Governance structure

So far, we have covered the various business models, looked at the impact of centralization versus decentralization, and explored the various kinds of decisions, along with the roles and responsibilities required to support those decisions.

We will now see how organizations have been structuring themselves to provide a coherent approach that deals with the different levels of focus that decision makers will have, depending on their role.

While the presentation of centralized and decentralized governance will appear very distinct from each other, in real applications there are shades of grey, where some functions may be centralized and others decentralized. Again, much of this will have to do with the business model and imperatives driving the network.

Centralized governance

While a network may adopt centralized or decentralized governance, each organization will also have their own mechanism to control who makes decisions. Typically, organizations will rely internally on...