Excellent comment from Antoin O Lachtnain on Joi Ito’s blog.
IT allows information to spread and percolate much faster than was possible before. But good information is only half of good management and good leadership.
The other half is decisionmaking and execution, and this is where the problems arise. Just because there’s a mechanism in an organisation or group for collecting and disseminating information and opinions, it doesn’t mean that there’s a mechanism for making collective decisions and putting them into effect.