Written by: Vickie Sullivan | January 23, 2014
Big Experts for Less Money
Talk about disruptions. Consulting company Wikistrat is changing the game on how consultants get and use information.
According to this Fast Company article, in-house analysts are replaced by a larger group of 850 experts participating in different solutions. They are paid a flat fee plus bonuses for “winning.” These projects take 3 to 4 weeks, use 50 to 100 analysts who work between 5 and 12 hours per week.
Who pays for these crowd-sourcing reports? Government agencies and multi-national corporations. Who participates? Recognizable names such as national security guru, Thomas P.M. Barnett; foreign policy scholar, Anne-Marie Slaughter; and counter-terrorism expert, Daveed Gartenstein-Ross. Wow,
Whether this is a fad or a trend is irrelevant. The big question here: what happens to fee schedules when you can get big names for less? My bet: this isn’t the end of gamification with top talent. For more information, read this article.
Other Resources You Might Like:
- Interviewing Authors
- The Commodity Zone: 3 Buyer Perceptions That Create Low-Fee Conversations
- Professional Speakers