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	<title>Midas Oracle .ORG &#187; corporate intelligence</title>
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		<title>In most cases, the team (including the best predictors) outshines the best predictor working alone.</title>
		<link>http://www.midasoracle.org/2009/06/29/the-team-outshines-the-best-predictor/</link>
		<comments>http://www.midasoracle.org/2009/06/29/the-team-outshines-the-best-predictor/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 07:31:58 +0000</pubDate>
		<dc:creator>Chris F. Masse</dc:creator>
				<category><![CDATA[All Best Posts Ever]]></category>
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		<guid isPermaLink="false">http://www.midasoracle.org/?p=14904</guid>
		<description><![CDATA[I had a question about VentureBeat&#8217;s statement, and Leslie Fine has answered it. VentureBeat: 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 &#8230; <a href="http://www.midasoracle.org/2009/06/29/the-team-outshines-the-best-predictor/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>I had <a href="http://www.midasoracle.org/2009/06/26/crowdcast-employees-know-more-executives/">a question</a> about VentureBeat&#8217;s statement, and Leslie Fine has answered it.</p>
<p><a href="http://venturebeat.com/2009/06/25/roundup-rip-farrah-fawcett-palms-not-so-big-loss/">VentureBeat</a>:</p>
<p style="padding-left: 90px;">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.</p>
<p><a href="http://www.midasoracle.org/2009/06/26/crowdcast-employees-know-more-executives/">CrowdCast&#8217;s Leslie Fine</a>:</p>
<p style="padding-left: 90px;">The claim here is <strong>not</strong> that the administrator knows more than the executive.Â  The claim is that <strong>the executive&#8217;s point-of-view can be enhanced by mingling it with the admin&#8217;s. </strong> Empirical and experimental evidence show that <strong>in most cases the team (including the best predictors) outshines the best predictor working alone.</strong> Furthermore, in our implementations we find that our front line managers often have earlier information than the executive suite.Â  Our mission is not only to provide accurate forecasts, but to do so as early as possible.</p>
<p><a href="http://crowdcast.com/">CrowdCast&#8217;s website</a></p>
<p>Best wishes to CrowdCast. They have a good Chief Scientist. <img src='http://www.midasoracle.org/wp-includes/images/smilies/icon_biggrin.gif' alt=':-D' class='wp-smiley' /> </p>
<p><em>Previously</em>: <a href="http://www.midasoracle.org/2009/06/25/crowdcast-collective-forecasting-collective-intelligence-that-predicts/">CrowdCast = Collective Forecasting = Collective Intelligence That Predicts</a></p>
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		<title>The CrowdCast truth that Robin Hanson would debunk if Our Master Of All Universes were not so obsessed with signalling</title>
		<link>http://www.midasoracle.org/2009/06/26/crowdcast-employees-know-more-executives/</link>
		<comments>http://www.midasoracle.org/2009/06/26/crowdcast-employees-know-more-executives/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 05:38:02 +0000</pubDate>
		<dc:creator>Chris F. Masse</dc:creator>
				<category><![CDATA[Business Administration]]></category>
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		<guid isPermaLink="false">http://www.midasoracle.org/?p=14872</guid>
		<description><![CDATA[VentureBeat: 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&#8230; Do research scientists really say that &#8230; <a href="http://www.midasoracle.org/2009/06/26/crowdcast-employees-know-more-executives/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2009/06/25/roundup-rip-farrah-fawcett-palms-not-so-big-loss/">VentureBeat</a>:</p>
<p style="padding-left: 90px;"><strong>As everyone has known [*]</strong> since the modern corporation was invented, employees such as executive assistants or production line managers <strong>often have better information and more accurate insight</strong> than their management.</p>
<p><strong>[*]</strong> Hmm&#8230; Do research scientists really say that low- and mid-level employees know <strong>more</strong> than the executives? I would like a more rigourous take on that.</p>
<p>UPDATE: <strong><a href="http://www.midasoracle.org/2009/06/29/the-team-outshines-the-best-predictor/">In most cases, the team (including the best predictors) outshines the best predictor working alone.</a></strong></p>
<p><em>Previously</em>: <a href="http://www.midasoracle.org/2009/06/25/crowdcast-collective-forecasting-collective-intelligence-that-predicts/">CrowdCast = Collective Forecasting = Collective Intelligence That Predicts</a></p>
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