What are the advantages of decentralization?
Decentralization offers several benefits, including increased efficiency, enhanced innovation, and improved responsiveness to local needs.
Can you explain how it improves efficiency?
Sure! Decentralization allows decision-making to occur closer to the point of action, reducing delays and enabling quicker responses.
What about innovation? How does decentralization foster that?
Decentralization encourages diverse ideas and solutions, as local teams can experiment and adapt without waiting for central approval.
Are there any downsides to decentralization?
Yes, potential downsides include inconsistency in decision-making and the risk of resource duplication across decentralized units.
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