My recent entry in the Beyond Bureaucracy Challenge
Part 2 of the McKinsey HBR M-Prize is called the The Beyond Bureaucracy Challenge. I have lodged a entry The Management 3.0 “Central Brain” platform enables integrated Digital Ecosystems spanning organisations, industry, national and global endeavours.
Background: Part 1 of the M-Prize
In the first leg of the Harvard Business Review-McKinsey M-Prize for Management Innovation, we’re inviting management innovators from around the world, in every realm of endeavor to share the most progressive practices and disruptive ideas that illustrate how the governing principles and tools of the Web can make our organizations more adaptable, innovative, inspiring, and accountable. Do you have an instructive case study (a Story) or an experimental design (a Hack) that demonstrates how Web 2.0 values (including transparency, collaboration, meritocracy, openness, community and self-determination) can be unleashed to overcome the design limits of Management 1.0—and help to create Management 2.0?“
My three applications were:
- Equity Market 4.0: A ‘Central Brain’ to organise community innovation, collaboration, wisdom and effort to achieve a global capital market
- Economic Development 4.0: A ‘Central Brain’ to organise community innovation, collaboration, wisdom and effort to prioritise and achieve global outcomes
- Management 3.0: The Web 3.0 “Central Brain” to coordinate innovation, collaboration, workflow and outcomes across industry and across the world. This application was a quick application. The “Beyond Bureaucracy Challenge” entry is a significant improvement on the same topic.
In the second leg of the Harvard Business Review-McKinsey M-Prize for Management Innovation, The Beyond Bureaucracy Challenge seeks to advance progress on making organizations genuinely fit for human beings—more inspiring, open, and free. We invite management innovators from around the world in every realm of endeavor to share the most progressive practices and disruptive ideas …“
All four applications are listed here here