Wisdom of crowds

Wisdom of crowds

One of the first occasions recognized as “the wisdom of the crowd” relates Francis Galton in early 1900. He was surprised by the fact that the crowd at a county fair accurately guessed the weight of an ox when their individual guesses were averaged. Our collective wisdom refers to the process of taking into account the collective opinion of a group of individuals rather than a single expert to answer a question & gets utilized more and more. Through crowds Ballsmedia especially initiate creating new values.

Values which involves creating economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success. It is not on the margin of what companies do but at the center. We believe that it can give rise to the next major transformation of business thinking.

Your benefits:

  • Really involve your target audience
  • Utilizing collective knowledge
  • Opportunities for co-creation
  • Creating new Shared Values

read behavioral economics >

BALLSMEDIA is about premium brands & premium people. Our main purpose is to establish new “shared values” that enhance competitiveness while simultaneously advancing the economic and especially social conditions in the communities in which we and our clients operate.  By focussing on both social and economic progress, we will contribute to creating a better society.
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