As everyone has known [*] since the modern corporation was invented, employees such as executive assistants or production line managers often have better information and more accurate insight than their management.
[*] Hmm… Do research scientists really say that low- and mid-level employees know more than the executives? I would like a more rigourous take on that.
UPDATE: In most cases, the team (including the best predictors) outshines the best predictor working alone.
Previously: CrowdCast = Collective Forecasting = Collective Intelligence That Predicts
Chris,
The claim here is not that the administrator knows more than the executive. The claim is that the executive’s point-of-view can be enhanced by mingling it with the admin’s. Empirical and experimental evidence show that in most cases the team (including the best predictors) outshines the best predictor working alone. Furthermore, in our implementations we find that our front line managers often have earlier information than the executive suite. Our mission is not only to provide accurate forecasts, but to do so as early as possible.
Regards,
Leslie