By David Cushman
The 10 rules of Open enterprise is a pragmatic advisor to organizational layout for the Twenty-First Century. utilizing case stories, the authors outline the ten rules of open company that agencies needs to undertake to either live to tell the tale and thrive, and supply a pragmatic technique to check the reader's personal organization.
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Additional info for The 10 Principles of Open Business: Building success in today’s open economy
What do you believe about it? What could others believe? indd 42 08-01-2014 17:33:33 4 43 3 As and when you achieve a shared belief – sense-check it against business needs. Using your “Purpose” as a guide, list the things you do which align with it and the things that don’t. 5 Purpose Stop doing the things that don’t. Create additional activities which do. indd 43 08-01-2014 17:33:33 2 ch ap te r Open Capital Deﬁnition Using crowd-funding platforms or principles to raise capital through microinvestments.
More speciﬁcally, says Mark, what really helped was Purpose clearly articulated and adopted throughout the organization. Unusually, Channel 4’s Purpose is written into law (both the original founding statute and subsequent amendments essentially describe its remit to be innovative, experimental, and distinctive). But human beings don’t work well with statute, which is why David Abraham made recovering a shared sense of Channel 4’s Purpose a priority. It would prove a key lever for change in other areas.
Providing a real sense of ownership for those taking part. Enabling niche innovation to scale. Open Capital affordably and efficiently enables organizations of all sizes to test, develop, and deliver to niche need. Peer-funded partnerships also offer the opportunity to create value beyond the back slap in the boardroom and the bottom line on the balance sheet; value creation which acknowledges resources are ﬁnite, that people, communities, societies, and ecologies are connected and matter to each other.