This post is a request for feedback on how to improve the Working Group structure before its next iteration.
Working Groups were introduced in March 2020 as a way to enable clear leaders to assume responsibility for delivering meaningful outcomes that benefit the entire Coop. Today, these groups are funded by the Treasury Committee (TC) rather than IIP. Read Laying the rails for Working Groups (WG) v1 for more detail.
This construct has been effective.
“Working Groups” has enabled the following groups to spin-up and execute on behalf of Coop stakeholders
- Growth Working Group II
- Analytics Working Group
- Treasury Working Group
- Product Working Group
- Creative and Design Working Group
- Business Development Working Group [in progress]
Now that we have had approximately 3 months experience, as expected, there are some challenges to address.
These challenge today can be summarized as follows The Treasury Committee (TC) is not best-positioned to compensate Working Group contributors.
Here is how that manifests:
- Inconsistency: There lacks consistency amongst Working Groups and whether they are responsible for paying contributors. This creates confusion and redundancy.
- Reliance on WG Leads: The Treasury Committee is removed from day-to-day operations, often lacks subject-matter expertise. So, it is a poor-fit for assessing contributions. Because of this, there is already reliance on WG leads for clarity.
- Inflexible: The contribution scheme (Monthly, INDEX denominated) is inflexible. This need not be so.
- Non-Scalable: Today, the TC spends approximately 10 hours each month to coordinate, collect, assess, and execute the Treasury Rewards. This responsibility will grow even more as more contributors help working groups, and is not sustainable.
This begs the question, “how do we solve these challenges and improve Working Groups?”
Empower Working Group Leaders to be responsible for deciding remuneration for their contributors.
The Treasury Committee could continue to provide funding for Working Groups, as well as guidance and support to help Working Group Leaders execute.
No matter, I am curious to see folks’ ideas. This post is intentionally not putting forward a hardened solution.
#1 - Solicit feedback - please add replies below!
#2 - After that, I will draft “Working Groups v1.1” to put forward the updated rails for the next iteration of Working Groups