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I've studied business histories, a bunch of them - they're not just frameworks, they're entirely different ways of thinking about the problem. Business have ne
by Aloha 4y ago
I've studied business histories, a bunch of them - they're not just frameworks, they're entirely different ways of thinking about the problem.
Business have needed to solve mostly the same internal structural, reporting, accountability and accounting issues since the industrial revolution - none of this is really new.
The first great change was double entry bookkeeping, then the telegraph and telephone increased the size and scope of businesses, and allowed centralized control, then tabulating machines allowed easier data processing and statistical analysis, computers came and allowed higher complexity, then teleconferencing allowing more distribution, and so on.
If you have an example of what you're talking about I'd love to read it.
- vasco 4y agoMaybe a couple that come to mind: > Businesses reporting GAAP vs before GAAP existed. > Businesses working towards ISO / SOC type certifications vs before these existed Just those two things, financial regulations and compliance frameworks have made businesses operate much more similarly in broad strokes than before these existed. The original argument you replied to is that over time, businesses have become more similar, and I think these things have made businesses way more similar. You're a public company you report on the same metrics now. Before there was any regulation or even a stock market, businesses operated way more differently and you would have to learn everything by being there.
- Aloha 4y agoI've worked in ISO companies and non-ISO companies. ISO 9000 (I think 9000, it might be 9001) is less about standardization and more about documentation - you can use any process you want to produce a result provided it is adequately documented, and reproducible, the process can be anything you like so long as its a documented one. Similarly, you can deviate from that process all you like, provided you document those exceptions and why they were made.