iSPIRT Governing Framework

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The iSPIRT Governing Council (GC) is responsible for upholding these governing principles and ensuring integrity across the board. The GC is about empowerment, not control.

The iSPIRT Governing Council (GC) is responsible for upholding these governing principles and ensuring integrity across the board. The GC is about empowerment, not control.

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  • 1. iSPIRT Governing Framework Bharat Goenka, Jay Pullur, NaveenTewari, Sharad Sharma,VishnuDusad Ver 5, 6th Apr 2014 Ver 4 1st Feb 2014 Ver 3 11th Jan 2014 Ver 2, 16th Oct 2013 Ver 1, 24th Sep 2013
  • 2. Third-Gen Industry Body CII, FICCI, ANA NASSCOM, IeSA, IAB, MMA, TechAmerica FSF (Free Software Foundation), Open Software Initiative, Invisible Children Initiative ----- SOPA Campaign (e.g. Wikipedia Blackout) Our influence will come from: - Deep Expertise. We are the Brookings Institute for Indian Software Product Industry and are able to shape policy. - Representation. Right now we represent the “movers and shakers” of the industry. Over time we’ll have the broadest representation in the industry. - Platforms. Our market catalyst platform like iSMB program, M&A Connect program and InTech50 are are “public goods” that drive growth for Indian software product companies. 2Governing Framework 6Ap14
  • 3. iSPIRT is a Collection of Causes • iSPIRT is a 10-year journey; we take a long view on building the Indian Software Product Industry (SPI). • There is no silver bullet to improve the SPI ecosystem. Multiple initiatives are needed. Each initiative is derived from a “cause” and has its own success metrics. • We are believers in deep impact. We would rather touch fewer participants (entrepreneurs, policy makers, buyers) and make a big difference to their lives than go after shallow engagement with many. • We have faith that each cause will make a contribution to the larger good and don’t seek to tease out the specific contributions. – For example, M&A connect will improve early stage funding which, in turn, will reduce mortality and improve ecosystem outcomes. 3Governing Framework 6Ap14
  • 4. Our Governing Principles Causes/Goals/Strategies/People may change but core governing principles remain unchanged. They clarify our thinking when we come to a confusing fork in the road. We hold ourselves to 3 good-governance principles: • Radical transparency – this is crucial to continued operation of our “peer production” (volunteer) model • Polycentric governance aka Panchayat system – iSPIRT is bigger than any one individual • Open-Access Public Goods – we work for many and not for any one company, no matter how important it might be We will actively weed out any violations to these governing principles. 4Governing Framework 6Ap14
  • 5. iSPIRT Governing Council Intent Resources Plan/Action Review/Feedback Donors Yes GC Yes Yes Fellows Yes Beneficiaries Yes • GC is about empowerment rather than control – Holds iSPIRT to its Governing Principles and ensures integrity across the board – Helps clarify objectives – Aligns timelines to seek synergy across initiatives – Allocates resources and leads donor campaigns – Demonstrates collective responsibility – has no silos internally – Is responsible to Industry at large not just to Donors – Are the spokespersons for the Industry • GC follows polycentric governance and is a panchayat of 5 members 5Governing Framework 6Ap14
  • 6. What is Ecosystem Success? • NIC code for Software Product Industry in India • Accelerated growth of the SPI – We seek to create healthier power-law distribution of big and small firms – iSPIRT’s market catalysts help companies scale – Measured by Market Capitalization (not revenues) • India as a global hub for SPI – Bigger than Israel in M&A (not startup density) – Measured by number and value of M&A deals • Strong software products culture – Where tacit knowledge thrives and drives success – iSPIRT Playbooks Pillar is ‘Cricket Australia’ of SPI – Measured by Market-Product Fit Velocity (to capture reducing gestation periods over time) 6Governing Framework 6Ap14
  • 7. GC Member Expectations • Stays abreast of initiatives that have been resourced and those awaiting resourcing • Able to inspire Fellows, Mavens, Sarathis, etc. • Cascades values of integrity, transparency, public goods and polycentric governance • Strategic thinker at industry level • Spokesperson for the industry • 3 year tenure 7Governing Framework 6Ap14
  • 8. iSPIRT Internal Operating Routines • FC/Donor updates – Monthly call – Quarterly f2f meeting – Quarterly Financial Report • Fellows meetings – Monthly for coordination and cross-pollination – Standup calls within each initiative • Policy creation and consultation – Every policy position of iSPIRT goes through a consultation process • Annual iSPIRT Letter (aka Bill Gates Foundation) 8Governing Framework 6Ap14
  • 9. More Reading • Peer Production: Prof. Yochai Benkler - Coase's Penguin, or Linux and the Nature of the Firm • Effectual Leadership: Prof. Saras Sarasvathy - Effectuation • Polycentric Governance: Prof. Elinor Ostrom – 2009 Nobel Prize Lecture • Knowledge economy – “ideas, people and things” as the relevant factors of production in place of the traditional factors of land, labor and capital: Paul Romer - Knowledge and the Wealth of Nations 9Governing Framework 6Ap14
  • 10. Thanks! Governing Framework 6Ap14 10