Sunday, 24 November 2019

Decision making as technology

What companies and governments often struggle with is in making their planning processes work around their management structures.  Much of this revolves around the inherent complexity of planning and determining how resources should be distributed and allocated.  This is driven primarily by their being many different angles through which resources are considered and, in addition, the process being so complex and multi-faceted that no one can actually understand how anything works.  Surely this is, while already an enormous challenge for companies, an even more fundamentally dramatic challenge for governments.  This is particularly the case in times of change, when allocating resources or planning processes are particularly challenging anyway.

But wait; given we often eulogise as to the benefits of the market based system for allocating resources, maybe it would be sensible to factor in what are the dynamics within this system which actually support planning and, similarly, analyse whether the planning processes required within market based processes are actually working efficiently or whether the pricing process in effect covers up for a failing of market based planning processes.

In reality, the new game changer for all people engaged in the structured organisation of others is now neither the market, nor a reference to government planning processes.  It is now technology, particularly the use of data and information by technology, which is going to be driving the effectiveness with which we plan and resource our efforts for the future.  Effectively, if we can get the data for our planning right, and structure it into an effective decision making process which utilises the broadest universe of inputs but works within an agreed framework, then we should be able to really create a better place for human beings in the future.

Data (information) plus framework (law) plus decision governance (democracy) within the context of an advanced structured technology platform created within the scope of law and overseen by democracy could be a hell of a lot better at organising things than our current hotch potch of government departments, commercial firms, public bodies, non-governmental authorities and individuals operating within the frame of an unstructured legally driven system overseen manually and fitfully by courts and a collection of other authorities.

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