RCO: The business form that works like an organism
What if questions could replace our KPIs and companies could legally work like an organism? Companies are one of the most powerful technologies humans have ever invented. But they can no longer maximise profit at the cost of the planet, we need a new approach. This is why Amit Paul, previous member of A-teens and co-founder of Innrwrks, has invented a new legal business form that is inspired to function like nature. By hacking the current system, Amit and his co-founder Nils von Heijne, has found a way to legally register a company new form, called a Regenerative Community Organism, that: Is legally bound towards optimising the best solution towards a certain purpose or question - not shareholder profit Has the autonomy like a business, but the responsibility of a non-profit organisation Just like nature, the company goes through phases of Growth, Maturation, Decay and Death What happens when we incorporated companies in a structure inspired by nature? They come alive. ______ About the guest Amit Paul has had 3 careers in his life. The first entailed selling millions of records and topping the charts starting at the age of 15 as a member of the band A-teens. The second as the CEO of a green chemistry startup aiming to eliminate persistent chemicals in plastics. Currently as a systems dancer and co-founder of a transformation lab with the ambition to transforming business into something that creates a future we want for our kids. This talk draws on his experience of creating and implementing a regenerative hybrid organisational structure - the RCO, that’s grounded in living systems principles. An exploration that led to the discovery of the enlivening power of structuring business around questions.