“For the only way in which a durable peace can be created is by world-wide restoration of economic activity and international trade.” – James Forrestal A recent article reviewed games that might be akin to the international trading process, chess, poker and bridge. That author argues that so much of our rhetoric is militaristic. We
According to the economist, Paul Craig Roberts, “Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.” Young and emerging countries may want tariffs to protect nascent industries and other local protections to help assure employment and rise of a strong
Are we doing this again with Artificial Intelligence? On March 10, 2000, a five-year dotcom bubble bursts on the Nasdaq Index. Even blue-chip tech companies lost more than 80% of their market value and it would be 15 years before Nasdaq would see that peak again. “The dotcom bubble, also known as the Internet bubble,
“The best teachers are those who show you where to look, but don’t tell you what to see.” –Alexandra K. Trenfor As a sales manager, executive and now independent advisor, I am often asked to go on sales calls. Sounds like what every sales executive should to, support the representative, interact with the client and
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett It is fascinating how many accident videos get posted to social media. Guess we all go to NASCAR races to see car wrecks. In some cases, videos are personal
“If the ratio is high, you’re an idiot.” – Elon Musk “Musk developed the ‘idiot index,’ which calculated how much more costly a finished product was than the cost of its basic materials. If a product had a high idiot index, its cost could be reduced significantly by devising more efficient manufacturing techniques.” Effectively, what
Disclaimer: The author is not an attorney, and this document is not meant to be a legal opinion in any sense. Interested readers should contact their legal counsel for any Intellectual Property (IP) determination. This blog simply raises a question that is generally not addressed regarding ownership rights of the content and products developed using
Is outsourcing software development strategic or simply a cost saving method? It Depends The most infamous words in software development. Yes, it depends on the task at hand, but this cop out has long been a way to forego the development of a robust economic value and risk assessment. According to one vendor, “Engineering started
“Many processes are repeatable and only data inputs change.”
The Day the Congress Stood Still On December 18, 2024, Elon Musk delivered on the social media site, 𝕏 the death knell of a 1500+ page so called Continuing Resolution that was to stave off a Federal Government shutdown. Later it was replaced with a much shorter (100+ page) bill that passed largely intact. This
Eagles Soar, others flock. Post the US election, it seems that many on the losing side are circling the wagons and pointing to the ‘other guy’ to blame for a series of political sins. Like fish in a school, the belief seems to be that the crowd provides an element of protection. But is this belief
This Blog is dedicated to the memory of Eugene Lindsay, 1931-2015. For many years, Gene was one of my sales representatives, confidant and a friend. The title of this piece is attributed to him. The United States is still in the throes of the election aftermath and the President just pardoned his son; something he
“The only rules are the ones dictated by the laws of physics. Everything else is a recommendation.” — Walter Isaacson/Elon Musk We live in a spreadsheet society. Columns of Categories of People and Rows of Wants, Needs, and Desires. This model is too simplistic. What is needed, and Big Data can provide, is a more sophisticated approach.
