Abstract :
Biztech trends should help business and technology executives develop a high level, long-term approach for cap turing opportunities to help their business grow. Most enterprises are terrible at being innovative. Although CIOs must learn how to better capture internal expertise, they must first recognize and differentiate the value of external sources of change and growth. Many pundits confuse "external innovation" with "crowdsourcing." The "wisdom of the crowd" is the misguided concept that crowds composed of a random collection of resources within an affinity group without clear expertise or pecking order are somehow hypercreative beyond the capabilities of a structured organization.
Keywords :
business process re-engineering; innovation management; BizTech Trends; business growth; capturing opportunities; external innovation; innovative enterprises; internal expertise; random resources collection; Business; Media; Technological innovation; CIOs; Keywords: technology trends; information technology;