Lessons Learned from Mount Stupid
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Finding Lean in Good Change
CONTENT PARTNER CONTRIBUTIONAs seen in the Jun-2015 edition of theLean Management Journal In the manufacturing sector, and for that matter, in many large organisations across a variety of industries, kaizen is a well-respected approach to improvement. The methodology, whose moniker literally means good change in Japanese, has its origins after World War II. However, based…
More Data is not Good
“Managing by the Numbers” is a tired phrase. Really, it is. “You can’t manage what you don’t measure,” is a phrase that we all hear, and we all say it like a prayer that a nun murmurs while counting rosary beads. Many people argue about who said it first, Peter Drucker or Edward Deming. We…
Shai Reshef: An ultra-low-cost college degree
At the online University of the People, anyone with a high school diploma can take classes toward a degree in business administration or computer science — without standard tuition fees (though exams cost money). Education entrepreneur, Shai Reshef, aims to democratize higher education. He hopes that higher education is changing “from being a privilege for the few…
How Company Culture Shapes Employee Motivation
At a recent strategy meeting with the leaders of a Fortune-500 company, the word “culture” came up almost 30 times in just 1.5 hours. As most business leaders believe, a strong organizational culture is crucial to success, yet culture tends to feel like some magical force that can’t be controlled. As such, most executives manage it using pure intuition. By…
Charlemagne: Unfree Trade
Recently the European Commission issued a proposal allowing the EU close its public-procurement markets to firms from countries that exclude European competitors from their public contracts. However, liberals are in shock, and far from supportive of the concept of restricted trade. Undeniably this is a seemingly strange proposal, given that European economies would like to…