The First Modern Organizational Chart | Organizations and Markets

The First Modern Organizational Chart

5 March 2013 at 12:19 pm Peter G. Klein 1 comment

| Peter Klein |

It was designed in 1854 for the New York and Erie Railroad and reflects a highly decentralized structure, with operational decisions concentrated at the local level. McKinsey’s Caitlin Rosenthal describes it as an early attempt to grapple with “big data,” one of today’s favored buzzwords. See her article, “Big Data in the Age of the Telegraph,” for a fascinating discussion. And remember, there’s little new under the sun (1, 2, 3).

Entry filed under: - Klein -, Business/Economic History, Institutions, Nothing New under the Sun, Strategic Management, Theory of the Firm.

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1. Top 30 MIS Blogs of 2012 | 20 March 2013 at 6:48 am

[…] 30. Organizations and Markets: Created in 2006, this blog is updated by a group of professors who teach business courses in universities around the world. The authors find their material from mainstream approaches to economics and management. Highlight: The First Modern Organizational Chart […]

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