La organización de la respuesta

innovación y recuperación en las salas de operaciónes financieras del Bajo Manhattan

Authors

DOI:

https://doi.org/10.5477/cis/reis.107.89

Keywords:

Theory of Organizations, Heterarchy, Planning for Emergencies, Socio-technical Networks, Economic Geography, Eleventh of September [2001]

Abstract

What is the organizational basis of the capacity for recovery from a crisis? In this study, we
examine a financial operations room that was damaged in the attack on the World Trade Center on
11th September 2001. What does the crisis reveal about social practices and the technological
instruments of buying and selling? Taking as the point of departure our field research carried out
prior to the eleventh of September, we demonstrate how the heterarchical (as opposed to the
hierarchical) organization of the operations room spontaneously stimulated innovations, as events
developed. Through the observations we have made after the attack, as well as approach groups
with executives from various World Trade Center financial companies, we show that the
heterarchical characteristics contributed to innovation in the response to the crisis. Under conditions
of radical uncertainty, it is not possible to know beforehand about the resources that will be
necessary, or even know in advance what a resource could be. Laterally distributed intelligence and
the tolerance of multiple appraisal and interaction registers provide generative structures in which
the replicative redundancy of planning for emergencies faces its limits. We conclude with a brief
discussion of the implications that our findings on innovation, location and capacity for response
have for present-day changes in the urban geography of finance in Lower Manhattan.

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Published

2024-02-12

How to Cite

Beunza, D., & Stark, D. (2024). La organización de la respuesta: innovación y recuperación en las salas de operaciónes financieras del Bajo Manhattan. Revista Española De Investigaciones Sociológicas, (107), 89–122. https://doi.org/10.5477/cis/reis.107.89

Issue

Section

Estudios