Co-creators R&D Program

A program designed to co-create a better world

Objective

  • The objective of the program is two fold:

    1. Help co-creators build a future proof career path that leads them towards freedom from time, place and financial worries.

    2. Co-create a better world by co-creating communities, solutions and ecosystems to solve some of the biggest problems including the United Nations Sustainable Development Goals 2030 and corporate automation challenges. The objectives are achieved through co-creating solutions to communal problems and turn them into scalable social enterprises. We also help exiting businesses to improve their products and processes so they can grow faster and create better solutions and more jobs.

  • It's designed for domain experts from industry and their role is to ensure quality, cost and timeline of plans and works done by R&D Associates (mostly university interns) who are supported by PMO and Finance teams.

  • It’s got a built-in robust governance and controls framework that mitigates risks of failure and improves project success rate significantly.

  • It’s run on an online co-creators platform to deliver quality startups and solutions under supervision of industry domain experts. The platform comes with plan templates, automated workflows and embedded governance and control framework to mitigate risk of failures.

Program Features

  • Flex work schedule

  • At least 2 hrs a week time commitment

  • Remote working from any nearby workspace

Domains

  • The program helps build the whole range of skills from startup to scale up an enterprise including skills to co-create users communities, solutions or products and enterprise ecosystems.

  • A high level outline of in-scope faculties or domains of expertise is as follows:

    1. Community building – leadership, sharing economy and ideation process.

    2. Mission control – decision making, planning & controls and delivering promises.

    3. Marketing – digital marketing strategies and tools, multimedia content creation and connecting with target audience.

    4. Solution building – co-creating products and systems using R&D based techniques, modern technologies and tools.

    5. Value delivery – automate order to cash process steps

    6. Sourcing and resourcing – win-win negotiation and ecosystem building skills.

    7. Operation controls that involve delivering operational plans, managing risks and stakeholders.

Eligibility

Anyone who meets at the following requirements can apply for a domain experts role:

  1. Those industry domain experts who can commit at least two hours a week

  2. Those who have completed 990 workshops of our Startup Internship Program and have earned certificates for delivering project building blocks. OR

  3. Those who are university graduates and have at least 5 year of industry work experience relevant to domains of expertise they are applying for.

Takeaways

Domain Expert Professional Fee

Domain Experts are responsible for quality, cost and timeline of plans and works done by R&D Associates and get 50% of their teams’ billing to projects.

Let's say a domain expert reviews and approves plans and works delivered by a team of 8 full time university interns who work 40 hour a week that's 160 hour a month x 8 team interns = 1280 man-hours of work billed at $10 per hour to a project and that would be 1280 x 10 = $12800 billed amount; After taking out 5% each for PMO and Finance Control Teams, 50% of the balance 90%, that's 5,760, would go to the domain expert and the other half goes to the 8 interns in the domain experts team.

Please note standard terms of 90 days credit secured by convertible project stock options at nominal value on the due date apply to all work posts from projects unless a different payment term such as cash on delivery are specifically given in a work post.

The convertible stock options against the credit provide co-creators with an opportunity to become co-founders in the startup projects they work for and that would lead to potential capital gains and dividend income over and above the professional fee. However, the opportunity comes with a risk of a loss and therefore domain experts should use their own judgement before accepting the offered terms.

Advisory Board Members Fee

A Pro Bono Advisory Role as a Member of the Board of Directors at Better World Makers Network Pte Ltd, Singapore or at one of its member local companies - Startup Tribes - is offered only to those who are visionary leaders, passionate about advocating the Company’s vision & mission and keen to scale up the social impact worldwide.

In order for the Domain Expert to use the role title of a “Consulting Director '', the Domain Expert must be a member of the Board of Directors of the Company. The members of the board of directors are entitled to a directors fee for every board meeting they attend.

Terms and Conditions:

The bases for compensation provided above and the charge-out rates used are indicative and just to explain what the Domain Expert should expect with reasonable certainty. Each building block or assignment published for domain experts to apply for comes with its own terms and conditions which are final and overriding.

Modus Operandi

Projects from startups and corporations are broken down into building blocks by domains of expertise and posted on Job Board as RFI/RFP/RFQ etc at Better World Makers Network's website as for domain experts to apply.

Once domain experts are allocated to building blocks, R&D Associates are added to a building block delivery team and that is supported by PMO and FN teams to deliver the building block.

Work is done in scheduled online workshops run by PMO team.

Any member of the Network including domain experts and R&D Associates can startup their own projects by following the given process.