<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-5881253920664688810</id><updated>2024-08-29T11:00:34.903+05:30</updated><category term="indian media"/><title type='text'>Raghav - The journey within.....</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://raghvendravaidya.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default?redirect=false'/><link rel='alternate' type='text/html' href='http://raghvendravaidya.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>Raghav - The journey within</name><uri>http://www.blogger.com/profile/00479317677917541242</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgshr9pfJxrc32EL2GWNrp0AJ_P9SDh1PN5bvAw2acvFWW7L40pn26eAagTaxvQNp0S-2q4wnJ7uCQPFUG1ydUmkAQZ7eNHwwLaNGLJsCgla6dAG48XGS2eIxtJyJNkfVo/s150/DSCN5426.JPG'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>3</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-5881253920664688810.post-3343847563408266066</id><published>2015-07-05T09:45:00.001+05:30</published><updated>2015-07-05T09:47:09.437+05:30</updated><title type='text'>6E&#39;s for a Business Analyst</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
&lt;div style=&quot;background-color: white; border: 0px; box-sizing: border-box; color: #4d4f51; font-family: Helvetica, Arial, sans-serif; font-size: 16px; font-stretch: inherit; line-height: 24px; margin-bottom: 30px; padding: 0px; vertical-align: baseline;&quot;&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
A requirement, at the very basic level, is a change. &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
BA is the person who drives the requirement from a
conceptual stage to material form. BA always requires wearing many hats at the
same time, being a functional expert (client’s person) in project team and an
application expert for clients.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
BA being a person to elicit, analyze and document the
requirements often plays a very critical role in the project execution.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
&lt;b&gt;&lt;i&gt;Embracing change&lt;/i&gt;&lt;/b&gt; - BA should be the person who will visualize
the changes first, then convert these changes in tangible form and help
business and other stakeholders to understand and bring change to reality. Thus,
he/she enables stakeholders to embrace the change.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
&lt;b&gt;&lt;i&gt;Engaging stakeholder: &lt;/i&gt;&lt;/b&gt;This is critical focus area. There should
be warm and cordial relationship between different BA and stakeholders. This
will be very helpful in avoid any communication gap and lack of understanding.
Also, this will ensure that all the critical information flows smoothly from
stakeholders to BA and implementation team. BA should ensure to make them part
of implementation as much as possible. Frequent demos and prototypes will help
stakeholders to understand system better and propose changes, if any, at early
stage itself.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
&lt;b&gt;&lt;i&gt;Efficient and Complete Communication&lt;/i&gt;&lt;/b&gt; – It is utmost important
that all stakeholders are on the same page and have access to
information/documents available. This will help to avoid misunderstandings if
any and to mitigate risks on time.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
&lt;b&gt;&lt;i&gt;Enhanced Artifacts:&lt;/i&gt;&lt;/b&gt; BA should not consider BRD, FSD are just
for documenting requirements. The success of project will depend on these
documents. Hence, these documents should be such that they provide meaningful
insight about the application to clients. A detailed BRD serves many purposes. Users
can refer to steps mentioned in BRD for usage of application. Users can refer
to different technical/functional constraints mentioned while using
application.&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
Also, the same BRD can be used by development team to
develop application and by testing team to test application.&amp;nbsp;&amp;nbsp; Because of lot of details BRD can become
verbose and hence, boring. So, BA should focus on making BRD more interactive
and scenario driven. &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
&lt;b&gt;&lt;i&gt;Early Risk identification and elimination&lt;/i&gt;&lt;/b&gt; - The sooner the
risks or potential failure areas are identified; the less will be impact on
project health. BA should focus on exceptional scenarios, alternate scenarios
and the scenario&#39;s which could possibly fail. &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
&lt;b&gt;&lt;i&gt;Empowerment to team members&lt;/i&gt;&lt;/b&gt; - BA/PM should make promote their
contribution and welcome their suggestions. Make developers/testers feel part
of project. Often they are the people who point out technical
challenges/limitations in advance. Also, they can highlight the conflict and
impact of different changes. Also, it would be good if they are part of
clarification sessions.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;br /&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;
Change is inevitable and at times more complex than
imagined, a BA can help you to get safely.&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt;
&lt;/div&gt;
&lt;/div&gt;
