A great essay by Leonard Read: I, Pencil.
It walks us through the bottom-up process that goes into making a single lead pencil. I always marvel at how many things need to fall into place for even the most basic stuff to happen. A very entertaining read.
When I was at Microsoft it become clear that most projects these days are so complex that no one person can load all the relevant parameters into his or her head at any given time. It usually takes a team. Unfortunately, human communication is far from perfect, so a lot of the uncertainty gets shuffled into the communication channel. I see this as a potential source of kurtosis risk even for what may be a bottom-up process. I wonder if that may be because communication is often designed top-down, with information needing to be stuffed into pre-designed templates and brought up within company protocols. Does kurtosis risk gravitate to dimensions that are top-down?
