Sunday February 5, 2012

March 11, 2010

BBH Labs’ Mel Exon on The Economies of Small

“What if, instead of thinking about sourcing from the crowd, we reverse engineer that thought. In other words, why not send the company out into the crowd?

As [Cory] Doctorow’s character Kettlewell (more force of nature than human being) puts it:

‘Our business plan is simple: we will hire the smartest people we can find and put them in small teams. They will go into the field …capitalized to find a place to live and work, and a job to do. A business to start. Our business to start. Our company isn’t a project that pull together on, it’s a network of like-minded, cooperating autonomous teams, all of which are empowered to do whatever they want, provided that it returns something to our coffers. We will explore and exhaust the realm of commercial opportunities, and seek constantly to refine our tactics to mine those opportunities, and the krill will strain through our mighty maw and fill our hungry belly. This company isn’t a company any more: this company is a network, an approach, a sensibility.’

In our world, we regularly talk about the agency of the future being a ‘networked’ agency, if it isn’t already. It’s not who you employ on the payroll, it’s who those people are connected to on the outside. Only Superman can ‘do it all’ at warp speed, the rest of us need strong, mutual partnerships and a bucket of caffeine. Well-managed crowdsourcing takes that a step further, enabling a kind of controlled serendipity: potentially speeding the process to commercial & creative gain. Co-creation is a strand of crowdsourcing that can lead to physical production in many cases—think Nike ID and the rest. At the root of both is a flattening or democratizing of media and, to some degree, production.”

Source: The Economies of Small

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