</content><link rel='replies' type='application/atom+xml' href='http://raghvendravaidya.blogspot.com/feeds/3343847563408266066/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/5881253920664688810/3343847563408266066?isPopup=true' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default/3343847563408266066'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default/3343847563408266066'/><link rel='alternate' type='text/html' href='http://raghvendravaidya.blogspot.com/2015/07/6es-for-business-analyst.html' title='6E&#39;s for a Business Analyst'/><author><name>Raghav - The journey within</name><uri>http://www.blogger.com/profile/00479317677917541242</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgshr9pfJxrc32EL2GWNrp0AJ_P9SDh1PN5bvAw2acvFWW7L40pn26eAagTaxvQNp0S-2q4wnJ7uCQPFUG1ydUmkAQZ7eNHwwLaNGLJsCgla6dAG48XGS2eIxtJyJNkfVo/s150/DSCN5426.JPG'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5881253920664688810.post-1126770511021183939</id><published>2011-05-29T22:48:00.002+05:30</published><updated>2011-05-29T23:09:56.965+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="indian media"/><title type='text'>Indian Media: How fair and transparent?</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span style=&quot;color: #403152; font-size: 20pt;&quot;&gt;Indian Media: How fair and transparent?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The role of media in any democracy is very critical since it highly influences the opinion of public. Most of the times, people blindly follow whatever is reported in media assuming it is true or factual.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Therefore, the media whether it is print media or digital media is naturally expected to report the news unbiased and without any personal prejudices and interest.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;But, some recent revelations in 2G scam and use of ‘paid news’ during the election times has turned the focus on the way of functioning of the media. The role of media has been questioned in several occasions like the coverage of 26/11 attack on Mumbai. The scrutinizers are themselves being&amp;nbsp;scrutinized&amp;nbsp;for the political affiliations and source of money and advertisement.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4TQshFVrVBvricBU_4-aV_Dtjkh1TtXSd-jXf9U3eCglfxy0L2k1xh18d2Lp04WfCRtam6uhPDJldtfVmguNcyHAs4L0qdcgkTDTrousJUXTDp2A3qPuZk3-ZlJXTxAhINtxQXf2UjuM/s1600/media1.jpeg&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4TQshFVrVBvricBU_4-aV_Dtjkh1TtXSd-jXf9U3eCglfxy0L2k1xh18d2Lp04WfCRtam6uhPDJldtfVmguNcyHAs4L0qdcgkTDTrousJUXTDp2A3qPuZk3-ZlJXTxAhINtxQXf2UjuM/s1600/media1.jpeg&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Following are the some of the corrupt practices being followed in Indian media which puts a big question mark over the integrity and credibility of Indian media.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span style=&quot;color: #984806; font-size: 14pt;&quot;&gt;Paid News&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;“Paid News is an industry that is run by the owners of the media. Media and journalists are different. Media is business, journalism is not” &lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;P.Sainath, the Magsaysay Award winner for journalism, had once said in a function in Mumbai.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The difference between news and advertisement has sharply decreased over the years and the separation between news and views has disappeared. Some creative advertisers design the copy of advertisement in the shape of a news item to promote their product. It merges with the contents of news page confusing readers as to distinguish the news from the advertisement.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Three news papers from Maharashtra had published one news item Ashok Chavan, then Chief Minister of Maharashtra during the election time. The item was attributed to the newspaper’s &quot;Special Correspondent,&quot; making it clear this was a news story. The story showered praise on the Chief Minister of Maharashtra for having achieved so much for so many in so few months.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The very same story appeared word for word under different headlines in these three regional papers on different days just before people of Maharashtra went to vote for assembly elections.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span style=&quot;color: #984806; font-size: 14pt;&quot;&gt;Politicization of media&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Many regional media channels are either started by the political parties or they are affiliated with one of the political party from the state. They report the events took place from the angle which will benefit one particular party they are associated with.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;In Maharashtra, ‘&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;Saamana&lt;/i&gt;’ newspaper is mouthpiece of ShivSena whereas other newspapers such as ‘&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;Lokmat&lt;/i&gt;’ and ‘&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;Sakal&lt;/i&gt;’ are known for their association with Congress and Nationalist Congress Party respectively.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;In Andhra Pradesh, the largest circulated Telugu Daily ‘&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;Eenadu&lt;/i&gt;’, with two TV channels in Telugu, supports Telugu Desham Party and opposes Congress. The ‘&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;Saakshi&lt;/i&gt;’ Newspaper and TV Channel, is recently started by Y S Jaganmohan Reddy which supported Congress during election time.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Thus, the influencing media in Andhra Pradesh has been vertically divided to sub-serve the interest of two major political parties, making it difficult or impossible to know the real ‘news’ in its neutral sense.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The news channels at the national level have the tendency of reporting in favour of the ruling party at the centre. &lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhP7kZmj1VoxVQnm8viabbsSUSJ9DZefgdWPU_Cno8I5BhSNW4Ehut1bwtJROpUqnl-P-8n_pCZkCRevoXCerOfoK_BCPAQW6Tv29knPAoNnqEq97RPJCxOJhr47Sjmz7MfkQBmqOgvDw4/s1600/media2.jpeg&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhP7kZmj1VoxVQnm8viabbsSUSJ9DZefgdWPU_Cno8I5BhSNW4Ehut1bwtJROpUqnl-P-8n_pCZkCRevoXCerOfoK_BCPAQW6Tv29knPAoNnqEq97RPJCxOJhr47Sjmz7MfkQBmqOgvDw4/s1600/media2.jpeg&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;span style=&quot;color: #984806; font-size: 14pt;&quot;&gt;Election time packages&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;In 2004 elections in AP, the reporters and advertisement executives from various media houses collected huge amounts of money to write favourable stories. &lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Earlier, it was limited to a couple of newspapers in a few districts. By 2009, this corruption was institutionalized, newspapers fixed targets for each district bureau, collected huge amounts of money. &lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Each and every political party candidate was forced to enter into some package deal with the tabloid newspapers as the continuous campaign of winning stories of their rival candidates created a psychological edge and left a worrying factor in their cadre.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;In selling absolute falsity or ascertaining the victory of a candidate as daily news in package deal, there is a concerted effort to unduly influence the voters in almost all constituencies. The newspapers had offered different packages such as&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;1.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Regularly writing favourably on front page,&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;2.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Writing favourably in regular succession on front page with colour photo,&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;3.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Writing regularly with colour photos all through the campaign session, i.e., from date of nomination to date of polling with interviews, news analysis, campaign trails etc.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;4.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; A package to write favourably and also to do negative campaign against his rival candidates.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;5.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; An informative interview of the candidate with photos on condition that they should purchase 25,000 copies of the newspapers besides some consideration.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The coverage package for a price was meant to include dedicated news space of the election campaign with pictures and other material of the party’s choice.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;This practice by the media is a travesty of democracy. It is a wholesale fraud on the concept of media coverage of elections and it vitiates the very process of free and fair elections.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The views of every party and every candidate contesting in the elections should be heard and reflected in news. But, this practice where parties or candidates are asked to buy coverage packages is primarily meant to generate revenue for the media organizations.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;The media being fourth pillar of democracy assumes the greater and important role to play in the success of democracy. The media should function as a watchdog over the other three pillars of democracy which are Legislature, Executive and Judiciary.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;A fair and transparent would definitely be a checkpoint for corrupt practices and inefficiencies in the governance of the country.&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;Here, in this country, media itself is facing a credibility crisis. How can the work done by media be credible? Who is responsible for this condition, the arrogant and power hungry politicians or the self-obsessed and ignorant public of this country?&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://raghvendravaidya.blogspot.com/feeds/1126770511021183939/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/5881253920664688810/1126770511021183939?isPopup=true' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default/1126770511021183939'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default/1126770511021183939'/><link rel='alternate' type='text/html' href='http://raghvendravaidya.blogspot.com/2011/05/indian-media-how-fair-and-transparent.html' title='Indian Media: How fair and transparent?'/><author><name>Raghav - The journey within</name><uri>http://www.blogger.com/profile/00479317677917541242</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgshr9pfJxrc32EL2GWNrp0AJ_P9SDh1PN5bvAw2acvFWW7L40pn26eAagTaxvQNp0S-2q4wnJ7uCQPFUG1ydUmkAQZ7eNHwwLaNGLJsCgla6dAG48XGS2eIxtJyJNkfVo/s150/DSCN5426.JPG'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4TQshFVrVBvricBU_4-aV_Dtjkh1TtXSd-jXf9U3eCglfxy0L2k1xh18d2Lp04WfCRtam6uhPDJldtfVmguNcyHAs4L0qdcgkTDTrousJUXTDp2A3qPuZk3-ZlJXTxAhINtxQXf2UjuM/s72-c/media1.jpeg" height="72" width="72"/><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5881253920664688810.post-1016926411540269187</id><published>2011-05-16T19:20:00.003+05:30</published><updated>2011-05-16T19:26:03.068+05:30</updated><title type='text'>Crowd Sourcing</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Introduction&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Colgate-palmolive&lt;/span&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;, a giant packaged goods company needed a way to inject fluoride powder into a toothpaste tube without it dispersing into the surrounding air. &lt;span class=&quot;apple-style-span&quot;&gt;Melcarek (a registered user at InnoCentive.com) solved a problem that stumped the in-house researchers at Colgate-Palmolive.