by 0x247e0896706bb09245549e476257a0a1129db418 (coalition)
Linked Pre-Proposal
Summary
This proposal aims to gather community feedback to implement Strategic Framework and Plan, developed as a part of DAO strategic planning working group, that includes governance, financial, marketing and other strategies.
Abstract
As the Decentraland DAO matures and expands its influence, it becomes crucial to develop a robust Strategic Plan that outlines the objectives, initiatives, and guidelines necessary and the operational processes to set up,update and maintain strategic initiatives.
Motivation
With an increasing number of stakeholders and a broadening scope of activities, there is a pressing need for a clear, coherent Strategy to guide the DAO’s direction and decision-making processes.
Strategic Plan will ensure that the DAO’s resources are utilized efficiently, goals are aligned, risks are mitigated, and opportunities are capitalized upon. It will also foster community trust by providing transparency into the DAO’s programs and objectives, thus encouraging greater participation and collaboration among members.
Strategic Framework will help DAO’s strategy remain aligned, adaptable, and responsive to both the long-term vision and the evolving needs of the community.
Specification
STRATEGIC PLAN
The Strategic Plan is a detailed guide covering Decentraland DAO’s operational aspects, goals, and proposed strategies across various domains. It serves as a roadmap for the DAO’s development and growth.
Strategy Plan is structured into key sections, each addressing a specific aspect of the DAO’s operations and goals:
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Summary
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Analytics
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Financials
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Grants Program
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Governance
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Platform
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DAO-Foundation Synergy
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Transparency and Accountability
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Participation. Incentives
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Marketing
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Compliance
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Strategic Framework
STRATEGIC FRAMEWORK
To implement and follow the Strategic Plan, a framework is required. It will ensure alignment of actions, decisions, and initiatives with the DAO’s global objectives to jointly shape DCL’s future.
The Strategic Framework is a structured set of methodologies, tools, and guidelines designed to define and implement the long-term goals, vision, and direction of DAO.
It aims for aligned actions, decisions, initiatives, and clear objectives, enabling all members - including voters, delegates, core units, and all interested users to organize the working process and collaborate as a whole to succeed.
DAO Core Units will be tasked with the implementation and enforcement of this proposal.
Annual and Quarterly DAO Goal’s Setting:
Yearly Timeline
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January-February: Begin the year with DAO-wide meetings to outline and establish the annual strategy.
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March - November: Implement and monitor the quarterly objectives, ensuring alignment with the set annual goals.
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December: Conduct annual review to measure the year’s performance against the set goals.
Quarterly Process.
Start of Each Quarter:
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Conduct community meetings to gather input for setting quarterly goals.
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Define specific objectives for the quarter, aligning them with the annual strategy.
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Establish and update KPIs using the SMART method to reflect progress and adapt to changes.
Mid-Quarter:
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Check-in to assess progress and adapt strategies based on the evaluations of KPIs.
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Facilitate necessary mid-quarter adjustments to stay on track with quarterly objectives.
End of Each Quarter:
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Evaluate the quarter’s performance against the objectives.
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Conduct community meetings to report on progress, gather feedback, and prepare for the next quarter.
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Reallocate resources and refine strategies/processes as required, based on quarterly performance reviews and feedback.
Implementation and Monitoring:
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Assign tasks for each quarter’s objectives to community groups, including Core Units, Delegates, Voters, and other interested users, utilizing tools like Grants and Bidding & Tendering Flow.
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Schedule regular check-ins throughout each quarter to monitor progress and make necessary adjustments.
Quarterly Reviews and Adjustments:
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At the end of each quarter, conduct evaluations to compare actual progress against the KPIs.
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Based on these evaluations, reallocate resources and refine strategies for the subsequent quarter.
Annual Review and Forward Planning:
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In December, perform a detailed analysis to assess the overall performance against the annual goals.
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Use end-of-year feedback from the community to refine goals and strategies for the next year.
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Set objectives for the upcoming year, taking into account both the outcomes of the current year.
Conclusion
Setting up a Strategic Framework is critical for the Decentraland and DAO’s continued growth and success. This process will enable the community to navigate the complexities of its evolving ecosystem, align its diverse community towards common goals. This proposal underscores the importance of community involvement in shaping the DAO Strategy, ensuring that it reflects the collective aspirations and needs.
If approved, community feedback and insights will be solicited to refine and finalize the points.
