This. I previously worked for a company that does purely outsourcing work; they nowadays have a bossless hierarchy (apart from project leads, who are named ane

This. I previously worked for a company that does purely outsourcing work; they nowadays have a bossless hierarchy (apart from project leads, who are named anew for every project, and basically anyone willing can volunteer). It seems to work well for them, and I don't see why not. Now I'm in a "product company", and the needs are completely different. Like has been stated elsewhere in this thread, when making products, there just has to be someone making the final decisions, i.e. being the product owner.