&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Melcarek earned $25,000 for his efforts. Paying Colgate-Palmolive’s R&amp;amp;D staff to produce the same solution could have cost several times that amount– if they even solved it at all. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;This was one of the examples which demonstrate power of Crowdsourcing, a term f&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;irst coined by Jeff Howe in a June 2006&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;“&lt;/span&gt;&lt;/span&gt;&lt;a href=&quot;http://en.wikipedia.org/wiki/Wired_(magazine)&quot; title=&quot;Wired (magazine)&quot;&gt;&lt;i&gt;&lt;span style=&quot;color: windowtext; font-size: 10pt; text-decoration: none;&quot;&gt;&lt;b&gt;Wired&lt;/b&gt;&lt;/span&gt;&lt;/i&gt;&lt;/a&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;“magazine&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; article &quot;The Rise of Crowdsourcing”.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;What is meant by Crowdsourcing?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l5 level1 lfo1; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdsourcing means crowd-out sourcing.&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; It can be described as “the act of a company or institution taking a function once performed by employees and outsourcing it to an undefined (and generally large) network of people in the form of an open call.”&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;br style=&quot;mso-special-character: line-break;&quot; /&gt; &lt;br style=&quot;mso-special-character: line-break;&quot; /&gt; &lt;span class=&quot;apple-style-span&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l5 level1 lfo1; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;That means crowd sourcing is a procedure to use the power of crowd. So it is very powerful because always two heads are better than a single one and similarly the heads of a mass of people are better than a few.&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 50.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l5 level1 lfo1; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&lt;b&gt;&amp;nbsp; &lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;b&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;color: black; font-size: 10pt;&quot;&gt;The difference between crowdsourcing and&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;color: black; font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;a href=&quot;http://en.wikipedia.org/wiki/Open_source&quot;&gt;&lt;span style=&quot;color: windowtext; font-size: 10pt; text-decoration: none;&quot;&gt;open source&lt;/span&gt;&lt;/a&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;i&lt;span style=&quot;color: black;&quot;&gt;s that open source production is a cooperative activity initiated and voluntarily undertaken by members of the public. In crowdsourcing the activity is initiated by a client and the work may be undertaken on an individual, as well as a group.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 50.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l5 level1 lfo1; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdsourcing taps into the global world of ideas, helping companies work through a rapid design process. You outsource to large crowds (hence the word: crowdsourcing) in an effort to make sure your products or services are right.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 36.0pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l5 level1 lfo1; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;color: black; font-size: 10pt;&quot;&gt;This phenomenon crowd sourcing is often used as a contest hosted by companies to award people who wins a challenge given by the company.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Types of crowdsourcing&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdsourcing may produce solutions from&amp;nbsp;amateurs&amp;nbsp;or&amp;nbsp;volunteers&amp;nbsp;working in their spare time, or from experts or small businesses which were unknown to the initiating organization.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Jeff Howe has differentiated four types of crowdsourcing strategies:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 14.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l0 level1 lfo2; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdfunding&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; - &lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;describes the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;a href=&quot;http://en.wikipedia.org/wiki/Internet&quot;&gt;&lt;span style=&quot;color: windowtext; font-size: 10pt; text-decoration: none;&quot;&gt;Internet&lt;/span&gt;&lt;/a&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;, to support efforts initiated by other people or organizations.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 50.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l0 level1 lfo2; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdcreation&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; – This type of business model is &lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;used by businesses such as Current TV to create news segments and video ads.