With this article, the Economist expounds on modern-day financial greek myths, and enlists what happened after the euro zone rescued Greece in 2010. So, as a consequence, Germany insisted on enlisting the IMF. Then some worried about letting the Washington-based institution meddle in Europe. But Germany wanted the IMF as external enforcer, to impose rigour not…
The Economist reports on the growing problem in regard to higher educational institutions in America: They represent declining value for money to their students. While at first glance, American higher education seems to be in good health, in actual fact it is not what it used to be. Actually, there is growing anxiety in America about…
ByTED
Skeptic Michael Shermer debunks myths, superstitions and urban legends — and explains why we believe them. Along with publishing Skeptic Magazine, he’s author of Why People Believe Weird Things and The Mind of the Market. In this fascinating TED talk, he poses the thought-provoking question of why people see the Virgin Mary on a cheese sandwich or…
It’s no secret that the tech industry has a long history of drama, squabbles, and rivalry in general. The 80’s saw IBM and Apple take center stage in the squabble spotlight, and then Microsoft and Netscape entered into fisticuffs in the 1990’s. Fast forward a few years, and what we have today are four large…
I spend a lot of time in the world of “Continuous Improvement”. I speak on the subject at Conferences and Universities around the world. I write articles about it. I am even on the Editorial Board of the Lean Management Journal. So I guess that I spend more than just time, I am thoroughly invested…
The ‘Lean’ methodology originally applied to manufacturing and design processes, as ‘Lean manufacturing’ was championed by the pre-eminent American, Dr Edwards Deming. In the post war boom years, US industry shunned Deming’s work, so Deming transported his methods and concepts to the fledgling Japanese auto manufacturers. Deming’s early Lean methodologies focused mainly around the application…
