Intriguing review of new book on network thinking.
The book is Linked: The New Science of Networks by Elbert-Laszlo Barabasi. This “NYT” review was good enough to make me order it from Amazon anyway. Quote:
“The extensions of Professor Barabasi’s thinking go in many directions. What caused Cisco Systems and other technology companies that outsource much of their production to be so clobbered in 2000 and 2001? Cisco, in particular, had bragged that its Internet-based supply chain meant that it would never be surprised by having too much inventory. But, Professor Barabasi writes, Cisco did not understand network effects and had to pay for billions of dollars’ worth of components in its extended supply chain; oddly, Cisco, the master of the network, didn’t think in network terms.”