The Great Disruption is on. Globalized, kleptocratic powers are trying to control the change by grabbing the monetary system while at the same time the Web has enabled empowering, grassroots initiatives like Kiva.org to spring up. As stock prices plummet and currency fluctuates, even the unwashed masses, who never understood derivatives, are realizing that money has no real value. That’s good because two types of organizations don’t need a lot of money.
First, a lot of Web services start with sweat equity and their service fees fuel organic growth with little need for investment until they are are already proven businesses. Second, natural enterprises, based on community, continue to spring up all over. Starting your own small business is one way to deal with down-sizing. In our town we have witnessed the launch of an organic bakery, a community supported agriculture association and a green builders cooperative in the past few years. All three are growing. At the same time, I’ve seen local web-based businesses going global with niche products and services.
A presentation from CFIB this week showed that 1) Farmers and 2) Small Business Owners are the most trusted professions in Canada. Investment bankers did not even make the list. So who is going to suffer from any future lack of talent, the big guys or the little guys? The big firms can only offer money, while smaller businesses usually offer lifestyle and a sense of doing something worthwhile. If we enter into a period of currency devaluation, then money will be of even less value. The barter system actually works at the local level.
In the networked, always-on workplace, community is king, as it has always been at the local level. Today, organizations, public, private & non-profit, need to connect with their communities. People are already doing this on the Web and it’s becoming unnatural to go to work and not be connected to our communities. Workers only surf the Web or play solitaire when they’re disconnected from their work. Keeping people connected and engaged is the great challenge, especially for larger organizations. This can be a role for the training department, but I’m not sure if most are up to it.
To weather the great disruption a successful organization will have to be more like 1) a web-based service company and 2) a small, community-based business. It will have to be nimble and remain small, or small-thinking. That means breaking down silos and giving autonomy to sub-organizations. It also means sharing and enabling people to connect on a human level, not with some document or policy. The future belongs to an organization that can think like a small business, where your word is your bond, and at the same time act as an inter-connected global citizen.
