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PERF RMANCE 04 - The Performance Portal - Ernst & Young

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“ Whereas a coolhunter observes<br />

communities, a coolfarmer becomes<br />

personally engaged in the process<br />

of creating cool trends — not taking<br />

control of a new idea to make it<br />

succeed, but working in swarm<br />

creativity to bring a shared vision<br />

to reality.”<br />

We find the creativity unleashed by groups<br />

of humans swarming together to be<br />

particularly compelling. So often, humans<br />

traveling together in the same creative,<br />

innovative direction produce the trends<br />

that are most interesting and exciting.<br />

Tapping into the collective mind can offer<br />

tremendous benefits. Within a business<br />

organization, unleashing collaborative<br />

innovation can be key to increasing<br />

performance, efficiency and overall<br />

creativity. With the tremendous expansion<br />

of online communication, the ability of<br />

humans to engage in swarm creativity has<br />

grown exponentially. Creative swarms can<br />

form instantaneously and collaborate on<br />

innovative tasks from almost anywhere on<br />

the planet, crossing all organizational lines.<br />

In every large organization as well, we find<br />

groups of creative individuals swarming<br />

together to explore ideas about which they<br />

care deeply, irrespective of any direct or<br />

immediate connection to the bottom line.<br />

Our approach is based on the concept<br />

of the Collaborative Innovation Network<br />

or COIN, small groups of intrinsically<br />

motivated people who collaborate, mostly<br />

over the web and in online social networks,<br />

to create something radically new. <strong>The</strong>y<br />

recruit their friends and family as a<br />

“Collaborative Learning Network“ — the<br />

group of early adapters who try out and<br />

further develop the early prototypes — to<br />

help them refine and polish their products,<br />

deciding on what will be “cool” for the<br />

swarm of loyal customers. This expanded<br />

group of early users and beta-testers<br />

then reaches out to the wider group of<br />

thousands of people in the Collaborative<br />

Interest Network who help them get their<br />

new product over the tipping point to be<br />

widely accepted by the marketplace.<br />

Based on the concept of COINs, we have<br />

developed the idea of coolfarming — getting<br />

involved in the actual creation of new<br />

trends by nurturing and cultivating new<br />

ideas. Whereas a coolhunter observes<br />

communities, networks and even broader<br />

society, a coolfarmer becomes personally<br />

engaged in the process of creating cool<br />

trends — not taking control of a new idea<br />

to make it succeed, but working in swarm<br />

creativity to bring a shared vision to reality.<br />

Coolfarming is based on four principles.<br />

<strong>The</strong>y are a logical consequence of using<br />

coolhunting (Gloor & Cooper 2007) to<br />

discover new trends and trendsetters.<br />

<strong>The</strong> first is to gain power by giving it away.<br />

It is the most important principle. Give<br />

everyone involved in a COIN, no matter<br />

what their level of involvement, the<br />

feeling that they have come up with the<br />

new ideas, so that all members feel a<br />

strong sense of ownership.

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