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https://warpcast.com/~/channel/flows
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rocketman
@rocketman
if we make a rough analogy to a company, flows is currently structured like a big inefficient company where employees and departments don't work together, they actively compete with each other. how can we restructure it so that people are working together on projects that drive revenue for the larger program?
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rocketman
@rocketman
Ronald Coase’s classic 1937 essay The Nature of the Firm argues that a firm will “grow until the cost of organizing one more transaction internally equals the cost of carrying out the same transaction on the open market.”
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rocketman
@rocketman
Inside a firm you skip (or bundle) many market transactions: you don’t haggle over the price of every micro-task, you use managerial fiat instead of separate contracts, and you rely on HR/IT/accounting to handle enforcement and payments. Those savings are exactly the “lower costs to work together” the statement references
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