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MANAGEMENT STYLE Command and Control Out of Control Scarcity Abundance Blog: * * * * * * * * * * * * * * * * * * * THE ECONOMICS OF ABUNDANCE Chris Anderson, Wired What happens when things get free? “Waste is Good” Alan Kay, Xerox PARC (1972) “Waste Transistors” “Waste Storage” “Over 2775.261837 megabytes (and counting) of free storage so youll never need to delete another message” (Remember “Your mailbox is full”? What was that about?) “Waste Bandwidth” For the first time in history, complexity is free Scarcity Abundance Scarcity Abundance Scarcity Abundance Scarcity Abundance Scarcity Abundance The Long Tail of Media NYT CNN WashPost AP BBC SF Chron Guardian Yomiuri Wired Boston Globe Times UK Forbes Time Fox News Biz Week PBS NPR MNSBC MTV CBS News CBS News CNN Money Telegraph CBC.ca Sydney Morning Herald SJ Merc Chic Trib Reuters IHT WSJ Economist FT ESPN Post-Gazette PR Newswire Scarcity = Abundance = Scarcity: “Guess” Abundance: “Measure” Scarcity: “NO” Abundance: “YES” BUSINESS MODEL ROI Memo We’ll figure it out Scarcity Abundance RULES “Everything is forbidden unless it is permitted” “Everything is permitted unless it is forbidden” Scarcity Abundance SOCIAL MODEL Paternalism (“we know what’s best”) Egalitarianism (“you know what’s best”) Scarcity Abundance DECISION PROCESS Top-down Bottoms-up Scarcity Abundance * * * * * * * * * * * * * * * * * * * * * * * * * * *