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Delegating day-to-day investment decisions to large asset managers, as pension funds and many individual savers do, "introduces fundamental incentive problems between end investors and fund managers, which can induce destabilising behaviour and amplify shocks," the Washington-based organisation says.
The aim is to give staff the scope to have more control by delegating more power to the frontline".
He started work in a clothing shop in La Coruña at 13, and has always directed the design, manufacturing and selling side of the business, while delegating other parts, such as finance and IT.
He charges around the region meeting people, delegating responsibilities and resources to the municipal level and making symbolic gestures such as opening a lavish mansion used for state visits to newly weds.
He wisely ensured that ownership of the idea was widely spread by delegating design of the new curriculum to several faculty committees.
One reason for hoping that it could point to real change is Mr Annan's record for delegating and streamlining.
Mr Mubarak appears to be delegating more power, both formally and de facto, to Mr Suleiman.
Although the accord was rejected in a referendum, the process of delegating power to the provinces has continued.
And it espouses a philosophy of continuous improvement by delegating more responsibility to workers.
Of course, I made decisions and managed projects, but I rarely enjoyed meaningful independence in the sense of pitching ideas, delegating work to others or resolving conflicts on my own.
Disguises can be liberating and delegating can be arduous; she tried hiring models once, but found she hated it.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com