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Organiser la réactivité. Innovation et reconstruction dans les salles de marché du Lower Manhattan

Bibliographic Data

ID3080299
AuthorsDaniel Beunza (0000-0003-0164-7095), David Stark (0000-0003-2435-9619)
Year2003
Volume16
Issue63
Pages171-196
Publication date2003-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenuePolitix (JOURNAL)
Journal identifiersISSN: 0295-2319 • E-ISSN: 1953-8286
PublisherPERSEE Program (PUBLISHER)
DOI10.3406/polix.2003.1298
OpenAlexW1977106114
LanguageFR
Citations received2
References cited2

The organization of responsiveness: innovation and recovery in the trading rooms of Lower Manhattan Daniel Beunza, David Stark What is the organizational basis of responsiveness under conditions of crisis? In this essay we examine a trading room that was damaged in the September llth attack on the World Trade Center. What did the crisis reveal about the social practices and the technological tools of trading? Drawing on ethnographic field research prior to September llth, we show how the heterarchical (as opposed to hierarchical) organization of the trading room contributed to innovation on an ongoing basis. Drawing on our subsequent observations in the relocated trading room and focus group discussions with executives in other World Trade Center financial firms, we show that similarly heterarchical features contributed to innovation in response to crisis. Under conditions of radical uncertainty, one cannot know in advance what resources one will need, or even know in advance what might be a resource. Laterally distributed intelligence and a tolerance of multiple registers of valuation and interaction provide generative structures of resourcefulness where the replicative redundancy of contingency planning confronts its limits. We conclude with a brief discussion of the implications of our findings on innovation, location and responsiveness for the changing urban geography of finance and the redevelopment of Lower Manhattan

Business · Contingency plan · Economics · Economy · Management · Political science · Global Urban Networks and Dynamics · Housing, Finance, and Neoliberalism · Management and Organizational Studies · Finance

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    Daniel Beunza, David Stark•Politix•2003

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Unique citing works2
Citations per year0,09
Citation span2003 - 2019 (17)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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