“Cognitive dissonance is the mental discomfort that results from holding two conflicting beliefs, values, or attitudes.” — Verywellmind Typically, we associate this behavioral issue with individual humans. Yet, aren’t organization comprised of human beings? Well at least until the AI robots take over. There can be many issues causing individual and collective angst and some
The word Systemic is tossed around quite loosely these days. Especially when discussing social issues and politics. But what does it really mean when we say something is systemic by nature? By one definition it is, “Of or relating to a system or a system and other relating to or affecting the entire body or
According to no less than the Cleveland Clinic, ” Studies (regarding multitasking) show it makes us less efficient and more prone to errors.” Cleveland Clinic goes on to make the case: When tasks are easy and routine such as, “like listening to music while walking, or folding laundry while watching TV,” these are generally not
Burr! Its winter in the northern hemisphere and many shiver from the cold. The ‘Many’ include batteries. We have know for generations that cold weather negatively affects electrical batteries. So, it should come as no surprise that Electric Vehicles (EVs) performance can suffer greatly when the temperatures are extremely cold. This phenomenon is not limited
Once Again Organizational Safety Cultures Have Failed. Why Does This Keep Happening? The controversial Normal Accident Theory suggests that in complex systems accidents are enviable. So it would seem with continued major disruptions in Critical Infrastructure Sectors. We have argued that this is not necessarily correct. Systemic Safety Culture Following the Deepwater Horizon incident in
The (credited to) Chinese saying, “May you live in interesting times” was once reframed by a colleague of mine. He suggested, “May we live in less interesting times.” His statement was made years ago in yet another major economic downturn. Today, we are living in the turmoil of economic inflation as well as civil unrest,
How many times have you seen someone do something incredibly stupid, even risking their life? What a turkey! Story goes that Benjamin Franklin proposed the turkey as the American National Bird. Almost 250 years later, this bird often carries a different connotation. Often maligned, this tasty fowl has its day once a year. Even two are
Incredible!! The level of hate as shown on any media today is just that, incredible. Thieving, beating, sexual abusing and murdering seem taken as the “New Normal.” Young people are throwing away future careers as they appear in the omnipresent media shouting hate towards one group. Wearing masks simply make them look like common criminals.
According to one source, “The (Halloween) tradition originated with the ancient Celtic festival of Samhain, when people would light bonfires and wear costumes to ward off ghosts.” Is your organization dressing up to fight for an old dead culture? The Answer is NO, Even if it Kills Me!! Decades an organization I know well acquired
In our forthcoming book, “Navigating the Data Minefields: Management’s Guide to Better Decision-Making” we coined the term, Valid, Reliable and Timely (VRT). “This term identifies all data dimensions including its temporal component.” Check Up When we go to the doctor we expect that the information conferred by this professional is Correct, Consistent with the current
Today, those of us in the United States and indeed many other parts of the world celebrate the 247th year of Freedom. Generally, freedom is seen as a function of speech, religion, lifestyle choices and even entrepreneurship. In 1941, President Franklin Roosevelt proposed Four Fundamental Freedoms: Freedom of Speech Freedom of Worship Freedom from Want
The first thing a statistician, data scientist, medical researcher, engineer, social scientist or anyone depending on data is to assess its quality. As of this writing, the recent release of the Durham Report suggests that the FBI was lax in their assessment of the alleged Russian influence in the 2016 presidential election cycle. This resulted
Hard to believe that 13 years ago the offshore oil and gas industry changed forever. On April 20, 2010 the Deepwater Horizon drilling rig exploded, later sank. “Approximately 134 million gallons of oil had spilled into the Gulf, the largest offshore oil spill in U.S. history.” One recent LinkedIn comment suggested that nothing had changed
This author recently received an automated text message regarding an upcoming process. Received the day before the scheduled process, the text described pre-process procedures (as if it was in the future) to be completed 72 hours beforehand. Customer Relationship Management (CRM) systems are ubiquitous. These automated systems remind customers of valid business relationships as well
Why are Diversity, Equity and Inclusion (DEI) initiatives failing? In previous blogs, we have addressed the challenges of turning organizational initiatives into culture. Moreover, we discussed DEI and the shortcomings of those institutional efforts as well as broached the construct of Teams incorporating DEI. In this edition, we will expand on those subjects and develop
Why are we so worried about what the world will look like in 2050? In that year, this pundit will be 102 years old and most likely dead. While not denying that our stewardship of the planet is an obligation, perhaps our focus is misplaced. Climate Change, Climate Change, Climate Change has become the mantra
Attributed to the late Martha Mitchell, wife of the then Attorney General Oxford defines it as “A misinterpretation of a person’s justified belief as a delusion, often by a psychiatrist, clinical psychologist, or general practitioner.” Climate deniers, election deniers, COVID vaccine deniers, The Science deniers and all kind of deniers. Treated as delusional and even
