“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.
In 2025, our new book, Navigating the Data Minefields: Management’s Guide to Better Decision-Making will be released by CRC Press. This is an accompanying book to our 2023 book, Smart Manufacturing: Integrating Transformational Technologies for Competitiveness and Sustainability. Both books focus on the use of advanced information technologies to attain and sustain Operational Excellence. Today,
This author is working on a book to be published in early 2025 that addresses issues about the decision to procure and implement today’s exploding technologies such as Artificial Intelligence (AI). So, for this edition, we wanted to try something new. We are going to ask Chat GPT how to sell Artificial Intelligence and glean knowledge
The world is abuzz, not with the US presidential election, but with Artificial Intelligence (AI). How do you feel about this game changing suite of technologies? Whether we agree or not, the AI tsunami is coming ashore. What we, as individuals do about this phenomenon will dictate the remainder of our career and even quality
Creative destruction is the dismantling of long-standing practices in order to make way for innovation and is seen as a driving force of capitalism. We live in an era of hyper-change. Technology to be sure, but all social constructs are under duress. The question is, how will all of us at an individual level deal with
We all rely on Apps for most of our decision making. But, how do we know the app is providing the correct answer? The stories about spreadsheet errors are legendary and are usually the result of human ‘data entry’ or ‘calculation’ errors. However, software can be the root cause for problems. Software bugs are classified into
Oh My, I am Swamped by this Firehose of New Technologies. How can I Understand, Much Less Use These Tools? Like most of us, our job is not about new bigger, better, faster IT. We have the daily grind to attend to and quarterly metrics to make. What we need from IT providers (internal and
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
We are pleased to announce the publication of our new book, Smart Manufacturing: Integrating Transformational Technologies for Competitiveness and Sustainability. The first sentence in the Abstract of Chapter 2, Operational Technologies reads, “There is a lot of information about ‘Smart Manufacturing’ albeit precious little information about its implementation and ongoing sustainability. Without a set of
We are offered the world at the tip of our fingers, But! There are many prices to pay. Theft by scam simply by clicking on a great opportunity is getting more sophisticated all the time. Recently, this pundit was offered a once in a lifetime possibility if only I would listen to an MS Office
This edition marks the 100th post in our Critical Mass Blog series. We have sought to provide thoughtful, unbiased insight into the contemporary business and organizational challenges we all face. Since our first blog post on November 27, 2017 our world has turned over in ways none expected. Likely, this trend will continue. This series
This edition is taken from our forthcoming book tentatively titled, Techniques for Successfully Closing Deals in the 21st Century. New Year’s Resolutions We all make them and in many cases they are short lived, often falling by the wayside before March 31. So as we ponder what the new year will bring, most in
Almost every day, we hear that “The Science” says . . . We are told Covid-19 and Climate Change are based on The Science and as such we must accept that expert analyses as ‘settled.’ Then something changes and once more the science police demand we accept their new interpretation. The near-term result: confusion and
Not the rock bands of the 1960s–1980s, but the mining required to extract the heavy metals necessary for electric vehicles and other renewable energy solutions. So, what is a heavy metal and why do we care? Typically, “In science, a heavy metal is a metallic element which is toxic and has a high density, specific gravity or atomic weight. However,
The writing instrument, the pencil is purported to have been invented in 1795. It has been around for a while and continues to serve a useful purpose. In the following video, the late economist Milton Friedman describes the process for manufacturing this simple longstanding tool. The point he makes is that regardless of the simplicity
This Baby Boomer graduated from college in 1970. Just in time for Saturday Night Fever and Grease, Avocado colored refrigerators and Harvest Gold dinnerware. Plus, the best friend a then bachelor ever had–the microwave oven! Not to forget the Gasoline Lines and Hyper Inflation, Vietnam, Peace/Race Protests/Riots, a Major Recession, Stagflation and other wonderful (not)
Picture sourced from LinkedIn, author unknown. It seems like there are a lot of answers these days, even to questions that have not been posed. As of this writing, this author understands that masks work for Covid-19 but vaccines not so much although we are advised to get the shots and even a third one
“Nothing is more difficult, and therefore more precious, than to be able to decide.” — Napoleon Bonaparte Volumes have been written on decision-making and this pundit has offered his share of insight and comment on the subject as well. Some of our comments regard the appropriateness of the human intercession in electronic decision making. Others
Salute Ladies and Gentlemen! December 7, 1941 was 79 years ago. A twenty-year-old at the time would be 99 today, almost a centenarian. My father is 98 and not likely to see 2021. We live in a technological age, and despite the pandemic it is relatively easy living for many. No one is asking our
Crisis Drives Change In 2001 this writer approached the Houston medical community, post tropical storm Allison which flooded many basements in the Houston Medical Center with the loss of experimental data and other records. We proposed the development of an Internet based solution to hold and manage medical records of all types. The response to
Melvin—a story of growth. At beginning of my oil and gas career, I was partnered with my mentor to be and at the time my supervisor; Melvin. A gruff old cuss, he was a long-time south Louisiana ‘Cajun’ field engineer. Little did I know at the time the next months would be life changing for
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,
App developers have fallen in love with the concept of Minimum Viable Product aka MVP. Wikipedia defines minimum viable product (MVP) as “a version of a product with just enough features to satisfy early customers and provide feedback for future product development.” This development model might make some sense for consumer software or even some
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
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
