Thursday, May 27, 2010
Non-profits will win
I'll put a small bet on this: Not-for-profits in traditionally profit-oriented commercial sectors will begin to win. You don't need big money to succeed (which increasingly you don't), but just need the right small group of people. Then they can form a not-for-profit, still pay themselves wages, and do what they want to do. Without having to bring returns to shareholders, the need for money becomes far less, and people can pursue the tech/work first, money second, rather than money first, tech second. Good people in nimble orgs with a "be excellent" motive will beat the profit motive I think.