They rely on the power of the collective from "summary" of The Starfish and the Spider by Ori Brafman,Rod A. Beckstrom
The strength of a decentralized organization lies in its reliance on the power of the collective. In a traditional, centralized organization, power and decision-making authority are concentrated at the top, with orders flowing downward through a hierarchy. This centralized structure can be effective in certain situations, but it also has its limitations. Decentralized organizations, on the other hand, distribute power and decision-making authority throughout the system, allowing for greater flexibility, adaptability, and innovation. Decentralized organizations operate more like a network than a hierarchy, with individuals and smaller groups having a significant degree of autonomy and self-organization. This decentralization allows for faster decision-making, as there is no need to wait for approval from higher-ups. It also fosters a sense of ownership and accountability among members, as they are empowered to take initiative and responsibility for their actions. One of the key advantages of decentralized organizations is their ability to leverage the collective intelligence and creativity of their members. By tapping into the diverse perspectives and skills of individuals throughout the system, these o...
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