kaal:claim:3808852-012

Organizational decentralization can raise economic performance without new technology: Jack Welch's separation of GE business units, each with its own profit-and-loss statement and full accountability, allowed efficient and profitable operation and GE's market value skyrocketed as a result.

Welch's method enabled each business unit to be run efficiently and profitably, while allowing unit heads significant flexibility and independence. GE's market value skyrocketed as a result of its decentralization of business units.

Wulf A. Kaal, Decentralization and Feedback Effects (2021), III. Organizational Decentralization, p. 10
https://ssrn.com/abstract=3808852 · source PDF

Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

• pre and post internet era corporate structures

empiricalsupport: evidencedai-and-agentsdecentralizationinstitutional-design

• extends kaal:claim:3411897-005 General Electric's decentralization under Jack Welch worked because each business unit was made fully accounta...

The quote above is an exact substring of the source PDF, whose sha256 is 31e91158fdeefebc2f0be54ebf89751f7cdd4c89ecea932888f5ba9be6b1caba. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/fa4610a96c7e4c5d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3808852-012.md | sha256sum