“On Singling Out Followers”, by XONITEK’s Joseph Paris, reflects on Willi Schneider’s article, published in an earlier edition of LMJ, and expresses his view on followership. Plus, continued media coverage of the Operational Excellence Society. Published in Lean Management Journal in the June 2013 issue.
The mood among Japan’s would-be business moguls is at its most buoyant since the “dotcom bubble” burst a decade ago. According to one man called Takafumi Horie who’s involved in no fewer than 30 new companies, it begin from now. And by “it”, he means that the fallen Japanese entrepreneur can make a comeback. Moreover, the prime…
Reuters reports that suppliers of everything from groceries to sports equipment are being squeezed for price cuts and cost sharing by Wal-Mart Stores. Moreover, they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week. The discount store has always had a reputation for demanding…
Artificial Intelligence (AI) has the potential to significantly impact the field of continuous improvement by providing organizations with new tools and techniques to identify and eliminate waste and improve performance. Some ways that AI can be used in continuous improvement include: It is worth mentioning that AI is not a silver bullet, the success of…
Recent studies done revealed that people are generally poor at considering background information when making individual decisions. At first glance this might seem like a strength that grants the ability to make judgments which are unbiased by external factors. But in a world of quotas and limits, two researchers suspected that it was actually a weakness….
In Bloomberg Technology news, word is that research firm Muddy Waters LLC was correct to focus on NQ Mobile Inc.’s delays in collecting customers’ payments as part of an 81-page report that labeled the Beijing-based mobile service provider a “massive fraud”. But, simultaneously, accountants, professors and a lawyer interviewed by Bloomberg News said the report’s…
According to Bloomberg, the U.S. is proving to be an oasis of prosperity in the midst of a struggling world economy. With unemployment dropping to a six-year low of 5.9 percent, and U.S. factories experiencing their strongest quarter in more than three years – the internal dynamics of the U.S economy are very strong right now….
