James Surowiecki kicked off
Agile2008 with his keynote speech
on
Wisdom of Crowds . And he did it
without a Powerpoint deck. "Awesome", as the Canadians say. I read
the book about a year ago and the talk was still fascinating.
A group is often more intelligent than the most intelligent person
in the group. This doesn't just happen. There are 3 conditions
necessary for a group to be smart:
- The group must be able to aggregate the judgments of individuals into a collective judgment.
- The group must comprise a diverse set of people who
demonstrate cognitive diversity, coming at the problem from
different perspectives, to avoid everyone making the same
mistake.
- Individuals in the group must act independently, like individuals, and think for themselves to avoid groupthink . People need to offer up their own judgments and not succumb to peer pressure.