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University of California, Irvine's Institute for Software Research's "PACE" project is creating an "architectural style for trust management in decentralized applications." It adopted Rohit Khare 's definition of decentralization: "A decentralized system is one which requires multiple parties to make their own independent decisions" and applies ...
Graphical comparison of a centralised (A) and a decentralised (B) system. A decentralised system in systems theory is a system in which lower level components operate on local information to accomplish global goals.
Decentralized decision-making, Malone says, tends to create less rigidity and flatter hierarchies in organizations. When upper management delegates decision-making responsibilities, there also exist wider spans of control among managers, creating a more lateral flow of information.
Holacracy is a method of decentralized management and organizational governance, which claims to distribute authority and decision-making through a holarchy of self-organizing teams rather than being vested in a management hierarchy. [1] [2] Holacracy has been adopted by for-profit and non-profit organizations in several countries. [3]
PROUT includes the decentralization of the economy; economic democracy; development of cooperatives; provision of all working members of society with five basic needs: food, clothing, shelter, education, medical care; and systematic solution of environmental problems through technological development and limitation of consumption.
Swarm intelligence (SI) is the collective behavior of decentralized, self-organized systems, natural or artificial. The concept is employed in work on artificial intelligence . The expression was introduced by Gerardo Beni and Jing Wang in 1989, in the context of cellular robotic systems.
ATAI Life Sciences NV (NASDAQ: ATAI) is deploying a multipronged approach to accelerate the development of mental health treatments. The company operates a decentralized hub and spoke model in ...
Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities.