5 Difficult Business Issues Where Collective Intelligence Can Play An Outstanding Role.

 

 The collective intelligence of crowds is increasingly becoming a tool for solving various issues for many companies and organizations. However, these are often very specific and secondary tasks. More positively, at least three inherent factors give collective intelligence truly enormous potential for solving the most important and complicated business issues. 

 Collective intelligence’s power sources.

 1)Diversity It is impossible to foresee in advance what kind of life or professional experience, what features of people’s thinking and mentality, will be useful in solving a particular non-standard task. Non-standard tasks are so called because there is no pre-known list of standard competencies with which they can be solved. Sometimes it seems to a company that in order to solve its issue, it needs people with the competencies of perhaps a lawyer or an architect (because this was the case with previous tasks). However, it could turn out that a veterinarian or an art critic will be able to provide a solution. The more diverse the crowd, the more chances of success through using collective crowd intelligence.

2) Resource sharing. Putting in fractions of resources to acquire a product, properties or business stocks. Starting a venture in agribusiness with zero capital, crowd cow is the model. 

3) Scaling and expansion Sometimes it is necessary to find new categories of consumers or new sales markets for the goods or services produced by a company. A crowd consisting of people of different nationalities, ages and professions will be able to deliver various options for solving this task in the best way.

AGRIBUSINESS: MEAT SHARING AND CROWD COW IN THE RED MEAT VALUE CHAIN.

 We have been discussing about franchising as an option in the red meat value chain.  Discussions have spanned various models of making profit in the red meat value chain from owning an abattoir to running a meat shop.

Livestock business 

  The force of collaborations in form of franchising to grow a business is a tested and proven strategy. Crowd sourcing method can be remolded and used in the red meat value chain. Meat sharing aptly termed crowd cow.  scenario 4 

  Meat sharing and crowd cow: interested in the red meat value chain but dont fit into any other highlighted options? Then this is for you.

   Meat sharing and crowd cow; this method allows various individuals to buy parts of a cow, the cow is only slaughtered when all parts are sold. These are then dispatched to individuals or they pick up at your shop. 

                             

Meat sharing and crowd cow is  risk free because interested buyers pay before cow is delivered.  The business strategy is crowdfunding, different individuals are paying for shares in a cow. It is the business owner that will determine price per share based on the price of cow he intends to purchase.

 The meat sharing and crowd cow needs an advertising platform to get people informed of operation. The platform will announce dates and time of crowd cow with timeline to opt -in. When the  target is reached then the business owner moves in the abattoir to slaughter and pack the beef as desired by investor.

 Advantages of this model is 1) No risk attached because you pay to opt-in. 2) No waste or loss because the client has paid and must pick up . 3) No extra cost of freezing left-overs. 4) Business is based on demand per time, no slaughtering on  assumptions. 5) Minimal cost of start -up, a social media page and means of dispatch is all you need.