Oracles : how prediction markets turn employees into visionaries / Donald N Thompson
Material type:
TextPublication details: Boston : Harvard Business Review Press, 2012Description: vi, 261p. 24cmISBN: - 9781422183175
- 658.40355 THO
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| 658.40353 T14 Game theory and business applications | 658.40355 Do lunch or be lunch: the power of predictability in creating your future | 658.40355 Seeing what's next | 658.40355 Oracles : | 658.4036 When Sparks Fly: | 658.4036 Wiser: Getting Beyond Groupthink to Make Groups Smarter | 658.4036 The five dysfunctions of a team : a leadership fable |
A handful of innovative organizations-GE, Google, Motorola, Microsoft, Eli Lily, even the CIA-has successfully tapped employee insights to change how business gets done.In Oracles, Don Thompson explains how these and other firms use prediction markets to make better decisions, describing what could be the origins of a social revolution. Thompson shows how prediction markets can:draw on the hidden knowledge of every employee,tap the 'intellectual bandwidth' of retired employees, replace surveys and substitute for endless meetings.By showing successes and failures of real organizations, and identifying the common roadblocks they've overcome, Oracles offers a guide to begin testing expertise against the collective wisdom of employees and the market-all to the benefit of their bottom line.
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