEO of Google:

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  • Filed under: Innovation, web 2.0
  • Videos worth watching about the Web 2.0

    A great speech about the Web 2.0 by Lawrence Lessig. My favorite !

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  • Filed under: Innovation, web 2.0
  • Inspirational Quotes from Business Leaders

    Inspirational quotes for entrepreneurs from the CenterNetwork’s guide. Selected by Simpleentrepreneur.com :

    The highs are higher, the lows are lower. The key to success is to maintain balance and a level head through both.

    — Alex Bard from goowy

    Be ready to accept failure (9 out of 10 start ups fail).

    — Alex Bard from goowy

    Be ready to sacrifice: Building a product and company is a lot of hard work. The hardest part is not coming up with an idea or building the product, it’s staying committed enough to do it when you’re tired, or when the first major investor says no, or when you have to sacrifice a night out. If you can’t give up some of the things that you really care about right now, you will have a hard time sticking with your idea. (more…)

    pics

    PicLens transforms Firefox into a full-screen, 3D experience for viewing images in full-size. The developers promise that “photos will come to life via a cinematic presentation that goes well beyond the confines of the traditional browser window”. Impressive.

    Source: Smashing Magazine 

    When future is nearer than you think

    minority report 1

    You think Minority Report is just a movie? And not inspired by real life technologies? Guess what. The future is already at our doors. Bill Gates might be right. The technology in the next decade will evolve faster than the one in the last 20 years.

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  • Filed under: Innovation