Business Quandary? Use a Competition to Crowdsource Best Answers

Crowdsourcing has become increasingly popular since the late 1990s. At its best, it offers a way to tap the "wisdom of the crowd" to solve problems faster, better, and more cheaply than they can be handled within a company.

But how, exactly, can organizations use crowd-sourcing effectively? In "Business Quandary? Use a Competition to Crowdsource Best Answers," inMIT Sloan Management Review, data and analytics editor Renee Boucher Ferguson interviewed Anthony Goldbloom of Kaggle Inc. about this .....

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