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 50.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l0 level1 lfo2; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdvoting&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; – In this model, p&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;eople vote for their favourite T-shirt design at apparel maker ‘Threadless&#39; Web site. &lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 50.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 72.0pt; mso-list: l0 level1 lfo2; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;a href=&quot;http://en.wikipedia.org/wiki/Crowd_wisdom&quot; title=&quot;Crowd wisdom&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;span style=&quot;color: windowtext; font-size: 10pt;&quot;&gt;Crowd wisdom&lt;/span&gt;&lt;/i&gt;&lt;/a&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; &lt;/span&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- &lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;The&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;wisdom of the crowd&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;refers to the process of taking into account the collective opinion of a group of individuals rather than a single expert to answer a question.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Advantages of crowdsourcing&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l1 level1 lfo5; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;ü&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;The cost will be cheaper&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- &lt;span class=&quot;apple-style-span&quot;&gt;The task to be done is crowdsourced to a sea of heads. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l1 level1 lfo5; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;ü&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Ideas come in rather fast&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp; - Thinking power of so many people often yields promising results&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l1 level1 lfo5; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;ü&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Hassle free&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; &lt;/span&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- &lt;span class=&quot;apple-style-span&quot;&gt;No need to maintain those employees and no need to track the whole process in development.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l1 level1 lfo5; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;ü&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Great marketing tool&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- recently LG has outsourced to get next mobile phone model designed.&lt;span class=&quot;apple-style-span&quot;&gt; LG drew more eyeballs via the news that went viral about LG crowd sourcing.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l1 level1 lfo5; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;ü&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Less expenditure on R &amp;amp; D&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; - To get new products developed companies have to invest in R&amp;amp;D. And in case if the experiment fails you lose. Contrary to this in crowdsourcing the same thing can get done in a cheaper way.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l1 level1 lfo5; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;ü&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Talent comes searching for you&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- After outsourcing the task, Talent comes searching for you.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Disadvantages of crowdsourcing&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l3 level1 lfo6; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;v&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Ideas are open&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; -the ideas of a crowd sourced challenge is open so there is a high chance of it to get leaked out&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l3 level1 lfo6; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;v&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Disputes&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- will be there so one cannot replace it with the existing business model&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l3 level1 lfo6; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;v&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Wrong marketing&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;- &lt;span class=&quot;apple-converted-space&quot;&gt;At&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt; times Crowdsourcing can result in wrong marketing by passing the bad word of mouth publicity. Take for examples an automobile company tries to Crowdsource its next model design. In case if the end product is proved not good from the comfort aspect and not good in aesthetics, then people will simply say that the company nowhere takes quality seriously and rather tries to Crowdsource to get the work done in pennies.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l3 level1 lfo6; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;v&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdsourcing the wrong thing&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; – The critical information can be leaked if it is crowdsourced.