2022-Jan; Trust Me, I’m an Engineer
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The factory of the future
The Economist takes us on a journey into the factory of the future. Now, even though some countries are urging government to boost domestic industry, trouble is, most policymakers don’t understand modern manufacturing, let alone how technology is transforming it. Yet, the Economist predicts that in the future, more manufactured products will be packaged with…
State of Readiness; Daniel Bumblauskas, Ph.D., COVID-19 as a “Black Swan” event
Daniel has spent his entire professional and personal career in the field of Industrial Engineers. In this episode, we explore the effects of the COVID-19 pandemic, a “Black Swan” event, on the way businesses might operate post-pandemic. We start by discussing how telephony in education and the corporate world will be embraced more readily…
The “Stone Age” didn’t end because they ran out of stones
Charles Darwin in his book, “The Origin of Species” (read full PDF book here) proposed that evolution occurs with the introduction of challenging or adverse circumstances on a population of a species such that only those who are able to adapt (either by natural selection or by action) thrive (or even survive). For instance, the…
Good Leadership Is About Asking Good Questions
Leaders today need to revisit an overlooked skill: asking questions. In my 40 years as an executive and advisor in Silicon Valley, I’ve often seen leaders assume that people look to them for answers — bold assertions that build people’s confidence in their competence. But in reality, that kind of approach erodes trust, especially at…
Wal-Mart puts the squeeze on suppliers to share its pain as earnings sag
Reuters reports that suppliers of everything from groceries to sports equipment are being squeezed for price cuts and cost sharing by Wal-Mart Stores. Moreover, they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week. The discount store has always had a reputation for demanding…
What can health systems do to encourage physicians to embrace virtual care?
With changing health care reimbursement models, growing consumer demand, and advances in digital technologies, virtual care is a must-have for health systems. But how can hospitals and health systems gain physician buy-in? Deloitte means that it might be easier than you thought… Read more