Thanks for sharing this @Lavi, @mel.eth and @sixtykeys.
I’m firmly in support of launching a Governance Operation WG - as since IC has taken over IIP responsibility from Set, governance ops have not clearly fallen into the remit of any existing WG at Index Coop.
However, I do think Matt raises some interesting questions on cost. Since its inception, the cost to the Coop for Goverance related activity has been as follows:
- Jan - July- $0 per month total
IIP process maintained by @anon10525910 and @puniaviision (estimated 5-10% of their time per week) - July - August, $3,000 per month total
I was running the entire IIP process for Index Coop in addition to my role as POC WG Lead, Autonomy, Funding Council support etc. Average of 14 IIPs per month + process improvements, in total taking about 15% of my time on a weekly basis - September & October, $4,150 per month total
I launched the Goverance Rep role. This priced the role with a fixed stipend plus reward per IIP taken through governance.
November+, $28,000
Cost of GOWG proposal.
Now I appreciate I was probably a bit stingy when I designed the Governance Rep reward framework…
So just confirming my understanding of the specific additional activity/initiatives you be undertaken as part of this WG to justify an approx 400% increase in budget required by this function.
The key things seem to be:
How confident deal you feel that all this activity is value add? What would you remove if you were looking to save budget this upcoming quater?