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Principle 3: Closed-Loop
Learning
The Dutch flower auction in Aalsmeer, The Netherlands, takes
place in one of the largest enclosed commercial buildings in the
world—larger than 120 soccer fields. At precisely 6 a.m. every
day, hundreds of buyers assemble in the five auction rooms of
FloraHolland in Aalsmeer to buy fresh cut flowers and plants.
Anxious bidders sit with fingers on buttons as an electronic
clock signals the remaining time and the current price in one
auction after another—each usually lasting no more than a few
seconds. Below the clock is a kaleidoscopic procession of colored
flowers in three-tier carts representing the ...