Managing by wire

Managing by Wire is a management strategy for enterprises of a dynamically changing markets with a high level of concurrency.
The concept forces switching from a conventional make-and-sell model to sense and response to the rapidly changing customer needs using most modern information technologies. As an analogue a fly-by-wire concept invented in 1950s for jets is presented. According to fly-by-wire a pilot must focus on general flight parameters while information technologies control the plain and reacts to changing environment.
History
Managing by Wire was first presented in in 1993 by Stephan Haeckel and Richard Nolan.
Key principles
The key principle is to create a digital model of the enterprise describing (at the most available detail level) processes taking part. As a digital model is created managing of the enterprise must move their focus from manipulating real-world processes to the programming procedures and changes to the digital model, which in turn influence to the real-world processes.

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