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The wisdom of crowds of crowds

Posted to Gurteen Knowledge-Log by David Gurteen on 27 December 2019

 



Title

The wisdom of crowds of crowds
WeblogGurteen Knowledge Log
Knowledge LetterAppears in the Gurteen Knowledge Letter issue: 234
Posted DateFriday 27 December 2019 12:47 GMT
Posted ByDavid Gurteen

You may have heard of the concept of "wisdom of crowds" in which individuals in a crowd are privately asked to give an answer to a question, such as how many jelly beans are in a jar. Then when the answers are averaged together, the response provided by the crowd is generally better than for any given individual.

This method can be improved by dividing the crowd into smaller groups and asking the small groups to discuss the question and come to a consensus. The result when averaged produces a more accurate figure than the average produced by the large crowd.

You can learn more about the method here



If you are interested in Knowledge Management, the Knowledge Café or the role of conversation in organizational life then you my be interested in this online book I am writing on Conversational Leadership
David Gurteen


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04:38 PM GMT