Living on the Edge

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Location: Kolkata, West Bengal, India

Saturday, May 20, 2006

Where do we draw the Line?

I am always fascinated by the way organisations work..infact many of them do not! Organizations are deemed to be one of the most efficient ways of domesticating the markets,as is popularly known in Transactional cost Analysis in Economics.This internalisation of external markets is literally and notionally protected for soverneity and efficiency by drawing of organizational boundaries.

Imaginary social thinkers led by Peter Drucker and others have visualised boundaryless organizations.But boundaries not only within but external to the organizations seems to be getting blurred day by day.Virtual organization,virtual work stations,SOHO,networking and other concepts have swept away the efficacy of strict organizational boundaries in today's business world.

The important issue before business leaders and thinkers is to provide a reasonably assuring answer to the query of re-drawing organizational boundaries.But the most pertinant one should be -Is it important at all?

Fast changing social exchanges in the market and its various normative governance forms is making the internalisation of markets fast redundant and hence the growth in popularity of networking organizations.But where do we draw the line....?

Would we ever have a convincing answer...will the apple ever fall on the right head??