- Open business
Open business represents a concept of doing business in a transparent way by intimately integrating an ecosystem of participants, collaborating in public space.
Open business structures make contributors and non-contributors visible such that the business benefits are distributed accordingly.
They activate personal engagement and productivity by benefiting the contributors and producers that they can live from it and helping the clients to reduce their costs.
Focused on transparent goods
It mainly focuses on creating "open" products and/or services.
This approach claims to be for the benefit of all and not just for one group or stakeholders, whether shareholders, personnel, government etc.
The risk of bankruptcy of such open-movement businesses is reduced because the fruits of their work remain in the commons and therefore remain as a permanent base for recovering the open business, even in their most critical situations.
Focused on transparent services
An open business can put its focus on services, that are not restricted to open source or open content as e.g. a charity.
A charity that documents all transactions (donations and use of donated money) real-time on their websites in public, has an excellent chance to be more attractive to donors, especially if the name of the donors in social networks (as real names, Twitter-, Facebook- or other branded Online Ids) are made public too. So in this case even the donors participate in the charity as business and beyond by increasing their positive community karma (earning "whuffies") and building their reputation.
The risk of bankruptcy of such transaction oriented businesses is reduced due to the fact, that
- they earn an increased trust by disclosing the cash flow to the public
- get more support by "vested" visible supporters
Central to the concept are:
- Open learning/sharing — a fundamental tenet is open collaboration at all levels in all locations
- Open participation — open invitation to join the organization (similar to SourceForge, Blender community, where individual/team input within the community framework [for special services, consulting, training, adaptions, courses, camps, symposiums, books] can help to build individual income)
- Individual rights — each person is supported and encouraged to identify and optimise their personal development, i.e. technical, personal, spiritual, etc.
- Community focus — productivity activities are seen as part of a range of normal human activities e.g. family life, community life, religious commitments, etc.
- Institution free — the organization is not based on any existing institution - state, religious or otherwise. Members can hold whatever views or affiliations they like.
- Open knowledge — the free exchange of knowledge by making use -as much as possible- of open standards, open source and open content principles.
- Open member details — including open access to the contact details of all other members in a convenient form (i.e. once the range and depth of those details have been approved for release by that particular member)
- Open financials — all accounting information including the compensation of others
- All knowledge and information is free and open between members (but also to the public at large via membership)
- Knowledge and information gets converted continuously from any location into a ubiquitously accessible form (via Internet Browser), converted from
- physical documents,
- individually held electronic documents,
- closed databases, etc.
- Knowledge is built and cared for by the participants of the Open Business
- Knowledge becomes available in statu nascendi, i.e. just when created, not as a secondary reprocessing afterthought (Co-Creating in public a book on Wikinomics )
- Individual pay/income is based on individual social and professional competence, hours worked, performance
- Net profit is split between members, depending on their transparent individual contributions
Business means the state of being busy.The concept of business includes all the activities of earning money.
- Management is just another (moderating and facilitating) role to optimize group processes (as primus inter pares, taking into account the varying individual skills and competencies)
- Decisions rise from a continuous Open Process by consensus building and voting, available to all involved members
- Management roles in projects are rotating (they come from the initiative of appropriate persons, who are selected and approved by the project members)
The degree of freedom to participate may vary:
- Any person may be a member, regardless of their races, sex, religion or political persuasion
- either with the approval of the majority of members or
- simply by an online registration process (with certifying Identity to avoid Identity-theft, like Paypal does it, or Twitter does it now in a beta project)
- the degree of participation depends on social and professional competence and on self regulating transparent business rules, constantly developed and cared for by the whole business community.
- the members may determine more or less their working time and location
- from a rigid: 8-18 Monday to Friday as the expected working availability time
- to a self-determined, synchronized or more a-synchronic schedule as need be (to give more space to individual preferences [creativity, qualification, family, community life, political engagement etc.]).
- Social Business
- Open-Business Model Refinement & Implementation
- Open Business Model (the concept)
- What Business can Learn from Open Source
- Open, but not as usual
- Open Source Software and Open Content As Models for eBusiness
- Open Business Models WikiHive: A project offshoot from Community Wiki and BarCampBank.
- The Open Business Foundation: A project that opens business practices and applies open business models to daily business operations.
- OpenBusiness: A platform for sharing open business models.
- Negocios Abiertos: A project for sharing open business models in Spanish.
- Business models for Open Hardware
Wikimedia Foundation. 2010.
Look at other dictionaries:
OPEN Business Club AG — Dieser Artikel befasst sich mit der (geschäftlichen) Kontakt Plattform XING. Für andere Bedeutungen, siehe Xing. Xing AG Unternehmensform Aktiengesellschaft … Deutsch Wikipedia
Open Business Club — Dieser Artikel befasst sich mit der (geschäftlichen) Kontakt Plattform XING. Für andere Bedeutungen, siehe Xing. Xing AG Unternehmensform Aktiengesellschaft … Deutsch Wikipedia
German open Business School — Dieser Artikel wurde auf den Seiten der Qualitätssicherung eingetragen. Bitte hilf mit, ihn zu verbessern, und beteilige dich bitte an der Diskussion! Folgendes muss noch verbessert werden: Entwerben, ggfs. Relevanz prüfen HyDi Schreib mir… … Deutsch Wikipedia
against open business — index antitrust act Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
Open Innovation — is a term promoted by Henry Chesbrough, a professor and executive director at the Center for Open Innovation at Berkeley. The concept is related to (but distinct from) user innovation, cumulative innovation and distributed innovation.The central… … Wikipedia
Open innovation intermediary — Open innovation intermediaries as described by Henry Chesbrough in his 2006 book Open Business Models are companies that help other companies implement various facets of open innovation . The presence of these firms enables other companies to… … Wikipedia
Open architecture — is a type of computer architecture or software architecture that allows adding, upgrading and swapping components. For example, the IBM PC and Apple IIe have an open architecture, whereas the Apple IIc and Amiga 500 computers have a closed… … Wikipedia
Open innovation in financial services — Broadly we can divide between two sectors in an economy. Where wealth producing sectors are related to manufacturing, the service sector tends to be wealth consuming. Both sectors depend on innovation. Innovation capability and its management are … Wikipedia
Business plan — Corporate finance … Wikipedia
Open Solutions Alliance — The Open Solutions Alliance (OSA) is a nonprofit, vendor neutral consortium dedicated to driving adoption of comprehensive open business solutions. Among its activities, the OSA will work with open solution ISVs, system integrators, and the… … Wikipedia