The collected Body Of Knowledge of the Operational Excellence Society.
The Economist puts China in the spotlight once more, and not only for its legacy of malinvestment. As it stands, Economists and policymakers around the world want China to consume more, in return for a reduction of its dependence on investment. The overall conception is that no economy that invests so heavily can possibly invest it all…
Complacency – (Satisfied: Self-satisfied, usually in an unreflective way and without being aware of possible dangers) What does a car, a business, or a person have in common? I had never given it much thought until I recently went to start my car after work, which has 100,000 plus miles, and found that as soon as I…
Discrepancies in performance, losses or incidents happen, but are they accidents? Has the organization really stopped to analyze why projects or processes are experiencing disruptions, inefficiencies, accidents, and losses? Why are workers not meeting expectations or getting hurt in spite of standards, programs, policies, procedures, training, and possibly everyone’s best efforts? How can the situation…
One of the most favourite things I get to do is being involved in academia; especially being able to mentor students as they embark upon their careers. It is one of the very best ways of which I can think to “give back”, or even “pay it forward”. And it is usually this time of year –…
Germany is applying the pressure on its European counterparts to move toward fiscal integration. German Chancellor Angela Merkel is on a mission to implement some form of central authority to take charge of euro area finances, and numerous new powers for the European Commission, European Parliament and European Court of Justice. It has also been…
America’s natural gas industry is still on the up-and-up. Over the past few years, the country’s shale-gas industry has grown by a whopping 45% per year. At this point, the country produces significantly more gas than it requires. Problems the USA are experiencing, such as insufficient storage space and declining gas prices, are problems that…
