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December 12, 2006


Sam Rose

Thank god that Wikinomics will be the new Buzzword. It is a million times better a buzzword than "Crowdsourcing", IMO. :)

Frank Piller

Thanks for the feedback, Don -- I am curious to read your book soon to see this much broader concept is!

Don Tapscott

Thank you for the kind comments about my new book. Crowdsourcing is a helpful idea but it is an instance of something much broader that we discus in Wikinomics.* The book will be out at the end of the December and I hope it will be helpful. The initial buzz is very encouraging -- EG Tom Peters just called Wikinomics "a breathtaking piece of work." We're soft launching www.wikinomics.com on Friday of this week with a full launch of the first true rich media blog early in the new year. Enjoy!

* Broader definition from the book's web site:

Billions of connected individuals can now actively participate in innovation, wealth creation, and social development in ways we once only dreamed of. And when these masses of people collaborate they can collectively advance the arts, culture, science, education, government, and the economy in surprising but ultimately profitable ways. Companies that engage with these exploding Web-enabled communities are already discovering the true dividends of collective capability and genius.

To succeed, it will not be sufficient to simply intensify existing management strategies. Leaders must think differently about how to compete and be profitable, and embrace a new art and science of collaboration we call wikinomics. This is more than open source, social networking, so-called crowdsourcing, smart mobs, crowd wisdom, or other ideas that touch upon the subject.

Rather, we are talking about deep changes in the structure and modus operandi of the corporation and our economy, based on new competitive principles such as openness, peering, sharing, and acting globally.

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