First Principles of a Successful Organization
By Sumay and Mr WEquil
Written on WEquil Live ... https://youtu.be/ov3CXkQ0HhQ
Organizations formed the beginning of civilization. Before organizations existed there were only two precedents for humans coming together to achieve a shared purpose...the family and the tribe. These two examples met the definition of an organization, but lacked an ability to create new purposes beyond survival until the Cognitive Revolution. Today there are limitless and growing numbers of organizations with a shared purpose around supporting a country, entertainment, learning, cryptocurrencies, family, neighborhoods and the list goes on.
What are the first principles that help organizations succeed? That is the question we try to answer in this article. We believe the answer comes down to three qualities….community, cost to collaboration, and incentives to contribute.
Community … shared mission and values
The first principle of organizations is having a shared mission and values. This is because you need to have some sense of cohesion within the community in order for people to feel a connection with each other to work towards a goal. This is also very important so people have a shared tribe which is very important and related to the cognitive revolution that allowed humans to work in tribes larger than 100 people.
Cost of collaboration and knowledge sharing
The second principle of an organization is to have a low cost of collaboration and knowledge sharing. Before the internet and tools such as Zoom and Slack it was extremely hard to collaborate and form organizations with people that were far away from you. However the digitization of organizations has now dropped this cost to communicate virtually to almost zero allowing collaboration and organizations to stretch worldwide. This is a principle because you need people to be able to easily work together in order to form a successful organization.
Incentives amongst members to contribute
The last principle we will be talking about in this article is incentives amongst members to contribute. In order for an organization to function successfully you need some form of incentives for members to actually be a part of that community. Whether this be a shared sense of identity and purpose, monetary incentives, shared values, shared relationships, this is necessary for a successful organization to be formed.
In conclusion, we believe these are first principles that govern the success of an organization. There are many ways you can go about implementing these into your organizations and will vary a lot based on what you are trying to accomplish, who is in your community, and how they are incentivized to be a member within your organization. We are trying to use our understanding of these three principles to help nurture the WEquil Group, our decentralized learning community. Our mission is to help members follow the Path of Equilibrium balancing their unique strengths, interests and passions with the wants and needs of the world. You can join our community by going to wequil.com.