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Google, widely
considered one of the most successful companies of the modern
era, employs the concept of collective wisdom in virtually all
its activities. For instance, the power of its page-rank system
is based on the collective intelligence of all the website
creators and administrators in the world. Google's remarkable
search results are driven by algorithms that rank websites based
on the importance given them by other websites.
Although there may be limited information in the mass media on
this, insiders have frequently commented on fact that Google
values the concept and power of collective wisdom so much so,
that it uses an internal "ranking" system to consider, evaluate,
and reach decisions on product launches, business direction, and
other critical decisions.
The reason companies such as Google and many others are
succeeding using this powerful methodology, is largely due to
the collective wisdom having unmatched forecasting power. This
is relevant to product development, defining strategic
direction, operational planning, etc. This ability of a diverse
group to predict more accurately than any individual on their
own, is emerging as a powerful tool in the hands of economists
and statisticians, and other areas where the ability to
more-correctly predict is considered integral to success.
Surje & Company employs the power of collective wisdom as
one of the foundations of the Surje Integrative ProcessTM.
The process harnesses the intelligence contained within groups,
both within our case teams and within our clients'
organizations, to create superior results.
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To learn more about the Surje Integrative ProcessTM,
please click here
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