James William Awad is the founder of TripleOne, the first decentralized business in the world. Under James William Awad’s leadership, TripleOne operates over 19 companies.
In a decentralized company, its executives or leaders place the decision-making of the local managers or associated companies on their hands, unlike a centralized company where all the decision-making is done at the top with little to no influence on behalf of the lower companies or associates involved. One of the benefits of a decentralized company is the freedom and authority given to the associates, which translates into better products or sales.
Employees can adapt and improve their products. In case of demands, they can add it to the offer instead of wasting time talking with the leaders, and waiting for approval, time in which the clients may disappear from the lack of the product they wished for. Decentralization also improves the company’s morale since everyone has a choice and is responsible for the outcome of their work.
James William Awad 