As a U of Chicago business guy, I have a tendency to lean toward
things that breathe free market theory. Markets are (mostly) efficient.
Market are (mostly) right. Stems from Chicago's strong grounding in
economics.
So it's interesting to think about why organizations of today just
aren't freely forming efforts. Why isn't there a free market in
organizational structures? Why can't organizations just freely form and
dissolve? I haven't really analyzed this very closely
at all, but here's three interesting Internet stops for you that could
spell the death of business organizations as we know them:
- Internet Stop 1 (BusinessPundit) - Outsource the CEO
- Internet Stop 2
(Business Plan Archive) - Comb the business plan document archive of
failed dot coms (compliments of the Library of Congress et. al.) and
learn what not to do in business
- Internet Stop 3
(The Business Experiment) - Participate in an actual experiment on an
open source business model (where the business model and governance
structure is all open source) ... "The goal is to have the registered
users of this site collectively start and run a real business."
Update (7/20/05): As for Internet Stop 2, I should probably not
characterize the business plan document archive as "things not to do in
business". These are mostly the planning documents of businesses that
are no longer around or in a reduced state of operations (e.g., Blue
Meteor, marchFirst). The companies may have very well taken the correct
steps in points in time or done the best thy could given the
circumstances. That's one issue with analyzing cases. It is frequently
not possible to see from static documents how management teams
reasoned, whether they used consistent reasoning, if it was
inconsistent with a best practice, etc.
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