Tag: systemic risk

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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Restoring the Global Economy: Starting Today!

Prognosticators of the future, including this one are speculating on the Post-Covid-19 world.  As with every disruptive crisis, things change going forward.  This one will be no different and will probably accelerate certain trends, end some and generate many new opportunities.  Some industry sectors and many organizations will need to transmute the way they do

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fractal

To KISS or Not?

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

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Hanging App?

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: 

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Reflection: Are We Near a Digital Tipping Point?

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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Safety Santa: Another Case of Operational Excellence Success

A year ago, it was the pleasure of this blogger to report that Santa Clause completed yet another successful global fulfillment process AND importantly, the process was in compliance with the US Federal Aviation Authority’s (FAA) regulations.  A great deal of progress since the advent of one red light on the nose of the lead

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Chain of Custody: Is Your Management System Ready?

“This eliminates the possibility for human error.”  This is an actual quote taken from one of the many blockchain ‘credible’ websites readily available—citation withheld to protect the guilty.    And, the Titanic was unsinkable! From another credible sources, “Is blockchain secure for my business?  Simply put, it can be.  But, not by just turning the key.

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Systemic Reasoning Errors: Stink’en Think’en

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

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