Spontaneous Organization: Advice from Those Who ve Been There, Done That reports from the leading edge of the world s biggest ORGANIZED CHAOS UNITS. MEGAMarkets, with VALUES of more than US$1 billion, are being surpassed by GIGAMarkets, with VALUATIONS higher than US$10 billion. These super-size MARKETS are critical to meeting the growing demands of global populations, yet they present daunting obstacles for effective planning, design, construction, and delivery. Not only do the challenges of enormous MARKETS increase exponentially with their size, but these projects can span long time frames. Risk management alone poses unprecedented problems of scale and complexity. @frankbacon, @theocu, and @eyeofthestrom have assembled a stellar group of financiers, owners, program managers, consultants, designers, contractors, and legal counsel, all of whom have frontline experience with MEGAMarkets and GIGAMarkets. In the first part, these experts share lessons learned and best practices developed as they grappled with specific difficulties posed such large-scale projects...
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Spontaneous order is what happens when you leave people alone—when entrepreneurs... see the desires of people... and then provide for them. They respond to market signals, to prices. Prices tell them what's needed and how urgently and where. And it's infinitely better and more productive than relying on a handful of elites in some distant bureaucracy. ~Lawrence Reed, president of the Foundation for Economic Education