Financial Process: Difference between revisions
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=Process Design= | =Process Design= | ||
==Specifications== | |||
*Radical Transparency | |||
*ongoing balance sheet. Visible to Core Team. Shareable with outsiders on demand. | |||
*Monthly income and expenses. Visible to world. | |||
*True Fan Revenue - updated every month in a clearly visible graph | |||
*10 Month Budget is visible | |||
*Annual Reports Visible | |||
*Budget Rationale - $2.1M+Org Infrastructure | |||
*Prototyping Cost - Total prototyping money spent vs. number prototypes built. Goal: if the cost falls, that means we are succeeding at collaborative.mission-aligned development. | |||
*Core Project Efficiency (total expenditures vs. prototypes built) | |||
*Receipts saving policy | |||
*[[Document Retention Policy]] clear | |||
*Revenue generated from Product Sales. | |||
<html><img src="https://docs.google.com/drawings/pub?id=1m2T4cjVVZ03Io48_6M2KXik5QXil2zzTNG66CF3Pqo4&w=749&h=383"></html> | <html><img src="https://docs.google.com/drawings/pub?id=1m2T4cjVVZ03Io48_6M2KXik5QXil2zzTNG66CF3Pqo4&w=749&h=383"></html> | ||
Revision as of 20:32, 21 October 2012
Process Design
Specifications
- Radical Transparency
- ongoing balance sheet. Visible to Core Team. Shareable with outsiders on demand.
- Monthly income and expenses. Visible to world.
- True Fan Revenue - updated every month in a clearly visible graph
- 10 Month Budget is visible
- Annual Reports Visible
- Budget Rationale - $2.1M+Org Infrastructure
- Prototyping Cost - Total prototyping money spent vs. number prototypes built. Goal: if the cost falls, that means we are succeeding at collaborative.mission-aligned development.
- Core Project Efficiency (total expenditures vs. prototypes built)
- Receipts saving policy
- Document Retention Policy clear
- Revenue generated from Product Sales.
Links
- Reporting - OSE Financial Transparency