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This Element is an excerpt from We Are Smarter Than Me: How to Unleash the Power of Crowds in Your Business (9780132244794) by Barry Libert and Jon Spector. Available in print and digital formats.
Discover today's crowdsourcing best practices-and avoid the dangers!
Wikinomic communities can often perform real-world tasks faster, better, and cheaper than individuals. But building a successful community isn't simple: The price of great rewards is great risk. A seemingly minor mistake can snowball into a fatal disaster with lightning speed. Use these guidelines to avoid the pitfalls of crowdsourcing....