Communication & Collaboration

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Presentation by Rose Baker & David Passmore at Living the Vision of a Student-Centered University Conference at Penn State, 27 November 2007.

Formation Économie & finance

Communication & Collaboration Tools Rose M. Baker David L. Passmore

Penn State Workforce Education & Development Initiative Rose Baker David Passmore Program Manager Workforce Assessment Center & Assistant Professor of Education Professor & Director Penn State Institute for Research in Training & Development

What do you do to collaborate & communicate?

Two little words for you… ,[object Object]

Collective intelligence… ,[object Object],[object Object],[object Object]

Wisdom in the “Wisdom of Crowds”… Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations

Wisdom in the “Wisdom of Crowds”… Aggregation of information in groups often results in better decisions than could be made by any single person

Wisdom in the “Wisdom of Crowds”… ,[object Object],[object Object],Francis Galton

Web 2.0… ,[object Object],[object Object],[object Object],[object Object]

An information futures market: Newsfutures … http://us.newsfutures.com

IRANBOOM price-volume history… Contract Payoff = $100 if event happens, nothing otherwise Contract Price = estimated probability of event

How an information market works… ,[object Object],[object Object],[object Object],[object Object],[object Object]

A NewsFutures market: Outcome of Super Bowl…

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Communication & Collaboration

1. Communication & Collaboration Tools Rose M. Baker David L. Passmore

2. Penn State Workforce Education & Development Initiative Rose Baker David Passmore Program Manager Workforce Assessment Center & Assistant Professor of Education Professor & Director Penn State Institute for Research in Training & Development

3. What do you do to collaborate & communicate?

4. OPPORTUNITY

7. Wisdom in the “Wisdom of Crowds”… Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations

8. Wisdom in the “Wisdom of Crowds”… Aggregation of information in groups often results in better decisions than could be made by any single person

10. What we learned…

11. OPPORTUNITY

12.

13. Web 2.0 example—Google docs

14. Web 2.0 example—blogs

15. OPPORTUNITY

16. Information futures markets

17. An information futures market: Newsfutures … http://us.newsfutures.com

18. A NewsFutures market: IRANBOOM…

19. IRANBOOM price-volume history…

20. IRANBOOM price-volume history… Contract Payoff = $100 if event happens, nothing otherwise Contract Price = estimated probability of event