Product: Wikinomics: How Mass Collaboration Changes Everything

I recently read a book called, Wikonomics - how mass colaboration changes everything by Don Tapscott and Anthony Williams. It is a book about the social networking and collaborative sites that are becoming very popular. I found the book highly interesting since I try to follow trends and try to figure out what opportunities are available in which trends.

Wikonomics points out that many times traditional business is afraid of open source projects like Linux and Wikopedia but others see a corneacopia of participation and economy. The thesis behind the book is that the collaborative social networking type sites actually increase business opportunity and do not take away business opportunity.

The book had a number of possible subtitles including:

Edit This Book!

The Dividends of Collective Genius

We the People

Business (The Remix)

The new World of Collaborative Anarchy

Please Register to Participate

The Power of Us

Creating a New page in Business History

Unleashing Our Collective Genuis

This Book is a Stub

Harnessing the Power of Your Peers

(Your Input Needed Here)

Peer-Powered Prfit in Life, Business, and Individual Choice

The Peer Advantage: Myth or Magic?

Peer Producing the Future

The subtitles describe what the phenomenon is.

The book talks about the 4 principles of Wikonomics including being open. This flies in the face of some businesses which often try to keep their secrets to themselves.

Peering: most organizations have a higher archaric set up and the nature of Wikis is they are based on peer.

Sharing: again a conventional western society says, keep it to yourself.

Acting Globally: Wikies are a great way to get global knowledge working together.

It is a good book and a fairly quick read; fairly inspirational; however, I am still not sure what to do with it. Thinking…
Rating: 5
B001IDZJKE
Count: 12