The collected Body Of Knowledge of the Operational Excellence Society.
India’s economy – which was thought to be on the path to speedy economic growth – appears to be experiencing anything but. The countries recent GDP figures are the worst in 9 years, and an economic comeback at this point seems unlikely. Expectations for growth over the next couple of years will probably slip further,…
ByTED
How do you read a two-thousand-year-old manuscript that has been erased, cut up, written on and painted over? With a powerful particle accelerator, of course! Curator and rare book scholar William Noel believes museums should make their collections free and available on the internet. In this fascinating TED Talk, Noel shares the intriguing story behind…
The original idea behind the birth of 3D printing was being able to create one-off prototypes. However, as the technology improves, more items are being printed as final products (a process known as additive manufacturing). As there are extremely few economies of scale in this technology is ideally suited to low-volume production. Now, freed of…
ByTED
Social science researcher Michael Norton spends his time dedicated to learning more about how we feel about what we buy and spend. In this universally applicable TED Talk Cambridge, Norton refutes the age-old saying “money can’t buy happiness”. Only, he throws in a twist. In his research, Norton has discovered that it is indeed possible…
Would you get on an airplane if it you knew the flight would fail 25-70% of the time? What if it was only 1% of the time? Would you get on an airplane if you knew one out of every hundred (1:100) flights would fail? That would be a failure rate of approximately one flight per hour, every hour,…
Budget business insanity in government, public and private sectors is said to be the practice of management trying to reduce cost this year while still using last year’s processes.
