The company has never been more effective. Google competes at the top level in almost every technology category, SpaceX plans a vacation to Mars,and Amazon conquers the retail industry worldwide.
However, will they all survive for another 200 years? Probably not. Very few companies do it, regardless of how much they get. From 1950-2009, Older companies die at about the same rate as younger companies.
Does anyone expect one of these companies to grow to 100 million employees and integrate their entire business vertically? Overall, I talked about Amazon metal mining, using that metal to build manufacturing equipment, using that equipment to produce goods, then selling these items on Amazon.com.
Probably not. Such an organization would be too complicated to manage. Mining metal and manufactured products is a profitable venture, but Jeff Bezos understands that this activity adds complexity to businesses that Amazon cannot. He gladly contracted the work to another company, which allowed them to profit.
Traditional hierarchical corporate structures function, but have weakening limits when it comes to information processing. By this, I am not referring to the typical financial and operating metrics used by data engineers to create dashboards, but rather information such as unique ideas, employee morale, the objective value of specific outputs, how one outcome impacts another, and so on.
As a centralized organization grows, it faces challenges when the amount of important information in the system, and the distance that information must travel, grows exponentially. The practice of delegating traditional responsibilities is not enough to counteract the resulting impacts. There is still too much data, most of it is lost along the way, and the people on the receiving side cannot interpret, and act, all adequately.
In response to this problem, innovative companies are increasingly embracing a more decentralized framework such as Holacracy, Agile, and Sociocracy 3.0. The thesis of these models is that complexity can be managed when small teams are empowered to independently make "on the spot" decisions, which increases the speed and quality of decision making. The system also establishes explicit communication protocols that increase the transmission of important information from one team to another.
Geoma Da, a software development and consulting company that focuses on the future, strives to create the best of both worlds by turning large companies into networks of autonomous teams that resemble companies. By creating an internal currency to act as a safe deposit for one US Dollar (or any external currency) and bookkeeping at the team level, we can utilize the power of incentives, feedback loops, value signals, and heterogeneity within the company. The result is unlimited scalability, reduced risk of disruption, and rapid, emerging, and constant innovation.
In the framework of Geoma Da, budgeting becomes more like fundraising, and budget approvers become more like venture capitalists. Every team, from the human resources, to the legal team, to the product team, and so on, must be expected to add value to the organization and therefore must be able to find "customers" who want to validate their contribution by paying for it.
I am not saying that everyone must be their own business, but a self-determined team will emerge and grow until they reach a natural point where complexity becomes limited: maybe ten, one hundred, or a thousand people. These teams can operate as hierarchies, holacracies, agile teams, bureaucracies, or whatever suits them, and they will deal with other autonomous teams in the network.
It is important to recognize that free markets can be very counterproductive. To maximize organizational performance, there must be some incentive for collaboration in a network that does not jeopardize a healthy level of competition and autonomy. For this purpose, "companies" can subsidize internal transactions, or may require approval to, and / or collect taxes on, external transactions. We will also explore monetary incentives based on overall network performance, reputation systems, organizational regulations, and other mechanisms that drive some degree of network priority and overcome externalities.
If you think you can make a better marketing department, convince one of the internal VCs to invest the seed "money" and do it. Your team's "cash flow" will immediately validate whether your hypothesis is true or not. If you want to hire marketing analysts, you can ... but it's your team's money, so you want to make sure they produce more value than they eat. Incentives are mainly aligned when bonuses are linked to team profitability.
About the project
To make it easier for you to understand, the DAO is a decentralized Autonomous organization. Which does no longer belong to any kingdom in the world, enterprise or organization, which routinely removes from it the shackles of the pyramid management system. Where strength and manage are centred inside a slender class of people. This will now not be the case in Geoma DAO, which is why its whole structure and features will immediately rely on the individuals of this structure, transforming our entire economic and social economy.
After all, the principal project of Geoma DAO is to enhance the well-being and well-being of every character on our Planet, thru the collective administration of all existing processes. Reaching a single consensus by means of balloting for sure changes. This variety of strategy will create a absolutely new and unique financial model, via which all of us will be able to considerably enhance our entire health, energy, insurance plan and agricultural industries. Which in themselves are the imperative factors of a decent lifestyles for a modern person.
I suppose you will agree with me, because we all want to stay in harmony with each the environment and the social environment. When we have the probability to devour excellent and natural food, and not this periodic table, which is clogged our supermarket shelves. At the same time, we will get hold of respectable clinical care, thanks to which we will be certain of the perfect country of our health. As well as the usage of other strength sources at an low-priced rate and besides damage to our whole environment.
What is virtually evidenced via the first part of the title of this mission Geoma DAO where GEO is the Earth, and MA management.
Features and benefits
To become a section of Geoma DAO, you only need to contribute to the improvement of the entire ecosystem, after which you will mechanically have get right of entry to to the balloting method for the duration of which sure selections involving the discussed methods will be made. Moreover, as I said earlier, Geoma DAO intends to cowl all the most necessary areas for society, for the duration of the development of which the entire of our lifestyles will alternate qualitatively. In short, the thinking of creating Geoma DAO pursues an solely humane goal, thanks to which our society will gain no longer only financial wealth, but also well-being in its most excellent form.
Token
Since Geoma DAO has a decentralized basis, an internal GMD token will be on hand for individuals to take part in this undertaking and receive all votes. Which will be developed on the basis of the Ethereum Protocol and correspond to the ERC-20 token type. This will make it no longer only publicly available,but additionally convenient to store and transfer. At the same time, the total quantity of transport of these coins will be 21 million tokens with an preliminary fee of $ 1 per 1 GMD.
However, the Geoma DAO challenge will have various tokens, and the second one, GMDST, will guide real values expressed by way of real estate, land, water and other meals resources. In a word, the GMDST coin will be created solely for the motive of preserving the balance and value of the entire project. The fee of 1GMDST will be a hundred GMD. At the equal time, the token itself will have a one of a kind certificate confirming its ownership.
Conclusion
Blockchain technology presents an opportunity to decentralize not only the global market, but also the company operating practices of companies that are trying to develop in the next generation market.
Authors: You might have additional problems, such as how a network of independent teams produces 10K that is consolidated, shares intellectual property, and ensures compliance with laws and regulations. These problems, all of which can be solved, are topics for other posts. In the meantime, I urge you to think of ways in which similar challenges of coordination and cooperation are being handled across companies in the current free market economy.
Website: https://www.thegeomadao.com/
Whitepaper: https://drive.google.com/file/d/186LX27VMtGh3Pe6dDSXiIZ7LmvVdyeyP/view
ANN: https://bitcointalk.org/index.php?topic=5216619.0
Telegram: https://t.me/geomachat
Twitter: https://twitter.com/thegeomadao
Youtube: https://www.youtube.com/channel/UCys4E09zDz9xjlyKiBZwr_g?view_as=subscriber
Github: https://github.com/Arthur267
Medium: https://medium.com/@thegeomadao
Linkedin: https://www.linkedin.com/in/geoma-dao-b0a612189/
Bitcointalk username : OFWARE
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2702243
ETH: 0xfb9B7ED726049B6Aa2b570F7aED6C85e447c9540