Harvard Business Review
APRIL 10, 2012
An engineering analogy may help. The very word "equilibrium" is deeply misleading in this context because it describes a situation that is not an equilibrium, either in plain English or in engineering. How could decentralized trading move markets to equilibrium if there is only one good? But it is pure assumption.
Harvard Business Review
JULY 24, 2013
This approach doesn''t change the organizational structure but adds mechanisms (such as committees or gates) onto a business case process, to increase the coordination of big digital investments across groups such as engineering, operations, or product owners. These enterprises have decentralized management and diversified businesses.
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