User Community Developments, Part I
If we look at the competitive advantages that the user community member will have then we may be able to get a better understanding of what will be involved. When we add in the service provider organization that the user community member owns and operates. Understanding the work the user community member will do with the People, Ideas & Objects software developers will help the competitive advantages become clearer. I’ll list them here and then we’ll discuss them briefly over the next few days. There are of course specialization and the division of labor as the service provider will manage one administrative or accounting process and use the entire oil and gas industry as their client base. Automation of that process will be a constant and iterative development through the user community members access to the People, Ideas & Objects software developers, and their understanding of that process through the user community members direct ownership of the service provider. Innovation and technical excellence based on the administrative and accounting experience they have. Users will be able to iterate constantly and develop their process to become more efficient, but also provide better information to their clients, the oil and gas producers. It is our stated purpose to flip the current relationship that we have with computers. Instead of us working for them, we are going to have the computers working for us. Lastly quality is going to be the overall guiding principle in what we do in terms of the services for the producers. Our value proposition makes it worthwhile for the producers to use our software and services. Lower cost software and services is not the issue or the objective, quality business model development and ensuring the producers are provided with the most profitable means of oil and gas operations is more important than low cost software and service. After all the bureaucrats currently have many of the lower cost software and services today. These attributes are what make up the competitive advantages of the People, Ideas & Objects user community / service provider.
Looking at the individual components of the user communities competitive advantage we’ll review the first item on the list and the part about flipping the relationship with computers. Specialization and the division of labor is the only means in which economic development has ever been achieved. The difference between the economies size in the year 1800 and today is 100% attributable to the application of specialization and the division of labor. Therefore in order that the oil and gas industry can develop further, expand its output, grow efficiently and profitably is through the application of specialization and the division of labor. It’s here too that we can bring in the work of computers and have them do the storage and processing which is their specialty. Essentially a revised division of labor between people and computers. And people can focus on their capabilities which include leadership, problem solving, determining what’s relevant, creativity, collaboration, research, idea generation, design, planning, thinking, negotiating, compromising, innovating, financing to name just a few. These are the areas we need to be focused on and stop moving data from one system to another and other redundant computer related tasks. With each user community member and service provider focusing on one process, they are specializing at a much higher level than what is available now or is ever going to be possible within any producer firm today. Therefore the amount of work they’ll be able to do will be substantially more efficient than what it is today and will continue to provide an enhanced and developing value proposition for the oil and gas industry.
The Preliminary Specification, our user community and service providers provide for a dynamic, innovative, accountable and profitable oil and gas industry with the most profitable means of oil and gas operations. Setting the foundation for profitable North America’s energy independence. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in our future Initial Coin Offering (ICO) that will fund these user defined software developments. It is through the process of issuing our ICO that we are leading the way in which creative destruction can be implemented within the oil and gas industry. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don’t forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.