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* Reserve funds
* Reserve funds
* Continuity of operations plan
* Continuity of operations plan
==Workspace==
How shall we move this forward?  . . . .


==Wikimedia==
==Wikimedia==

Revision as of 02:10, 11 July 2008

ChristianityThis is a rough draft.

This plan will only work if many people contribute. If they do not, this simply will not work. Funding will come from a diverse size of monetary investments, from perhaps a few dollars to an unlimited amount. The products that will be used to create a return on investment will be created by and decided upon by the investors and community involved in the business.

Anyone can join this organization, and anyone can help fulfill the mission that is decided upon by the participants. This fits into Wikiversity because this business will be about teaching and learning whilst working towards the mission.

Mission

"Our mission is to help alleviate problems in the world through innovative and collaborative means and to learn and better ourselves during the process"

Marketing

For each product:

  • Name, features, why substitute, why proposed product better
  • Switching costs and why new product justifies switching
  • Expected adoption dynamics
  • Expected role once market begins to develop (see above for existing products)
  • Chosen price points
  • Proposed
  • Research supporting chosen price points
  • List of major distributors
  • Current status of negotiations
  • Manufacturing/deployment

Finance

The basic economics of this business are important. From start to finish, this business will utilize the wiki. There will need to be policies and guidelines specific to this business. Be civil. Act in good faith. Assume good faith. Don't revert. Don't delete. Play around be creative.

Everyone decides together (consensus) how money is allocated. Everyone decides what projects are funded. People stick to what they are good at (and can teach others) and what they want to learn about.

Intellectual property will be licensed in an open manner. Duel GFDL, CC-By-Sa probably.

Finances are of importance.

Everyone earns a share in the profits depending on how much they invest.
Nano-investing will be utilized.
Share of profits = (% of Business owned) * (Net earnings - a certain % reinvested in the company)
% of business owned = (An individual's investment) / (Total all owners have ever invested)
Collaboratively, stock/credit will be allocated based on consensus related to merit.
  • Micro investments...
Everyone earns a share in the profits depending on how much they invest.
Share of profits = (% of Business owned) * (Net earnings - a certain % reinvested in the company)
% of business owned = (An individual's investment) / (Total all owners have ever invested)
  • Financial portions of the marketing, asset development, and operations are often placed in this section rather than in the section discussing the specific aspects of the plan. They are viewed as elaboration on the various line items in the pro-formas.

Operations

Divisions

Hypothetically, divisions we may be interested in developing.

Energy
Aerospace
Media
Technology
Agriculture
Automotive
Manufacturing
Construction
Engineering
Natural resources
Finance
Marketing
Real estate

Organizational learning

Once capital is accrued utilize those desiring to learn, and where someone can't fulfill a role in a safe learning capacity, hire someone to do it and teach others how to do what they are doing when appropriate.

Please add...

The organizational learning plan discusses what lessons will be learned from the marketing, operational, and finance plans and how those lessons will be consolidated to gain strategic advantage.

  • Market sensing - organization's method for collecting information about customers (George Day)
  • Strategic staircase - the accumulation of future competencies by building on existing competencies. (Michael Hays, Costas Markides)

Organizational memory

Information technology

Could most all of this be on wiki? There would need to be privacy measures put in place for some things most likely. Well, as of right now, all of it.

Suppose we wanted to deliver a product...

Wikis...

  • Systems needed
    • Operations: Billing, HR, SCM, CRM, Knowledge bases, etc
    • Websites: internal, public
  • Security and privacy requirements
  • Hardware requirements
  • Off-the-shelf software needed
  • Custom development requirements

Decision making criteria

Funding is done collaboratively and at a micro to macro scale. Additionally, the finances of this business are totally open all the time.

Everyone who puts monetary or human (work) capital into the business will a chance to influence the outcome. All decisions are made by consensus, including compensation and returns. The actual consensus mechanism could be formal (an electronic vote through a voting system [like board elections] or simply on wiki.

The actual mechanism to spend monetary capital could have a more formal system. We give a trusted member of the community who is going to execute the purchasing, using the capital, on behalf of the business the ability to do so. And this is done through member's of the business who are eligable to vote all agreeing through a formal mechanism to all a certain member to spend "x" amount of dollars on "x" item/items/service and use it for "x" purpose. Then proof that the item was used for such purpose could be done through receipts, photos, video, or simply reminents, in the sense that is physically in a certain location where all could go see it.

Risk analysis

For both companies and consumers that participate in on-line business, security concerns are very important. Many consumers are hesitant to buy items over the Internet because they do not trust that their personal information will remain private. Recently, some companies that do business on-line have been caught giving away or selling information about their customers. Several of these companies have guarantees on their websites, claiming customer information will be private. By selling customer information, these companies are breaking their own, publicized policy. Some companies that buy customer information offer the option for individuals to have their information removed from the database (known as opting out).

  • Potential threat to market share - advertising companies
  • Slower than expected adoption
  • Operational risks
  • Staffing risks - embedding the right candidate for the right surgeon
    • Availability of skilled workforce - x-pharma reps, x-equipment reps
  • Financing risks
    • Liabilities
    • Investor pull-out
    • Lack of follow-on funding to complete project
  • Managerial risks
    • Poor board or investor dynamics
    • Agency risk particular to the venture
  • Methods and procedures to limit liabilities
  • Reserve funds
  • Continuity of operations plan

Workspace

How shall we move this forward? . . . .


Wikimedia

See also

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