CCIA Community Currency Implementation Framework, May14,2015, 45pp

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CCIA Community Currency Implementation Framework, May14,2015, 45pp

Transcript of CCIA Community Currency Implementation Framework, May14,2015, 45pp

  • Published under the Creative Commons Licence

    [Attribution, Non-Commercial, Share-Alike],

    for details see www.creativecommons.org

    Community Currency Implementation Framework

    Version: November 2013

  • This Community Currency Implementation Framework has been produced by Qoin, Spice and the New Economics Foundation. It is part of the Community Currencies in Action (CCIA) partnership. The CCIA partnership leads the way in sharing knowledge and best practice on professional Community Currencies that enable vibrant and prosperous communities. It designs, develops and implements Community Currencies across North West Europe. And it provides a rigorously package of support structures to facilitate the development of Community Currencies and promote Community Currencies as a credible (policy) vehicle for achieving positive outcomes. CCIA is part funded through INTERREG IVB North West Europe (NWE), a financial instrument of the EUs Cohesion Policy - Investing in Opportunities. For more information, see: www.communitycurrenciesinaction.eu

  • This framework is created by the Community Currencies in Action Project: www.ccia.eu

    Compiled by:

    Qoin www.qoin.org (Edgar Kampers and Rob van Hilten)

    Spice www.justaddspice.org (Becky Booth)

    The New Economics Foundation www.neweconomics.org (Leander Bindewald)

    Building on the contributions from:

    Social Trade Organisation www.socialtrade.org (Henk van Arkel)

    Arthur Brock www.lifeblooddesign.com

    John Rogers www.valueforpeople.co.uk

    Bernard Lietaer www.lietaer.com and Gwendolyn Hallsmith

    MonNetA www.monneta.org (Ludwig Schuster)

    Scott Morris www.mylocal.coop

    Community Forge www.communityforge.net (Tim Anderson)

    If you change or add elements, or build your own version of this framework, we kindly request you to send your changes or suggestions to ccia@neweconomics.org. This allows us to add your insights to this framework.

    Community Currency Implementation Framework

  • In each phase, you describe, plan or execute many generic elements that are important for every successful project and others that are specific to a community currency project.

    We will first run you through the phases and then go into some detail for each element. These elements can broadly be divided into 6 categories

    Stage A Phase 1: Exploration Phase 2: Concept Phase 3: Feasibility Phase 4: Project planning

    Stage B Phase 5: Implementation

    Phase 6: Piloting

    Stage C Phase 7: Replicate or Scale-up or Terminate

    The framework is structured in 7 phases across 3 stages:

    Community Currency Implementation Framework

    Specific Currency design elements Aesthetics Dynamics

    Aims, Objectives Partners, Stakeholders, Users Generic Project Planning Elements

  • 5. B

    uild

    ing

    Iterative Rounds 1. Exploration 2. Concept 3. Feasibility 4. Project Planning

    Stop Terminate

    6. Pilot

    Demonstration (soft) launch

    Replicate

    Scale up

    Stage A Phase 1-4

    Stage B Phase 5 Phase 6

    Stage C Phase 7

    CCIF Overview: 3 Stages, 7 Phases

  • Stage A: Planning

    Bu

    ildin

    g

    Iterative rounds of 4 phases: Exploration Concept Feasibility Preparation

    Stop Terminate

    Pilot

    Demonstration (soft) Launch

    Replicate

    Scale up

    Stage A Phase 1-4

    Stage B Phase 5 Phase 6

    Stage C Phase 7

  • The 4 phases in Stage A each require the completion of the circular process shown below. Each iteration will revisit the same elements, adding more detail to the currency design and finishing with a completed project plan:

    1. Exploration

    2. Concept

    3. Feasibility

    4. Project planning

    Stage A: 4 iterative Phases

    Overall aims

    Project Plan

    Stakeh

    old

    ers

    Project specific objectives

    Partn

    ers

    End

    use

    rs

    Currency Model

  • Stage A Phase 1: Exploration

    - What should we start with? Create initial overall aims & potential objectives

    Map the potential end-users & partners

    Sketch the currency model

    Estimate the costs and prepare project plan

    Get commitment from initiator to move to the next phase

    - Deliverables: Exploration 1 pager + presentation with draft flow diagram

    Plan for Concept Phase

  • Stage A Phase 2: Concept

    - What will the currency project look like? Invite end-users & partners to help with the design process

    Find common base between stakeholders. Collectively describe overall aims & SMART objectives.