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l3 level1 lfo6; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;v&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Copyright issue&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; – There can be a situation like &lt;span class=&quot;apple-style-span&quot;&gt;Nokia can claim that the artwork that LG has used by crowdsourcing is a Nokia copyright.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l3 level1 lfo6; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;v&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Hidden costs&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt; - &lt;span class=&quot;apple-style-span&quot;&gt;Culling through 50,000 submissions takes vastly more time than considering the top 5, 10 or 25 suggestions offered by a professional naming company&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-family: Calibri, sans-serif; font-size: 10pt; line-height: 115%;&quot;&gt;&lt;br clear=&quot;all&quot; style=&quot;mso-special-character: line-break; page-break-before: always;&quot; /&gt; &lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;  &lt;br /&gt;
&lt;div class=&quot;MsoNormal&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Examples of Crowdsourcing &amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l4 level1 lfo3; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;The best example is &lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;Wikipedia&lt;/u&gt;&lt;/i&gt;, one of the top 10 largest websites&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Verdana, sans-serif; font-size: 10pt;&quot;&gt;.&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l4 level1 lfo3; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;border-bottom-color: windowtext; border-bottom-style: none; border-bottom-width: 1pt; border-left-color: windowtext; border-left-style: none; border-left-width: 1pt; border-right-color: windowtext; border-right-style: none; border-right-width: 1pt; border-top-color: windowtext; border-top-style: none; border-top-width: 1pt; font-size: 10pt; padding-bottom: 0cm; padding-left: 0cm; padding-right: 0cm; padding-top: 0cm;&quot;&gt;Dell Idea Storm&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;where customers vote for what products they want Dell to do next – this is how Dell’s recent introduction of Linux laptops happened.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 18.0pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l4 level1 lfo3; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;border-bottom-color: windowtext; border-bottom-style: none; border-bottom-width: 1pt; border-left-color: windowtext; border-left-style: none; border-left-width: 1pt; border-right-color: windowtext; border-right-style: none; border-right-width: 1pt; border-top-color: windowtext; border-top-style: none; border-top-width: 1pt; font-size: 10pt; padding-bottom: 0cm; padding-left: 0cm; padding-right: 0cm; padding-top: 0cm;&quot;&gt;Get Satisfaction&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;which is “people-powered customer service”.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l4 level1 lfo3; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Netflix&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;,&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;span class=&quot;apple-converted-space&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;the online video rental service, uses crowdsourcing techniques to improve the software algorithms used to offer customer video recommendations&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;text-indent: 14.2pt;&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal;&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal;&quot;&gt;&lt;u&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Way ahead&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l2 level1 lfo4; text-indent: -18.0pt;&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Crowdsourcing is a great tool for any business. So from well planed and well maintained crowdsourcing a company can gain a lot.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot; style=&quot;margin-left: 54.0pt; mso-list: l2 level1 lfo4; text-indent: -18.0pt;&quot;&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-family: Wingdings; font-size: 10pt;&quot;&gt;Ø&lt;span style=&quot;font: normal normal normal 7pt/normal &#39;Times New Roman&#39;;&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;apple-style-span&quot;&gt;&lt;span style=&quot;font-size: 10pt;&quot;&gt;Organizations reinforce similar approaches and inside-the-box thinking. When you&#39;re looking for something truly different, the crowd can lead you down a less travelled path.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNoSpacing&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://raghvendravaidya.blogspot.com/feeds/1016926411540269187/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/5881253920664688810/1016926411540269187?isPopup=true' title='16 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default/1016926411540269187'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/5881253920664688810/posts/default/1016926411540269187'/><link rel='alternate' type='text/html' href='http://raghvendravaidya.blogspot.com/2011/05/crowd-sourcing.html' title='Crowd Sourcing'/><author><name>Raghav - The journey within</name><uri>http://www.blogger.com/profile/00479317677917541242</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='24' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgshr9pfJxrc32EL2GWNrp0AJ_P9SDh1PN5bvAw2acvFWW7L40pn26eAagTaxvQNp0S-2q4wnJ7uCQPFUG1ydUmkAQZ7eNHwwLaNGLJsCgla6dAG48XGS2eIxtJyJNkfVo/s150/DSCN5426.JPG'/></author><thr:total>16</thr:total></entry></feed>