Best Buy [electronic resource] : collective wisdom in decision making / Julian Birkinshaw.
Material type:
FilmSeries: Henry Stewart talksBusiness & management collection: Publisher: London : Henry Stewart Talks, 2018Description: 1 online resource (1 streaming video file (6 min.) : color, sound)Subject(s): Best Buy (Firm) | Group decision making | Industrial management -- Case studies | Organizational effectivenessOnline resources: Click here to access online Summary: This case study examines Best Buy and the business's use of collective or crowd wisdom. One senior executive had his employees estimate the likely sales of greetings cards that would be sold during the upcoming holiday season and this estimate proved to be significantly more accurate than that of the experts who traditionally estimated these numbers.
Animated audio-visual presentation with synchronized narration.
Bite-size case study extracted from the talk: Reinventing management.
Title from title frames.
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This case study examines Best Buy and the business's use of collective or crowd wisdom. One senior executive had his employees estimate the likely sales of greetings cards that would be sold during the upcoming holiday season and this estimate proved to be significantly more accurate than that of the experts who traditionally estimated these numbers.
Mode of access: World Wide Web.