Traditional organizations are typically characterized by inefficiency, informal power structures, political tactics and tedious meetings that often are nothing else than a waste of time. The capabilities of the employees are not utilized, or only to a small degree. Everybody probably has asked oneself which alternatives there are to the hierarchical pyramid-type organizations.
There are case studies of companies that virtually have no hierarchy levels whatsoever, and in spite of that, or exactly because of that, they are very successful and highly profitable. But how have these companies solved issues such as decision-making, exchange of information, remuneration, incentives, and meeting structures?