What the Industrial Organization Was Quietly Doing, and What Has to Replace It
A three-part series
CONTENTS
Part One: The Changing Economics of Coordination
Part Two: What the Boxes Were Carrying
Part Three: What Replaces the Boxes?
Part One: The Changing Economics of Coordination
Part one of a three-part series on the changing architecture of coordination.
A small-business owner applies for credit after two quarters of weakening receivables. The numbers suggest deterioration. The person who has worked with the business for years knows the largest customer temporarily extended its payment terms during an acquisition while orders remained strong. That context changes the decision.
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