For Annual Planning, Investing Beats Budgeting
Hi everyone. I wrote this piece on how, at ConsenSys, we've used principles from venture investing to come up with a better budget process. One that gives teams more flexibility and autonomy, and is more transparent for the org. It was designed to help us do budgeting in a way that supports our broader desires to decentralized the company.
Today, we are launching another course in the Corporate Rebels Academy: “How Buurtzorg Works.” This inspiring case study of highly successful self-management explains how Buurtzorg, an organization with over 15,000 nurses, has pushed the boundaries of home health care in the Netherlands by operating with 100+ completely self-managed teams.
The 2022 FIFA World Cup has been appearing in the news for all the wrong reasons and is already one of the most controversial sporting events that have been organized. There have been many concerns about Qatar’s suitability as a host country but even more touched on is the treatment of workers hired to build the infrastructure. This is something that FIFA should have been aware of when the decision was made to host the event in Qatar due to the knowledge that the country relies heavily on migrant workers and its exploitive labor system.
For the last two years, we've been working on a book about Haier, the Chinese manufacturing firm reinventing management as we know it. Writing this book was a long, interesting, and intense process, but we managed to wrap up the final manuscript of the book earlier this year, titled "Start-up Factory." Although the book will only be published in September 2022, we gave Corporate Rebels Academy community members early bird access to the final manuscript. Here is a selection of their reactions to the book.