HOT DAO SUMMER
BY:MELISSA HENDERSON STRUCTURING A DIVERSE COMPANY OF THE FUTURE Companies don’t go global; people do. The emergence of decentralized autonomous organizations, known as DAOs, could replace topdown hierarchy structures with more self-managementdriven strategies. In a recent Trust Barometer study conducted by Edelman, business institutions rank higher than the media and government when it comes to trust. The shade is real. The survey also found that among the 33,000 respondents, they have little trust in societal leaders – including CEOs and journalists – and are more likely to trust local leaders and familiar people within the community. The attraction of DAOs is that they have the range to eliminate barriers to building communities – a range that promotes forward-thinking collaboration embedded in 24
