The April 13-14, 2019 edition of the Wall Street Journal featured an opinion piece by Holman W. Jenkins, Jr., Russiagate and the Media’s News Denial. The author makes the point, “Judgement is teachable. Long ago, in relation to the Enron debacle, I pointed to the work of Harvard’s Max Bazerman and Northwestern’s David Messick, who
True Story! A couple of decades ago when I was the sales manager of a technology line of business that was part of a much larger organization, an excited young sales representative rushed into my office. He just had to tell me that he just rode up the elevator and an older gentleman wearing a
Over the past couple of weeks this writer has been part of several conversations regarding the value proposition of technology for established as well as startup companies and how to articulate it. This remains a tough subject and we have been addressing it over the years. However, there is an approach that is successful when
On March 10, 2019 the second Boeing 737 Max 8 (in approximately 5 months) crashed in Ethiopia. This incident has led to extensive investigations and as of this writing that model aircraft is grounded. This pundit cannot and will not hazard a guess as to ‘why’ this aviation incident happened and what its ramifications will
Supply and Demand Model This is the classic Supply and Demand curve model that most studied in economics. This is a ten step model and you can set it using your prices and current demand curve–Base. Demand Intervals are in whole units (probably will not sell half an automobile) and the prices are expressed in
Models and Checklists Management Science at your Fingertips Welcome to RRI’s Models and Checklists. For years, the firm has developed a set of economic and financial models supporting our practice. Additionally and especially for regulatory requirements such as the Safety and Environmental Management System (SEMS) for the Safety Culture we have used several ‘check list’
“Ergonomics (or Human Factors) is the scientific discipline concerned with the understanding of interactions among humans and other elements of a system, and the profession that applies theory, principles, data and methods to design to optimize human well-being and overall system performance.” According to Gartner, “Digitalization is the use of digital technologies to change a
Welcome to the Standard Version of the Economic Value Proposition Matrix (R) model. Please feel free to use it to solve your challenging valuation problems. As a client, you have access to the full capabilities of this leading CAPEX valuation solution. Additional supporting materials include our EVPM QuickStart Guide and video, Making the Complex Sale: Selling to
Welcome to the Free Version of the Economic Value Proposition Matrix (R) model. Please feel free to use it to solve your challenging valuation problems. Addition supporting materials include our EVPM QuickStart Guide and video, Making the Complex Sale: Selling to Industrial/Enterprise Customers in which the EVPM is featured. For additional information or to license the Standard
Reliability is the ability to maintain performance during complexity, uncertainty, and the unexpected. Reliability is a function of: Managing Complexity Decision-Making Managing Errors Learning Managing the Unexpected High Reliability Management Action Plan The Rapid Response Institute has developed an Implementation Plan to transform organizations into High Reliability Organizations as part of their
