Tuesday, November 23, 2010

The Bossless Organization wins the M-Prize!

Way back in May, I submitted the Bossless Organization concept to the Management Innovation eXchange community as an entry in their M-Prize contest.  The community was founded by Gary Hamel - ranked by the Wall Street Journal as the world's most influential management thinker - to pioneer Management 2.0.  Last night I received notification that I was one of six winners out of hundreds of submissions:
I'm so pleased to inform you that you've won an M-Prize for the Hack you contributed to the MIX:  The Bossless Organization: From Bosses to Mentor Investors

We combed through hundreds of contributions from MIXers from around the world and from every kind of organization—looking for boldness, originality, thoroughness, and the ability to inspire and instruct in equal measure. We certainly found those qualities in your contribution!

The official announcement of the winners is tomorrow morning (10am EST). The McKinsey Quarterly will publish an article about the M-Prize and will send an alert to hundreds of thousands of subscribers. We'll celebrate you and your fellow winners on the MIX home page, M-Prize page and in a series of blog posts from me and Gary Hamel. You'll also receive recognition on the MIX and the Quarterly's Facebook and Twitter streams and in a variety of our partner's forums (from the Wall Street Journal to opensource.com). We'll keep you posted as these announcements go live. And, of course, you are now a lucky ticket holder for the 2011 World Innovation Forum.
Judges for the M-Prize included CEOs and thought leaders such as Harvard professor and former Medtronic CEO Bill George, W.L Gore's CEO Terri Kelly, Whole Foods' Founder and CEO John Mackey, "Future of Work" MIT professor Tom Malone, and venture capitalist Leighton Read.  I'd say that's quite a list of endorsements!

You can read an extended blog post about the contest and the winners here: "Announcing the M-Prize Winners: Audacity, Imagination, Experimentation"

I have to say I was surprised and stunned to receive such an honor.  It is an incredibly exciting development, and one that I hope acts as a spark to get more organizations to experiment with management 2.0 concepts, including the Bossless Organization.  If the concept is something of interest to you, please drop me a line (tgattis (at) openteams.com), most especially if you might consider trying it inside your own organization.

Update: The McKinsey Quarterly has published their article on the M-Prize winners here, including a sidebar on the Bossless Organization.

Update 2: Gary Hamel summarizes the Bossless Organization in the Wall Street Journal here.  See the second item.