The difference between a planned and a market economy is rooted in two different management philosophies: management-as-planning/adhering and management-as-organizing/learning. Management-as-planning/adhering focuses on creating a plan that becomes a blueprint for action, then managing implementation by measuring adherence to the plan. Management-as-organizing/learning focuses on organizing work so that intelligent agents know what to do by looking at the work itself, and improve upon their implementation through a learning process. (Read more...)
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Luke Setzer Club Coordinator, RoR Florida Coordinator
I posted this article because I found fascinating that many of the fallacies of central national planning also apply to central corporate planning. Other statements in the article are disagreeable. There is more good than bad in the article, though.
