Liquid DemocracyElectronic direct democracy (EDD) Direct Digital Democracy (DDD)
The Economists Democracy Index as published in December 2011, with greener colours representingmore democratic countries and clearly authoritarian countries in dark red.
Deﬁnition• Governance is the way rules are interpreted, implemented and changed.• Principle of separation of powers: • changing of rules (aka Legislative) • implementing of rules (aka Executive) • interpreting of rules (aka Judiciary)
Case Study: Ignite OÜ Employees • self-motivated • self-organized • approves rules by vis y voting ion enc • can challenge rules at su cc par es ss ns any time to tra rie s Management• demonstrates leadership review vision with management yearly Shareholders• is on top of the situation • owns the vision• has action plan for vision • designs basic rules• co-ordinates activities • arbitration and ensures proper gets approval for strategy/goals and needed execution funds quarterly
Rules - what rules?• company rules• in general, there are no limits ...
change in action example 1: challenging a rule More lab time? Workgroup works out new rule Shareholders check proposal is complete No Workgroup present initiative to employees No Vote OK? Yes Yes New rule is implemented END
Conclusion• goal for making governance agile in corporations should always be employee empowerment and involvement in decision process• keep it in the middle of a triangle of * authoritarian style * no rules at all * over-regulation• remember to keep balance of powers and live by the ideals of equality and liberty• keep a simple and non-complex decision process
Tips• shareholders must be involved operationally (more than just investors)• aim for employees self-organization but don’t bet on it• managers must be experienced and knowledgeable in implementing strategy• rules must apply equally to everyone: managers, employees and shareholders
Agile Governance v0.1a features• gives the power of change to everyone• facilitates open discussion of issues• makes it possible to de-regulate over- regulated systems• makes it possible to break-up stuck processes• tames the “traveling” manager syndrome
Agile Governance v0.1a known problems• legal issues i.e. IANAL
Finally Remember, today’s solutions give birth to tomorrow’s problems. improve improve improve :)