Article: Can (and should) we automate managers? Written by Ian MacRae Wednesday 21 August 2024 Share Share to LinkedIn Share to Facebook Share via email Decentralised autonomous organisations enable the automation of many functions and lead to flat hierarchies. But they still rely on human judgement, communication and collaboration – all skills that good managers bring to the table The UK Law Commission recently released a comprehensive report on decentralised autonomous organisations (DAOs), a way of organising companies using computer code. The oldest DAOs have now been around for a decade, operating across the internet instead of in physical offices. What is a DAO? A DAO is a way of organising people and finances where the rules are governed and enforced by computer code. In other words, DAOs are a way of managing an organisation whereby many operational functions are completed automatically by computer programs. Anything that can be described and calculated mathematically can be automated. Borderless jobs and agile structures: How to build a future-proof organisation DAOs have been operating for a decade, and according to the World Economic Forum and the Law Commission, the total value controlled by DAOs has increased from USD$380m in 2021 to around $42bn this year. What role for human managers when many tasks can be automated? Login or register below for Free Instant Access Login If you are already registered as a CMI Friend, Subscriber or Member, just login to view this article. Confirm your registration Login below to confirm your details and access this article. Log in Register for Free Access Not yet a Member, Subscriber or Friend? Register as a CMI Friend for free, and get access to this and many other exclusive resources, as well as weekly updates straight to your inbox. Article Our extensive range of articles are designed to keep you in the loop with all the latest management and leadership best practice, research and news. Members See More CMI Members have access to thousands of online learning and CPD resources. Learn more about our membership benefits Join The Community CMI offers a variety of flexible membership solutions, tailored to your needs. Find out more and get involved in the CMI community today.
