2022-May; Trust Me, I’m an Engineer
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The Challenge of Rebuilding U.S. Domestic Supply Chains
Summery: Massachusetts-based Shawmut scrambled to expand production to meet the soaring demand for N95 masks and hospital gowns during the pandemic. Its experiences illustrates a crucial point that policymakers should take to heart: Once a country loses its industrial commons points — the capabilities needed to support the development and production of many goods — restoring…
Devolving Volvo
Is it ever a wise thing in business to cut your losses and walk away? That’s the question on everyone’s lips as Ford sells Volvo to Geely. Some would say Ford got more out of the deal as they gained more technology from Volvo’s safety engineering. But the harsh truth is, that this was probably the…
What’s an Algorithm?
What is an algorithm? It is a method of solving problems both big and small. Though computers run algorithms constantly, humans can also solve problems with algorithms. Algorithms can be, for these reasons and more, most beneficial to an organization when it comes to problem solving, risk management, and improve its overall Operational Excellence rating. In…
TED: A series on stress
The Editors at the Operational Excellence Society created a collection of TED Talks on the topic of stress; starting with stress in the mind, then stress in the body, then the cost of stress and what to do about to reduce it. How stress effects our brain: Stress isn’t always a bad thing; it can…
Career Planning: Don’t Set Too Many Goals for Yourself
In an era where we’re constantly bombarded with an overload of information, we as individuals tend to put a lot into setting a multitude of prioritized goals and dividing our focal points. And this strategy is certainly no different in the world of today’s corporations. However, according to HBR, speed and flexibility – as opposed…