The Boundless Promise Of Decentralization For Business.
As businesses learn more about how to harness the power of complex systems, it becomes more and more evident that releasing central control and planning is an imperative.
Hi, Hunter Hastings here - I'm an economist by education, a marketer in my professional track, a venture capitalist in my current business life, an Individualist in philosophy, and a passionate supporter of entrepreneurship in whatever form I can practice it, support it and advance it.
As businesses learn more about how to harness the power of complex systems, it becomes more and more evident that releasing central control and planning is an imperative.
answer. But it’s a mystery, hard to unlock. We talk to Darshan Mehta, a lifelong professional in the field, an advisor to global and local brands, an originator of insights technology, and a deep thinker in the field.
Technology evolves independently of human planning. But it takes entrepreneurs to turn evolving technology into revolutionary new applications in markets.
Economics is a way of thinking. It’s conceptual, and its concepts can help businesses to make better decisions. The most important business decisions are those that pertain to the generation of value for customers since that is the purpose of the firm.
In episode #162 of the Economics for Business podcast, Joe Matarese described the nature and cause of the healthcare problems we face. In episode #163, he surveys the entrepreneurial solutions, some of which are beginning to emerge and some of which still lie in the future.
Value is co-created with customers. Bringing the customer inside the firm is the first step in building a new engine of value.