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Dr Turnbull's created a method for designing, comparing and evaluating organisations in the private, non-profit and government sectors. This was achieved by applying the science of control and communication used by scientists to design complex self-regulating machinery and self-governing robots to the control and communication systems among individuals and their organisations. Transaction Byte Analysis is used to replace and extend the explanatory power of Transaction Costs Economics to allow the evaluation of complex organisations. The analysis is based on the laws of cybernetics. They…mehr

Produktbeschreibung
Dr Turnbull's created a method for designing, comparing and evaluating organisations in the private, non-profit and government sectors. This was achieved by applying the science of control and communication used by scientists to design complex self-regulating machinery and self-governing robots to the control and communication systems among individuals and their organisations. Transaction Byte Analysis is used to replace and extend the explanatory power of Transaction Costs Economics to allow the evaluation of complex organisations. The analysis is based on the laws of cybernetics. They explain why DNA has hard-wired social creatures to be governed by neural networks and possess contrary behaviour. Unlike hierarchies, network governance allows individuals and organisations to be contrary. This provides resilience to efficiently and reliably sustain their existence in complex environments. Command and control hierarchies inhibit contrariness and so resilience. This explains why extended communications hierarchies are not found in nature. The title of the research was: "The governance of firms controlled by more than one board: Theory development and examples".
Autorenporträt
BSc (Melb.), MBA (Harvard), PhD (Macq.). As a serial entrepreneur he formed two mutual funds & three listed firms. He reorganized other firms as their chair, CEO or adviser for a private equity group that he was a founding member. He co-founded the first course in the world to provide an educational qualification for company directors.