Idea No. 9
Have a Distributed Economies approach for your portfolio in your Organization
The concept of distributed economies (DE) as a fresh strategy to guide industrial development towards becoming more sustainable.
The concept calls for a transformation in the industrial system towards DE departing from the socio-economically and environmentally difficult dynamics associated with large-scale, centralized production units that are favored by neoclassical economic drivers.
With DE, a selective share of production is distributed to regions where a diverse range of activities are organised in the form of small-scale, flexible units that are synergistically connected with each other and prioritize quality in their production.
However, rather than the total abolishment of large-scale production, the argument concentrates on finding a renewed balance between large- and small-scale and between resource flows that take place within and across regional / global boundaries.
With DE, a selective share of production is distributed to regions where a diverse range of activities are organised in the form of small-scale, flexible units that are synergistically connected with each other and prioritize quality in their production.
However, rather than the total abolishment of large-scale production, the argument concentrates on finding a renewed balance between large- and small-scale and between resource flows that take place within and across regional / global boundaries.
Follow distributed capitalism with a report from McKinsey
Key approach on DE / DC has the following steps
- Inversion
- Rescue
- Bypass
- Reconfiguration
- Support
- Price is high
- Trust is slowly fading
- High fixed cost, no further optimization possible
- High middle management costs
- Not having solutions / assets needed for customer
- Key economic solution / service not fully leveraged
- Users requirement is ahead of provider.
Here is another link
Check out the video as well
Here is the key note to fine-tune practices around DE
DE surely can give us the benefit - what 1900s has given us due to industrialized mass production!
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