We’re in a new era (or at least the early days of a new chapter)—not just a new period in our technological history but also a new paradigm for how people work and contribute to solving problems. One significant challenge I’ve found in working with leaders is that most organizations are not designed to adapt—let alone thrive—in this new era. By Jen Kelchner.
With the rapid emergence of Web3 technologies and the rise of open source software as the basis for these advances, author sees multiple challenges every organization can turn into epic opportunities immediately. This article then explains:
- What is Web3?
- Challenge 1: Distributed workforce and systems without an updated organizational model
- Opportunity: Improve autonomy, resilience, and adaptability through decentralization
- Challenge 2: When trapped and untapped value exists, it can limit the growth and development of the organization
- Opportunity: Releasing the regenerative value of capabilities and capacities
- Challenge 3: It’s all so new and overwhelming
- Opportunity: Gain insights from data, establish trust, and build the future
- An open and regenerative organizational culture can optimize the benefits of decentralization
Open approaches tend to espouse granularity, flexibility, and reusability. Open source cultural practices organize around transparency, participation, and community. The open organization characteristics, for example, elevate the idea of people coming together to actively participate and co-create in a community. Nice one!
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