Last week I received a heads up about a new web application launching today from a company called BetterMeans with an impressive goal: to build the infrastructure (processes, technology, governance, etc.) to make an open organizational structure like we talk about here on opensouce.com a reality.

From their website:

BetterMeans.com is a web platform where people can start and run companies in a new decentralized way.

- Teams self-form, self-organize, and self-manage using an issue-tracking tool
- There is no management class, only natural hierarchies.
- Leadership emerges organically by users earning other users’ confidence
- Compensation is based on contribution
- Strategy and ideas are crowd-sourced
- There’s full accountability and transparency. Relationships are built on trust.
- Ownership is distributed
- Capital allocation and decision-making are decentralized

If a traditional company was a network architecture, it would be client-server.

We’re building a platform for peer-to-peer companies that are more agile, resilient, and innovative.

The video below explains what they are doing and why.

[Read the rest of this post on opensource.com]