Yesterday was a great day: I could witness the operationalization of my enterprise protocol evolution model. Nobody at the MunichRe symposium specifically talked about the model. However, the symposium’s theme “Modularisation of the Insurance Value Chain” actually is the operationalized version of it. Here’s my perspective on the next evolutionary phase of companies: enterprises will be organized like modularised protocols: Enterprise Evolution Model — The Modularisation of the Value Chain. In my model,
The Enterprise Evolution: From Hierarchical Institutions To Protocols
From the early days of capitalism, when from 1633 the Hollandische Mercurius referred to capitalists as the owners of capital, on to David Ricardo who, in his Principles of Political Economy and Taxation is seen as the one who actually coined the term capitalism, until today: the structure and behavior of the enterprise as the main capitalist entity, hasn’t changed that much. With the advent of blockchain technology, the evolution of