david spinks: community and the future of business organizations
TRANSCRIPT
Welcome to CMX Summit East!
• Founder and CEO of CMX Media• 7+ years professionally building
communities• 3x startup founder • Mentor at 500 Startups and
Startup Chile and advised hundreds of companies
Who Am I?
Help every willing person and organization on earth to become a more capable
community builder.
Community is on fleek.
Technology has made it easier for consumers to communicate and for companies to
distribute control.
More companies are interested in community.
That’s a good thing.
But We are Faced with 3 Major Challenges:
1. Lack of definition2. Unclear value3. Unsupportive culture
The Traditional Organization
Team
Audience
Product / Service
Feedback
The Community - Driven Organization
Vision
Community
Team
Audience
The Community - Driven Organization
Vision
Community• One entity• Team = Core of
Community• Community and
audience is an extension of your team
The Community Curve
Commitment
Control & Reward
Audience
Community
Team
The Community Curve
High
The Community Curve:1. Commitment2. Control3. Reward
Low
Team
Audience
Community
Community Value
1. Product2. Support3. Growth
Airbnb ( product )
Team
Guests
Hosts
Salesforce ( marketing )
Team
Customers
MVP’S
Apple ( support )
Team
Consumers
Forum Responders
Apple ( product )
Team
Consumers
App Developers
Wikipedia ( product )
Team
Readers
Editors
The Etymology of “Company”
• Late Latin word companio, "companion, one who eats bread with you”
• Society, friendship, intimacy
• Started with trade guilds
• Early humans formed communities in order to survive, outliving the bigger, smarter Neanderthals
• We are wired to seek community
2 Million Years of Research
3 Major Challenges:
1. Lack of definition2. Unclear value3. Unsupportive culture
Build the core, then distribute
control
Team
Audience
Vision
Community
“Community makes your product indestructible.”
– Rob Hayes, First Round Capital
Let the show begin!