Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    chatgpt image jul 13, 2026, 04 23 45 pm
    How Data Analytics Helps Companies Improve User Engagement
    19 Min Read
    chatgpt image jul 13, 2026, 03 59 46 pm
    How Data Analytics Improves Multi-Location Search Strategies
    10 Min Read
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 Min Read
    data driven risk management in heatlhcare
    How Data Analytics Is Changing Healthcare Risk Management
    17 Min Read
    big data and customer service outsourcing
    How Data Analytics Improves Customer Service Outsourcing
    18 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Cognitive Surplus and Social Business: Win-Win Strategy
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > Cognitive Surplus and Social Business: Win-Win Strategy
Uncategorized

Cognitive Surplus and Social Business: Win-Win Strategy

hkotadia1
hkotadia1
2 Min Read
SHARE

Social Networking technology has made it incredibly easy and inexpensive for people to collaborate and work together irrespective of their physical location. Given the proliferation of high speed internet access from home and mobile devices, something unthinkable even a few years ago (remember those dial-up modems), we are increasingly going to see people from diverse backgrounds & geographies collaborate on a project and share their expertise, thanks to Social Networks.

Social Networking technology has made it incredibly easy and inexpensive for people to collaborate and work together irrespective of their physical location. Given the proliferation of high speed internet access from home and mobile devices, something unthinkable even a few years ago (remember those dial-up modems), we are increasingly going to see people from diverse backgrounds & geographies collaborate on a project and share their expertise, thanks to Social Networks.

This presents an excellent opportunity for business to tap into Cognitive Surplus, world’s spare brain power so to speak, and leverage it in a way that it is beneficial to all concerned (see this link for an excellent visualization of the size of Cognitive Surplus and refer to my earlier post titled Cognitive Surplus: Implications for Social CRM for more on the subject).

More Read

Curt Monash Analyzes the Text Analytics Market
Defining Business Benefits: Hard and Soft
Lattice and ggplot graphics, side by side
Enterprise 2.0 and Collaboration: Come on, HR!
Am I a Bad Person?

Quirky, a Social product development company is a very good example of not only collaborative work, but also of how influencers can be rewarded for their contribution (see the last column of any product’s page on Quirky’s online store for share of each influencer in total price of the product).

Watch the following videos to learn more about how Quirky taps into Cognitive Surplus of Influencers and rewards them for their contribution, a win-win strategy indeed.

 

TAGGED:collaboration
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

chatgpt image jul 15, 2026, 03 28 38 pm
How Cloud Technology Helps IT Asset Recovery Services
Cloud Computing Exclusive IT Security
chatgpt image jul 13, 2026, 04 23 45 pm
How Data Analytics Helps Companies Improve User Engagement
Analytics Big Data Exclusive
chatgpt image jul 13, 2026, 04 19 58 pm
Can AI Help Companies Improve PPC Fulfilment?
Artificial Intelligence Exclusive
chatgpt image jul 13, 2026, 04 14 54 pm
How AI Helps Companies Adapt to Fulfillment Strategy Changes
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Enterprise 2.0 – If we only knew what we know.

4 Min Read

BI 2010 – BI Competency Centers

5 Min Read

How to Gain Knowledge from the Online Community

3 Min Read

The Case Against Collaboration, Part III

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?