Online Content

1. Egol, Morton, "Information Age Accounting: Catalyst and Enable of the Self-Organizing Enterprise"

Type:
Document
Date Created:
1995
Collection:
System Dynamic Society Records
Collecting Area:
University Archives
Collection ID:
ua435
Parent Record(s):
b83f2ce2912343b559f967dd985da515, 23d738ba88f8333bc39725f9cb5bd0b8, and 12420ec6bd5f758d2b4dea59aabd75a9
Thumbnail Path Ss:
/downloads/rf55zt183?file=thumbnail
System Modified Dtsi:
2020-01-02T18:54:01Z
Description:
A paradox of the Information Age is that while the sheer quantity of data and information has grown exponentially, the quality of understanding is typically declining. New technologies are driving accelerating change and complexity, leading to greatly increased uncertainty and heightened business risk. There is widespread recognition that the old "command and control" decision making model, which relied on the insights of the "brains at the top" of the organization, is inadequate to cope with today's challenges. Yet nothing has emerged to take its place. Management has responded to change by reengineering core processes and decentralization through "empowerment" of employees and cross- functional teams; but such efforts, while a step in the right direction, have generally not been successful. Instead of increasing the organization's capacity for creative and timely response to radical change in the marketplace, the changes frequently have amounted to mere downsizing- leaving the organization and its employees more anxious and fearful of change than before.