    Who is missing? Detailed description of end-users & partners

    Describe the concept of the currency model and start to map specific elements

    Describe the generic project elements

    Identify feasibility issues for next phase

    Create milestone plan, funding overview, implementation brainstorm

    Get commitment for next phase

    - Deliverables: Concept 5-pager + presentation with flow diagram

    Plan for Feasibility Phase

  • Stage A Phase 3: Feasibility

    - What is possible? Research the feasibility of the generic project elements (e.g. legal, IT, finance,

    marketing) -> This may lead to adaptions of the currency model!

    Consolidate Partnership

    Create a detailed project plan (turnaround time, milestones, staff needs)

    Create funding plan (investments, grants, crowd-funding)

    Get commitment for the next phase

    - Deliverables: Feasibility 10-pager + presentation

    Plan for Project Planning Phase

  • Stage A Phase 4: Project Planning

    - What is needed to start implementing? Finalise full project implementation plan

    Realization + production + output planning

    Get the partnership agreement signed

    Recruit staff to run the operational organisation

    Create initiation pack for target area/group/market

    Secure funding

    Ensure everything is ready, and what is the contingency plan?

    - Deliverables:

    Detailed project implementation plan + presentation

  • Stage B: Implementation

    Bu

    ildin

    g

    Iterative rounds of 4 phases: Exploration Concept Feasibility Preparation

    Stop Terminate

    Pilot

    Demonstration (soft) Launch

    Replicate

    Scale up

    Stage A Phase 1-4

    Stage B Phase 5 Phase 6

    Stage C Phase 7

  • - What happens? Establish governance structure

    Sign contracts + Appoint audit/accountancy (if required)

    Establish project team + Train staff and partners on admin processes

    Establish project administration processes and procedures, including reporting

    Design and create currency administration processes

    Commission and/or configure and test the payment platform and other IT

    Design and print currency notes (if required)

    Develop visual identity and publicity materials + Organise promotional events

    Start pre-campaign: pre-register businesses, organisations and users

    Implement evaluation framework + Collect baseline data

    - Deliverables:

    Pilot plan, Pilot is ready to start

    Stage B Phase 5: Implementation

  • - What happens? Activate Admin systems + training

    Payment platform and other IT is being used

    PR and marketing campaigns

    - Development and dissemination of PR and marketing materials

    - Publicity campaigns + Press releases

    - Promotional and introductory events

    Sign-up of pilot end-users

    - Sign-up and train end-users

    - Sign up more partners, businesses, organisations, etc.

    - On-going support

    Stimulate Currency Circulation: (depending on model) bonus / malus, hoarding fee, brokerage etc.

    On-going monitoring and reporting: review of Stage A and Phase 5

    Stage B Phase 6: Piloting

  • Stage C: Replicate Scale up - Terminate

    Bu

    ildin

    g

    Iterative rounds of 4 phases: Exploration Concept Feasibility Preparation

    Stop Terminate

    Pilot

    Demonstration (soft) launch

    Replicate

    Scale up

    Stage A Phase 1-4

    Stage B Phase 5 Phase 6

    Stage C Phase 7

  • Option 1: Replicate - The currency achieved its aims and there is demand to replicate the same model in

    other geographical areas or communities

    Option 2: Scale-up - The currency is achieving it aims and the currency can be enlarged over a wider

    geographical area or to more (inclusive) communities, covering new themes, incorporating new objectives and/or reaching out to new end-users

    Option 3:Terminate - The currency did not achieve its aims and there is collective agreement to terminate the

    currency project after the pilot period

    Stage C Phase 7: Replicate Scale up - Terminate

  • Currency Implementation Elements:

    Overall aims

    Project Plan (Generics)

    Stakeh

    old

    ers

    Project specific objectives

    Partn

    ers

    End

    use

    rs

    Currency Model

    (Specifics)

  • Currency Implementation Elements:

    Aims, Objectives the elements describe the high level ambitions and set currency objectives

    Users, Partners, Other stakeholders the elements clarify who is involved, what they need and what they should do