Collective frameworksPosted: September 13, 2007
If we as individuals have our own frameworks (i.e. collections of our unique life experiences) then a team of individuals should have a collective framework, which affects the groups decision making. The quality of decisions made is in direct correlation with the applicable net worth of the collective framework influencing the decision.
Lets change gears and think about social networks. The old style networks were centered around a single entity, which in the sense of frameworks would be "me, myself or I." The next generation of social networks is not centered around a single entity, but a number of hubs that interlink. Again lets think of collective frameworks… teams should have unique competencies that provide the interlinked hubs. As we study modern networked communities we should try to apply the methods that we create to maximize communal worth also to maximizing collective frameworks. Its a study of social interaction on a macro and micro level. What Web 2.0 Internet communities bring to the research table is the study of quantifiable applicable net worth analysis of communities.
How do we measure the worth of a social network today? If we think of a single node in the network we could say that it is a function of the number of interactions in a given time period and the the quality of the those interactions. Now the net worth of a whole network would be a function of the number of interactions, the quality of those interactions and also how many nodes those interactions touch.
If we think of collective frameworks in a group, we could assess its net worth as a function of the number of collective experiences, the quality of those experiences (the strength and educational value) and how well those experiences supplement each other (in relation to the goals of the group).
Imagine an Excel chart. Lets say that the categories of interesting experiences (first vertical column) are: leadership, management, sales, marketing, technical, administrative, financial and services. Lets award point for these categories based on the number of years of experience multiplied by a quality indicator between 1 and 3. The quality indicator is a rough estimation of the degree of documented success (negative or positive) during those years. Now lets tally up all the individual scores in a group chart with the third column signifying how supplementary these experiences A point is awarded if the experience for a specific category is applicable to the target market. Sum up the third column points and multiply that by the sum of the points awarded in the second column. This final figure could be used as a rough estimate of the net worth of the collective framework in relation to predefined goals. We could assess a number of management teams to form a bell curve. Those in the lower quartile should not waste their money and the upper quartile should call me for a quote ;O)