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14969835
How Blockchain will change organizations
Description
Tapscott, Tom; Tapscott, Alex. MITsloan Magnagement Review. Winter 2017 ISSUE.
No tags specified
blockchain
globalization
internet
ecomerce
Mind Map by
Cecilia| Velazquez
, updated more than 1 year ago
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Created by
Cecilia| Velazquez
over 5 years ago
Copied by
Cecilia| Velazquez
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Resource summary
How Blockchain will change organizations
Porpouse in your live is the key to drive you to leadership
the path to greater well being
Key on a volatil and ambiguos world
The problem is that less than 20% of leaderships have a sense of porpouse
another one is to put porpouse in to action
The solution is to mine your life story for major themes that reveal your life long passions and values
Look for porpose statements that energizes you
Develop the porpouse to an impactplan
Use meaningfull language to you
Focuse on big pictures ands shorter term goals
Enphasize your strenghts
A holistic view of work and family will help
Your leadership porpouse is who you are and what makes you distinctive
Is also your brand
It depends on how you do your job
Your strenghts and passions
What every one recognizes as unique on you
your core leadership
strings from your identity
the scene of who you are
Find it is not an easy task
constantly bombarded by mesages about what we should be
Remember what you llove to do as a child
Your challenges in life
what you enjoy to do
See the impact that you will make
Find your motives to do
focuse on hoy to do it
What kind of leader you will be
add personal life
list activities that give you leadership porpouse and ambitions
find key relationships
Summary: Think on long and short term goals and stick to them
See wht inspires your courage, commitment and focus
Trace two term perspective to create significant impact
Operate with leadership porpouse
Create porpouse statement
Write esplanation
Set 3 to 5 year goals
set your goals
Set one year goal
Map critical nest steps
examine key relationships
Blockchain offers exchage of values trhought internet
Change on nature of companies
How they are founded
how they create value
how they perform basic functions
marketing
accounting
incentiviceng people
eliminating magnagement functions
Internet is designed to move information but not to do transactions
Is vulnerable to crashes, froud and hacks
It depends on intermediaries to provide it
Advantages
Distributes all around the world
Is public, any one can see it
is encrypted to mantain security
Internet is trascending costs of magnagement "agency costs", by reducing them
Oganizing production
Market investigation
negotiating contracts
It will eliminate transacrtion costs using resourses inside and outside
jobs data will be stored in secure bases and personal information will be easily to share
Finance and accounting will travel across the web and in web sites,
making possible to search company records
Search for posible contractors and peers
Much less serendipity by making precise queries and results
Will facilitate contracting in both short and long therms
Trhu smart contracts tiggering allerts and ensuring payments
a contract hub supporting servicess
cocifiying smart contracts and relations between companies
finantial statements will transparent the enterprise
Share holders and regulatory agencies will be able to eximine
Institutional investors will have credit dashboards based on facts
executives will be able to identify people, also companies records
Disrupt the global financial systems works integrating prices
Equity trough a proyect that works by ins own
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