Innovative Consulting Model: Wikistrat’s Idea of “The Many”

Chess

Many organizations that conduct research and strategy predominantly utilize a “singular approach” — i.e., relying on limited types of information and working in silos with few researchers, thus providing a relatively narrow and limited perspective on complex and essentially multidisciplinary phenomena. Such models are only seldom able to contextualize issues in a larger context, and therefore risk omitting important and impactful variables. They are also at risk of generating single-perspective analysis that is more prone to biases.

Put differently, traditional models rely on a linear approach: collect information, analyze it, create assumptions regarding the future and provide the decision-maker with an analytic product that only seldom contains actionable recommendations. In today’s increasingly complex environment, this model is becoming ever more obsolete.

Wikistrat’s unique methodology is based on a different approach which better addresses the challenges of today and tomorrow. Where there is a need to analyze complex issues in depth — whether contemporary or futuristic in nature — Wikistrat has the ability to bring an array of experts to the analytic table, and has the technological platform and methodological experience to incentivize them to cooperate and collectively generate in depth analysis and policy recommendations.

At the core of Wikistrat’s model stands the idea of “the plural” or “the many”: many sources of information, many experts and many fields of expertise working collaboratively in real time to create many angles of analysis, produce many predictions and illustrate many futures — all to allow decision-makers to address many concerns with many policy options.

Lastly — and most importantly — the provision of many futures (as well as the probability and magnitude of each) enables policymakers to better manage risks based on educated prioritization and understanding of the potential consequences of various future possibilities.

From an analytic perspective, bringing together many experts from various fields of specialization helps contextualize the problem-set and facilitates multidisciplinary analysis — all while generating constructive competition between ideas and theses to test-case them and examine their resiliency. Many experts generate many points of view – i.e., many insights – even when trying to illuminate an issue from a single perspective. In other words, Wikistrat’s crowdsourced methodology facilitates a deeper and wider study: It allows the planting of an issue in a larger yet relevant context, as well as an analysis from several angles and an examination of the strength of related insights.

About the author

Shay

Dr. Shay Hershkovitz
Wikistrat Chief Strategy Officer
Director of Analytic Community

This article was originally published on LinkedIn.

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