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Localize decisionmaking for faster responses from "summary" of Antifragile by Nassim Nicholas Taleb
The idea here is that when you allow decision making to be decentralized, closer to the ground, you end up with faster responses. Imagine a large organization where every decision has to be approved by multiple layers of management. The process is slow and bureaucratic. By the time a decision is made, it may no longer be relevant. But if decisions are made at a local level, by people who are closest to the situation, they can act quickly and adapt to changing circumstances. When you centralize decision making, you create bottlenecks. Information has to flow up the chain of command and back down again, which takes time. And by the time a decision is made, it may be based on outdated information. But when decision making is decentralized, information can flow quickly and decisions can be made in real time. This allows for a faster response to changing conditions. The key is to trust the people on the ground to make the right decisions. This requires a shift in mindset, from one...
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