Heterarchy and me: a love story

I stumbled across this gem in the winter edition of European Business Forum:

"Since the mid-1980s, it has been argued that because subsidiaries are increasingly knowledge-rich, multinationals are moving away from a vertical model where knowledge flows top-down from headquarters, to a new model often referred to as heterarchy. A heterarchy is an 'integrated network' characterised by strong lateral links and interactions across sub-units. The role of headquarters is to design a process architecture rather than to exert control in a classical hierarchical sense."

You can read the full article on the magazine's website.