let the market work for you



Crowdsourcing vs Expertsourcing

  Data Driven Decisions By Experts

    Niel Robertson, CEO, Trada
     nielr@trada.com, @nielr1
We All Know What Crowdsourcing Is




copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
But What is Expertsourcing?




copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
The Nature of Expert Problems


•  Requires specialization in a field (the
   amateur can’t add much value here)
•  Requires data and analysis
•  Intuition from past experience can lead to
   better results
•  Multiple experiences (perspectives) can be
   powerful
•  Multiple approaches can be powerful

    copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Case Example - uTest




copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Case Example - Trada




copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
What Makes an Expert?


•  They use data
  Experts are trained to make
  decisions with data


                                                                   •  They use tools
                                                                            Experts know how to
                                                                            become efficient



    copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Process-Centric


•  Expertsourced crowds are process-centric
   work environments
•  Data-driven decisions are iterative




    copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Pay for Performance Expertise


•  The benefit of Expertsourcing is paying for
   expertise by the drink


                                  •  Pay	
  per	
  bug,	
  test	
  case,	
  etc.	
  



                                  •  Pay	
  per	
  click,	
  conversion	
  

    copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Curation: Ratings and Profiles




copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Getting the Most From Your Experts


•  You need to give them context
  –  Communicate with them
  –  Define goals quantitatively
•  You need to give them feedback
  –  Give them information/data
  –  Help the crowd learn from each other
•  You need to give them love
  –  Treat them as co-workers, not as task masters
  –  Care about their success/their success is your
     success

     copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
Find out More




crowdsortium.org, @crowdsortium
                                 Niel	
  Robertson	
  
                                 President	
  and	
  CEO,	
  303-­‐588-­‐8543.	
  
                                 Email	
  me	
  at	
  nielr@trada.com	
  
                                 @nielr1	
  
                                 www.trada.com	
  

  copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.

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Crowdsourcing vs Expertsourcing

  • 1. let the market work for you Crowdsourcing vs Expertsourcing Data Driven Decisions By Experts Niel Robertson, CEO, Trada [email protected], @nielr1
  • 2. We All Know What Crowdsourcing Is copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 3. But What is Expertsourcing? copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 4. The Nature of Expert Problems •  Requires specialization in a field (the amateur can’t add much value here) •  Requires data and analysis •  Intuition from past experience can lead to better results •  Multiple experiences (perspectives) can be powerful •  Multiple approaches can be powerful copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 5. Case Example - uTest copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 6. Case Example - Trada copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 7. What Makes an Expert? •  They use data Experts are trained to make decisions with data •  They use tools Experts know how to become efficient copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 8. Process-Centric •  Expertsourced crowds are process-centric work environments •  Data-driven decisions are iterative copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 9. Pay for Performance Expertise •  The benefit of Expertsourcing is paying for expertise by the drink •  Pay  per  bug,  test  case,  etc.   •  Pay  per  click,  conversion   copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 10. Curation: Ratings and Profiles copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 11. Getting the Most From Your Experts •  You need to give them context –  Communicate with them –  Define goals quantitatively •  You need to give them feedback –  Give them information/data –  Help the crowd learn from each other •  You need to give them love –  Treat them as co-workers, not as task masters –  Care about their success/their success is your success copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.
  • 12. Find out More crowdsortium.org, @crowdsortium Niel  Robertson   President  and  CEO,  303-­‐588-­‐8543.   Email  me  at  [email protected]   @nielr1   www.trada.com   copyright © 2009 Trada, Inc. All materials are company confidential and may not be distributed without expressed permission.