National Big Data Analytics (BDA) Initiative - //bina/ 2014 conference
Wikistrat-Executive-Summary-2015
1. Wikistrat is the world’s
first crowdsourced consultancy.
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Wikistrat is the world’s first crowdsourced consultancy.
Wikistrat operates a global network of more than 2,000 subject-matter experts (SMEs) working collaboratively via our
online platform to help decision-makers identify solutions to complex strategic challenges.
Our crowdsourced approach enables public and private sector clients to obtain deeper insights about the future and
plan more creative policy options and strategies, with unparalleled speed and cost efficiency.
Wikistrat’s crowdsourcing methodology – Collaborative Competition™ – allows for the generation of diverse and
interdisciplinary insights unavailable through traditional analysis, complete transparency, and client interactivity.
We leverage our experience – gained through hundreds of crowdsourced studies and simulations combined with big
data analysis – to deliver a range of bespoke analytic services.
Global network of
2,000+ experts
Real-time
collaboration on an
interactive platform
Delivered three times
faster
Diversity of insights
and expertise
Transparent
crowdsourcing
methodology
2. Services
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“Intelligence is no longer just stolen secrets, but the wisdom of knowledgeable observers. Wikistrat delivers exactly that.”
- General (ret.) Michael V. Hayden, Former Director CIA, Former Director NSA
Our Services at a Glance
1. Crowdsourced Simulations: Structured studies and exercises for strategic planning, scenario forecasting,
market research and risk management.
2. Intelligence Monitoring: Real-time monitoring and tracking of geopolitical or market stability to provide
strategic early warning of deviation from a baseline, potential instability and changes in economic conditions.
3. Red-Teaming: Rapid review, critique and proposition of alterations and improvements to a policy paper (or
draft) by a team of experts, challenging conventional wisdom or a corporate strategy.
4. Wargaming: Use of multiple teams to roleplay actors, countries or enterprises to understand how the future
can unfold, through both intra-actor collaboration and inter-actor competition.
5. Analyst Briefings: Access to Wikistrat’s network of 2,000 experts for quick-turnaround analyses, briefings and
expert panels on specific issues and ideas.
6. Executive Memo Service: Customized policy memos within a three-hour turnaround for dealing with a crisis
or breaking news.
7. Subscription Service: Monthly reports synthesizing key insights from dozens of simulations, highlighting key
risks and opportunities regarding trending geopolitical affairs.
3. 3
“One of the strengths that we see for this crowdsourced approach is the amount of eyes
assembled to look at an issue in a short amount of time. For this reason, huge amounts of
information can be processed and synthesized much faster than with linear models.” – Tim
Haffner at U.S. Africa Command
our clients
our partners
“Wikistrat’sdeliverywastwostandarddeviationsabovethenormandfarexceededexpectation.
That level of performance is rare. The data and information was rich and useful, but it was the
speed that blew me away – we found it hard to keep up.” – Dick Bedford, Deputy DCOS SPP,
NATO, Allied Command Transformation (ACT)
4. Wikistrat’s crowdsourced analytic services model is:
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AGILE: Different analytic teams are assembled, on demand, to analyze an issue in response to global, regional or
country-level events. This allows us to quickly tailor the assembled crowd to intensely analyze the issues at hand.
INNOVATIVE: Crowdsourced consulting leverages the insights and skill-sets of a large and diverse group of SMEs, all
collaborating in real time. Its superiority to an individually-driven analytic services paradigm is based on the model’s
ability to mitigate individual biases while simultaneously allowing the group to optimize the ideas and argumentation
of each individual.
RAPID and COST-EFFECTIVE: Crowdsourced consulting produces results at approximately one-third the time and
total cost of delivering an equivalent service through traditional means. An average Wikistrat engagement involves
between 80–100 analysts and typically delivers two years’ worth of effort (measured in hours) in three weeks.
Groups have greater intellectual diversity:
• They generate perspectives that would otherwise not be considered.
• This enables the group to consider a wider range of possibilities, and then choose amongst them.
Groups have greater analytical independence:
• They are better able to avoid the pressure to conform their analysis.
• This creates a mitigating tendency against a small group of heavily-biased, assertive individuals unduly
influencing the group’s thinking.
Groups have greater aggregative capabilities:
• The mechanism exists to turn individual minds (in expertise, intuition and judgment) into a collective judgment.
• The best decisions are often the product of disagreement and contest, not consensus or compromise.
AGILE INNOVATIVE
RAPID &
COST-EFFECTIVE
UNIQUE IN THE MARKET
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Former National Security Advisor to the President of the United States
Supreme Allied Commander Europe
Commandant, Marine Corps
Former Senior CIA Executive
Former Acting Director, Defense Intelligence Agency (DIA)
Former Director, National Security Agency
Former Director, Central Intelligence Agency
Former Principle Deputy Director, National Intelligence
Director, U.S. Chamber of Commerce
Senior Advisor, Robertson Foundation for Government
Chairman, Center for International Private Enterprise
Former Undersecretary of Defense for Intelligence (USDI)
U.S. Department of Defense (DoD)
General James L. Jones
David R. Shedd
General Michael V. Hayden
Gregory Lebedev
Stephen Cambone
Advisers and ambassadors
7. Methodology
what do you get?
Intelligence Monitoring
Crowdsourced Simulations
Structured
Knowledge Base
Live Access to
Simulation
Final Report Infographics Presentation to
Decision-Makers
Big Data
Collection
OSINT
Gathering
Interactive
Dashboard
Risk Indices
and Modeling
Timely Reports Presentation
to Decision-
Makers
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Collaborative Competition is Wikistrat’s patent-pending methodology for pursuing collaborative analysis and
forecasting, combined with competitive elements. Collaboration brings wider and more diverse input into the
analysis,overcomingvariouscognitivebiaseswhileenablingthegenerationoffresh,better-refinedinsights.Competition
– between analysts and analytic outputs – spur innovation and creativity, allowing counterintuitive ideas to emerge.
8. Featured in
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Wikistrat’s Predictive Successes 2014
Predicted Russian invasion
of Crimea, four months in
advance
Predicted protests within
specific suburbs of a capital
city, three weeks in advance
Predicted changing economic
conditions, including major
shifts in FDI and significant
alterations in exchange rates,
one month in advance
Predicted foreign investments
into the energy sector, one
month in advance