Polly LaBarre wrote a nice piece that was published on the Harvard Business Review blog today in which she highlighted the story that Philippe Beaudette, Eugene Eric Kim, and I wrote for the Management Innovation Exchange about the Wikimedia Foundation strategic planning project.
Basically, Eugene and Philippe organized and ran a strategic planning project that democratized what is usually a fairly aristocratic process, involving a community of 1000+ Wikimedia volunteers in helping craft strategy for the next five years.
Their story blew my mind when I first heard about it, and I hope it blows your mind too (but in a good way).
You can read Polly’s post here, then go check out the full story on the MIX.
Last week I received a heads up about a new web application launching today from a company called BetterMeans with an impressive goal: to build the infrastructure (processes, technology, governance, etc.) to make an open organizational structure like we talk about here on opensouce.com a reality.
From their website:
BetterMeans.com is a web platform where people can start and run companies in a new decentralized way.
– Teams self-form, self-organize, and self-manage using an issue-tracking tool
– There is no management class, only natural hierarchies.
– Leadership emerges organically by users earning other users’ confidence
– Compensation is based on contribution
– Strategy and ideas are crowd-sourced
– There’s full accountability and transparency. Relationships are built on trust.
– Ownership is distributed
– Capital allocation and decision-making are decentralized
If a traditional company was a network architecture, it would be client-server.
We’re building a platform for peer-to-peer companies that are more agile, resilient, and innovative.
The video below explains what they are doing and why.
[Read the rest of this post on opensource.com]