Tag: systemic risk

Value from Elon Musk’s ‘Idiot Index’?

“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

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Process Audit-Musk Style: A Systems Analysis Solution

“Auditing is defined as the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements.”  Elon Musk has just changed the Auditing Game! Most readers are aware that Elon Musk is leading a small task force of developers to assess the processes and spend of various federal government

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Who Owns the Intellectual Property Generated by AI?

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

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Strategic Sourcing?

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

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The Crisis/Challenge of AI in 2025

“Many processes are repeatable and only data inputs change.”                                                                                            

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What Does ‘Systemic’ Actually Mean?

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

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ESG Explained

According to Investopedia, “Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments.”  Definitions of the three components are pretty straightforward: Environmental–Generally refers to the stewardship of the planet and how organizations facilitate that responsibility. Social–Facilitating organizational responsibility to the global

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Clickbait Redux

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

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So Here We Go Again?

Will gas lines return? Recent geopolitical events have driven the price of gasoline sky high–again!  As of this writing it is difficult to say where this will all lead.  What is known is that the cost of all things related to petroleum have significantly increased and may go even higher. According to the U.S. Department

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100

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

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Heavy Metal Rocks

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,

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Welcome to the 70s—Again!

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)

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It’s Not THE Science, It’s THE Data

Watching one of the Sunday morning political news shows recently, as yet another pol described that the ‘science is changing‘ and mentioning the results of new data, it dawned on me that smart individuals are conflating science with data. By one definition, Science is “he intellectual and practical activity encompassing the systematic study of the

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Roadmap to Decision Making In the ‘Smart’ Era

“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

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ESG Implementation–Strong v Weak Revisited

“A healthy corporation acts on the interests of its stakeholders and customers” — Ari Melber, Journalist Currently, organizations are being implored to implement Environmental, Social, and Governance (ESG) driven business models.   Proponents even suggest that investment in organizations that do not have this imprimatur should be avoided or even divested. However, one wonders what has

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Its the Heart

“A good, quick, small team can beat a big, slow team any time.” — Paul William “Bear” Bryant, legendary college football coach In the early 1990s my former wife and I, both avid sailors decorated our boat for the local Christmas Boat Lane Parade.  While we had some help, most of the work was performed by the

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Point of View

What Are We Doing?   An interesting sign of the times.  Individuals on social media who identify themselves by name, photo, job (even senior) title, organization etc. are taking controversial positions on a variety of often emotional subjects.  In the old days discussions about , sex, politics and religion were off limits in the corporate

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Complicity or Write a Book?

I Need a Book Deal!   With the change of the US federal administration, previous key individuals are now coming out and writing books regarding their former boss.  This all the while with plenty of video evidence where these individuals pontificated a position and even changed their position dramatically while in the employ and in

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Post Covid-19 Operational Performance

Not the So-Called New Normal   The light at the end of the Covid-19 tunnel may not be the train many still believe.  Populations are being inoculated at very high rates.  Moreover, there is ample evidence in my metropolitan area that the general population no longer believes or adheres to the ‘advice of experts.’  This

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Open Sesame

A Year of Leadership–Or Not! On March 2, 2021 the Governor of Texas announced its 100% reopening–effectively proclaiming an end of the Covid-19 crisis.  Needless to say in our hyper-partisan world, many widely decried the decision and even accused him or bringing physical death to the state population. Mississippi announced a similar rollback of virus

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I Didn’t Do It, He Did — I Didn’t Do It Either, Someone Else Did

“When converted into productive thought and action, the energy it takes to blame, shame, and game is enough to launch anyone into heights of real success and happiness.”  – Charles F Glassman Entrée It is not often that an entire geographically LARGE state loses power and water simultaneously.  Now we know it can happen!  Welcome

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What Is Your Opinion Based On?

“Without data, you’re just another person with an opinion.” ~ W. Edwards Deming Data and its use is a very hot topic these days.  Significant controversy exists over decision making regarding Covid-19 strategies and the quality or lack there of the data supporting government policies.  Scientific disagreements and so called ‘academic arguments‘ are appropriate, especially

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Covid-19 Positive: Telemedicine Kicked into High Gear

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

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How Dare You!!

Lessons in Leadership—how dare you put young people in jeopardy for loss of life or failures they will live with the rest of their life? As we end Veteran’s Week, we are reminded of President Herbert Hoover’s comment, “Older men declare war.  But it is the youth that must fight and die.”  Hoover was president

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Linear Metrics in Non-Linear Times?

“If it disagrees with experiment, its wrong” Our point today is to assess how behavioral decisions are being made today; not about the politics of one candidate or the other. The race to the US presidential election has entered its final phase.  As of this writing, establishment wisdom holds the conventional candidate as the presumptive

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MVP: A Case of Failure

Not as Easy as it Seems When transforming this website to the Word Press platform, this author accepted the “wisdom” of various online sources and used a so called up and coming new Page Builder.  A huge mistake! After many failures and indeed public page lockups, I changed to a more established solution—the one used

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Radar: Technology Game Changer!

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

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Technology Assessment in the Era of Minimum Viable Product (MVP)

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

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man with burning stick while moving in darkness

Agility, Resiliency, Sustainability

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)”

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Tumultuous Decade: What’s Next for Oil & Gas?

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

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