Business must master collective wisdom. Robust, production enterprise techniques exists, known as information markets. Odd that established communities, like KM, research, OD/OL, and CI, are avoiding innovation. Any thoughts? Aren't these communities expected to lead innovation? Why are they absent? Avoidance of uncanny crowd wisdom by management is an active research theme and paradox. 'Edge-based' authenticity often strikes at the heart of the rigid hierarchy. New network archetypes, besides the bureaucratic hub-and-spoke of the traditional corporate org chart, are how knowledge work gets done today. Information markets, inside those new network models, are how individuals and organizations master collective knowledge and wisdom. Of course, business has picked-up the knowledge market trend aggressively. It's because they are so effective in mastering collective wisdom. These markets are on-track for a sharp 400% growth this year. The next information market summit for business, education, science, government, institutions and individuals is June 7, in Chicago. http://tinyurl.com/lh8nt New ways to share, trade and aggregate information using Internet-based markets are exploding. These powerful knowledge networks help companies, schools, governments and individuals to acquire, to create and lead ever-growing bodies of knowledge. These capabilities achieve mastery of collective wisdom with stunning speed and accuracy. Through a ceaseless flurry of self-correcting exchanges and markets, covering everything from politics and business plans to sports and new product features, these potent markets amass and refine knowledge and collective wisdom. Edge-based information markets and idea exchanges aggregate information in a way that allows individuals and companies, ranging from computer manufacturers, pharmaceutical companies, financial services firms and telecoms to Hollywood studios and entrepreneurs, to make far better decisions. These innovative market-based mechanisms resolve questions of science, technology, management, strategy, planning and policy far better than the experts. Understand how people assimilate aggregated information to achieve fundamental breakthroughs in innovation, productivity, strategy and effectiveness. Learn why these new market and aggregation techniques are so astoundingly accurate! When: Wednesday, June 7, 2006 8:00 AM - 5:00 PM
Where: University of Chicago - Gleacher Executive Center, 450 North Cityfront Plaza Drive, Chicago, IL 60611 http://tinyurl.com/lh8nt Once your registration is complete, you will received an invitation to a special cocktail reception to meet participants, speakers and sponsors on June 6th from 5-7PM in Chicago. Please register and mark your calendar! Registration tuition includes reception, meals, refreshments, materials and an advance copy of Infotopia: How Many Minds Produce Knowledge http://www.pmcluster.com/infotopia.htm. Note: giving the importance and growth of prediction markets, these action/research community gatherings reach capacity quickly. All are welcome, but space is strictly limited to optimize effective conversation and collaboration. http://kmblogs.com/public/item/127101 | 
