Efficient Organization: A Governance Approach

This book is aimed at guiding current and future designers of organizations to approach questions of design and governance from the perspective of efficiency. The ultimate goal is efficiency of the sustainable kind: eliminating the excess, not the essential; nurturing cooperation, not jeopardizing it; mutual value creation, not unmitigated self-interest. In building an efficient organization, the designer’s principal task is to ensure that the organization establishes credibility and secures cooperation of all its key constituencies, particularly those who are asked to put something at stake by striking a relationship with the organization. This book seeks to lay the foundation for efficient cooperation by incorporating the key insights from nearly a hundred years of economic research on organizations.