Thomas Malone: Perspective

Thomas Malone, Fast Company, Jul 02, 2004
Commentary by Stephen Downes

George Siemens points to this blog post quoting extensively from this article published in Fast Company last week, a transcript of a talk given by Thomas Malone (did you get all that?). The essence is that very large organizations are developing through decentralization. "150,000 of its sellers make their full-time living on Ebay. If those people were employees of Ebay, it'd be one of the largest employers and retailers in the world. But they're not employees." The author attributes this new form of organization to the declining cost of communication and identifies "three main ways large groups of people can make decentralized decisions: loose hierarchies, democracies, and markets."
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