Companies of the future: No CEO, no boss, managed by blockchain

We can get rid of bad bosses once and for all. At least that’s the promise of a radically new type of organization based on blockchain technology.

It’s called a Decentralized Autonomous Organization and it has no CEO, CFO, or VPs.

In fact, there’s no hierarchy at all. Of course, any time you bring people together in a group, there are bound to be politics, but it won’t be the “command and control” structure that most of us are used to.

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Do companies work better without bosses?

flat company

The only way to run a no-manager company is very publicly.

Ryan Carson broke the big news when he was presenting Treehouse’s latest numbers to investors. In the middle of the presentation, one investor stopped and asked, “Wait, who reports to who?” “My co-founder [Alan Johnson] and I just kind of looked at each other and laughed,” says Carson. Then they fessed up. “We said ‘No one reports to anyone.’”

 

 

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