COLLECTIVE INTELLIGENCE INITIATIVES
- The world we live in is facing ever more challenges that put what can become life-threatening stress on people, relations, businesses, organisations and even countries.
- Strategy and Risk management are not any longer enough!
- Agility, adaptability, resilience, and solidarity are needed to survive and thrive.
- The idea is: as it was when we switched from single computers to machine network processing, uniting “human brains” multiply exponentially problem solving!
- The interaction of ideas in a group allows new proposals to come out, much better than those proposed by some isolated individuals – this is the principle of collective intelligence.
- It is all the more important when three conditions are met:
- Collective intelligence takes existing Design Thinking and Knowledge Management to new levels: it involves more in-house knowledgeable capacity and uses new methods of extracting and interacting positive ideas with natural cooptation leading to better solutions and implementation.
- These methods are more efficient, in a new digital world, when using dedicated on-line tools.
Hiram Finance research & quantitative team built methods and tools on how to “extract” the collective intelligence of a team, department or group.
- I dea Gambler © is web-based, designed to initiate, syndicate and ultimately trade new Ideas within any organisation.
- Idea Gambler © is in the prototype phase and has been successfully tested on multiple occasions to:
- Generate Ideas with the Hiram Finance business heads: several workshops gathering 25 users have been organised.
- Identify vision on shared quick wins to prepare the year 2020 roadmap with a major Asset Manager. Audience of 60 people, included Chief Risk Officers worldwide and support functions managers during the annual Risk seminar in Paris.
- Detect issues on transversal processes across multiple departments and agree on a remediation plan in several financial institutions.
- Managers, not only in the banking sector, are facing increasingly complex issues, which they cannot solve alone, in increasingly siloed organisations.
- Idea Gambler © will enable them to identify the most relevant and legitimate solutions with the support of their teams.
- As opposed to top-down and fragmented approaches, Idea Gambler © is an innovative framework based on the notion of presenting, auctioning and syndicating Ideas.
- Idea Gambler © adopts the cultural codes of finance but can be leveraged across private and public organisations.
- Key benefits include Silos break down, generating Ideas from field experience and providing recognition to team members who promote Ideas which prove to be useful to the company.
