Economics

Where org design meets incentives, markets, and the economics of how work actually gets done.

29 posts
Governance Power Economics

Ownership & Symmetry

Why do founders behave so poorly? Why do they struggle to distribute authority? Why is it so hard for employees to have their voices heard, for their good data from the edge of the organization to be incorporated into decisions? I believe all of this stems from asymmetrical risk. Almost

Values Governance Economics

August’s Specific Public Benefit

At the beginning, August had two key goals: making a significant contribution to human productivity growth; being the fuel for meaningful innovation.

Culture Economics

Amazon & Achievement

Using Amazon as a way to understand what works, what doesn’t, and what’s got to change.

Governance Culture Economics

Open Undercurrent

How self-organization helped a small consultancy grow revenue, profitability, and engagement – all at the same time.

Economics Transformation Power

The Organization Is Broken

Are organizations degrading the human experience, or are they poised to accelerate our progress toward dignity and achievement in the 21st century? Yes.

Strategy Brand Strategy Economics

Five Strategy Things N° 5

Chick-Fil-A; The Agency Problem; NFL broadcasters; The Unsexy Side of Responsiveness; Amazon Fulfillment Centers

Economics Transformation Structure

Nine to One

For every dollar spent on hardware, companies need to spend nine dollars in software, training, and business process redesign. (I think that's way low.)

Governance Power Economics

New Governance Models

I very much enjoyed this article from the FT. I am not the first person to worry about the joint-stock company. Adam Smith, founder of modern economics, argued: “Negligence and profusion . . . must always prevail, more or less, in the management of the affairs of such a company.” His concern is

Economics Structure Culture

Five Finance Things N° 1

Handelsbanken; Cross-subsidy; Regulatory capture; The origins of Venmo; Goldman Sachs.

Artificial Intelligence Economics

Accountants & Retail Employees: Look Out

Whether or not AI eats your job has to do with three bottlenecks: Perception & Manipulation; Creative Intelligence; Social Intelligence.

Brand Strategy Economics

On Advertising

There’s a lot of back-and-forth on the internet about the value of banners, the value of social, and whether or not it’s a good idea generally to advertise on the internet. I’m not sure where we’ll all come down on this – ultimately I think we all

Transformation Structure Economics

Aviation: Not Easy

From the chronicles of “Easier Said Than Done, Airline Edition”: five lessons on innovation and the future of organizing.