Crowdcast is a powerful tool, producing unbiased, timely forecasts of your most important metrics. Controlling access to these crowd forecasts is key as the metrics may well be different from the “official” forecasts. For example, in a project management setting, the crowdcast may indicate that a key milestone will slip. Planned date = Jan 15, [...]
Earlier this summer I posted about our project with The Good Judgment Team on pushing the boundaries of forecasting methodologies. I’m thrilled to say that a week ago, we went live, with more than 3,000 participants worldwide making forecasts and, in some cases, arguments, about the future of political, economic, and technological trends. To date, [...]
Dr. Ajit Kambil, Global Research Director of Deloitte, authored an interesting piece on the use of prediction markets by CFOs. He presents a nice summary of how prediction markets work and their benefits — that they are a great way to aggregate dispersed insights and capture information that changes over time. Some implementations of prediction [...]
A couple weeks back I wrote about our “new mech” project, a wholesale redesign and reimplementation of our knowledge aggregation mechanism. In this post I will talk about why traditional project management techniques failed us and how Crowdcast helped us to recover. As I mentioned last time, our initial attempt at running the project revolved [...]