Day: October 2, 2023

Ecosystem TL;DR Survey revealed Americans are ready for decentralization and are wanting more remote work options. A growing need for more workplace independence, involvement in decision-making and flexible work hours and reduced interest in traditional models. We have released a new report that dials into the current sentiments surrounding remote work among American workers, how these trends fit into the emergence of decentralized organizations, and what today’s leading organizations need to take into consideration as the returning workforce carry new expectations in the workplace. You can download the Metis DAO Foundation: Future of Work Survey. The Future of Work? It’s Decentralized Over the past few years, the impact of COVID-19 on how people work represents one of the most distinct and swift shifts the globe has undergone since World War 2. This report investigates the public’s readiness for ongoing decentralization, employment opportunities in the wake of the unexpected, and the rapid shift to remote work following the COVID-19 pandemic. It looks at sentiments around remote work and provides a snapshot into the general public knowledge of DACs and DAOs in the web3 space and their benefit to successful company remote work modalities. In effect, the report asks, “Is the world ready for decentralization?” The following results show the answer is yes. A Byproduct of Remote Work — Rejecting the Traditional Organization Traditionally, decision-making power at a company is concentrated at the top. However, the results of this survey reveal that American workers are twice as likely to want more influence in governing the organization they work for than those who do not. The transition to remote work, while successful for most organizations, also created new discrepancies between workers and managers. According to a research study by the Incentive Research Foundation, despite one-third of managers believing their reports are most productive onsite, close to half assessed their remote and hybrid workers’ productivity higher than that of on-site workers. The same report suggests that workers valued (and were more motivated by) rewards related to the quality of the work, growth opportunities, and autonomy. Consistent with this finding, close to 80% of respondents of our survey said they either prefer independence with moderate oversight (45%) or require a high level of autonomy at work (34.5%). Only 5 percent of respondents reported that they require regular management oversight. Traditional Work is Moving to the Rearview Window Prolonged remote work has created a fertile ground for a new form of organization to take shape: a decentralized and autonomous one. DACs will encourage accountability and transparency, and foster innovation and flexibility– all of which will help organizations grow. The survey results show that a majority of respondents seek all of the things that DACs provide; remote work opportunities, independence from management, and influence over the organizations they work in. With workers antsy for more remote work options and some employers pushing too hard to enforce IRL (In real life) policies, the emergence of decentralized autonomous organizations, businesses, and companies presents an alluring new opportunity for organizations to best cater to prospective and existing employees while also streamlining their operations by bringing a suite of different management tools together on one platform. MetisDAO Foundation released today a new report that dials into the current sentiments around remote work among American workers, how these trends fit into the emergence of decentralized organizations and what today’s leading organizations need to take into consideration as the returning workforce drive new expectations in the workplace. With millennials making up 77% of America’s workforce today, it’s worth noting that survey results indicate that a glaring byproduct of remote work is an overwhelming desire among these workers to adopt new organizational structure and processes. The survey was administered online via the SurveyMonkey platform on November 3, 2022, to study remote work trends among the US general public. Data on gender and age demographics for each respondent were auto-generated via SurveyMonkey participant profiles. The content of the survey instruments focused on identifying the remote work preference of the general public, their knowledge of DACs and DAOs, and their perceived requirements for successful remote work.

Day: October 2, 2023

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The Rapid Growth Of Decentralized OrganizationsIs Coming