Framework of the day:
There are two broad kinds of "systems" in the world--- one involves "planning" and the second involves "error correction" based on feedback mechanisms
There are two broad kinds of "systems" in the world--- one involves "planning" and the second involves "error correction" based on feedback mechanisms
A planning framework decides on a certain set of objectives , tries to execute it to the T ( ideally), then decides the next set of objectives, executes the same etc. By implication it has a reasonable degree of either centralization or hierarchy
An error correction system on the other hand essentially uses feedback mechanisms to keep refining the output. It works better in a parallel processing manner with decentralized nodes , each doing its bit
Now the hypothesis:
Any successful system in the initial stages requires more of the former rather than the latter
It is true that the former system is more fragile and the latter more anti fragile. The former depends upon how efficient centralized nodes plan and act, true
Any successful system in the initial stages requires more of the former rather than the latter
It is true that the former system is more fragile and the latter more anti fragile. The former depends upon how efficient centralized nodes plan and act, true
It also depends on fairly close to perfect execution, and with limited margins of error.
On the other hand the second type of system has much higher margin for error and need not necessarily execute with perfection to move forward
On the other hand the second type of system has much higher margin for error and need not necessarily execute with perfection to move forward
However the first system when it works, works much better and as long as the virtuous cycle is on, helps results compound much faster
As a result, there's no escaping utilizing the first type of system to get to a certain level.
Fragility as a concern should come higher up in the Maslow hierarchy
Fragility as a concern should come higher up in the Maslow hierarchy
Once you get to a certain stage, one can use error connection mechanisms, which protect downside well, even while leaving scope for upside
Can apply to
What political model should Nations in early stages of development choose vs whats appropriate for developed countries ?
Type of management you need in a start up vs in a very large organization?
What political model should Nations in early stages of development choose vs whats appropriate for developed countries ?
Type of management you need in a start up vs in a very large organization?
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