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Leverage the wisdom of crowds

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Summary: Better decisions are made in groups
Description: "The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, first published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group. The book presents numerous case studies and anecdotes to illustrate its argument, and touches on several fields, primarily economics and psychology."
Website - if appropriate: http://en.wikipedia.org/wiki/The_Wisdom_of_Crowds
Department: Structure
Author: Matthew Partovi
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