Managing Tension at the Margin As September draws to a close the Houston metropolitan area has dodged two hurricane bullets; Laura and Beta. Fingers crossed that this very active season draws to an early and quiet close. The beauty and downside of the 24/7 news and weather reporting is that lay people learn more jargon
The battle of Leyte Gulf in 1944 with over 200,000 individuals involved is possibly the largest naval battle in history. Hopefully, one of the last ones. In that battle, the submarine USS Darter initially detected (on radar) the Japanese task force early on October 23. Other US naval vessels spotted that armada shortly thereafter on
In statistics a Latent Variable can be defined as, ‘a variable inferred from observed or measured data.’ Its analysis is often used psychology, economics, and predictive modeling. This author used Structural Equation Models (SEM) in his 1996 doctoral dissertation, Cross Cultural Negotiations Between Japanese and American Businessmen: A Systems Analysis (Exploratory Study). From that abstract,
It appears that issues associated with the Covid-19 pandemic will remain for some time. Hopefully, the emerging vaccines will be readily available in the coming months. That said, one of the disruptive changes that may codify is Working from Home. In our March 16, 2020 piece, Home Base During a Crisis: ‘get up, clean up
Current events may have us all longing for the ‘good ole days.’ Sounds good on paper but not something any of us can realize. Nostalgia aside we all must continue to slog on. It is after all a one-way trip and there is no Delorean to help us. The Challenge of Change People change all
In a recent Harvard Business Review, I was struck by an article about Best Practices for small businesses. From that piece, “To successfully navigate Volatile, Uncertain, Complex and Ambiguous (VUCA) challenges like Covid-19, family business leaders can look to best practices from another organization that specializes in VUCA situations—the U.S. military’s Special Operations Forces (SOF)”
Let me understate, ‘working in the petroleum sector has always been challenging.’ Now we find ourselves in a major economic downturn caused by a Covid-19 pandemic and aided and abetted by an international crude oil price war. Once again, many thousands have lost their livelihood and possibly not return to a similar job as the
April 20, 2020 marks the tenth anniversary of one of the most horrific incidents in the upstream oil and gas sector—Deepwater Horizon. In addition to the tragic loss of eleven lives, the sector forever changed. Immediate restructuring of federal oversight resulted in the establishment of the Bureau of Safety and Environmental Enforcement (BSEE) and their
The anecdote, ‘A Funny Thing Happened on the Way to’ wherever manifests itself for a number of paths. One interpretation; we often end up somewhere other than expected. We find ourselves at another historical precipice. Some suggest Armageddon, the end of life as we know it and the emergence of a new normal. This writer
In the middle of a global pandemic, all of us who can are advised to work from home. Many of us have worked remotely for a while now. Whether traveling, dealing with sick children, avoiding traffic or dealing with a natural disaster remote management has become part of our business DNA. Yet, this pundit was
According to legend, the term KISS or ‘Keep It Simple, Stupid’ was coined by Kelly Johnson, lead engineer at the Lockheed Skunk Works and noted by the US Navy as early as 1960. Subsequent phrases such as ‘Less is More’ followed. At first glance, it makes sense not to overly complicate a product, process or
By one measure, the US presidential primary season is off to a rough start. In a small state, counting the ballots became a challenge. Wasn’t technology supposed to solve the problems of past confusions? Yet the mechanism seemingly failed—again! How is this different from the Boeing Max 8 disaster? In one sense it isn’t. Disclaimer:
The advent of 5 G so soon after 4 G—Humm. What’s next? How many G’s are there? In 1965, Gordon Moore put forth the construct that the density of transistors in integrated circuits doubled each year. The so-called Moore’s Law has governed technology growth ever since. However; over 50 years later, some argue that we
Depending on one’s perspective, 2020 is either the end of the last decade or the beginning of this one. One can argue that our actual birthday is the day we were born and 12 months later we are one year old. This suggests that on our tenth birthday we have lived a decade and a
Generally, this time of year humans are wont to look back on the closing year and assess the good and the bad, and dare I say the ugly? We celebrate successes, review the not so successes, and what is left undone. This process prepares us for the New Year’s resolutions that are often then broken.
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