- Weapons of mass destruction? It’s #29.
- Natural catastrophes? It’s # 19.
- Cyber attacks? It’s #8. We’re getting closer.
Guess again? Continue reading
Guess again? Continue reading
“From North Korean missiles to the eclipse to fidget spinners, 2017 was a year so surreal, so densely populated with strange and alarming events, that you have to seriously consider the possibility that somebody — and when we say “somebody,” we mean “Russia” — was putting LSD in our water supply.”
The above quote is from Dave Barry in a cover page article in today’s (12/31/17) Washington Post. Continue reading
VUCA – Volatility, Uncertain, Complexity, Ambiguity
It’s the scary. It’s the unknown. It’s the unknowable.
Today’s new normal is VUCA. That’s why we say: “We now live in VUCA time”
Today’s Typical NY Times Front Page Headlines (August 30, 2017) Continue reading
Our team had lots of ideas. We were excited to innovate, change, add value, and do better. You could feel the energy. It was electric.
The challenge: The organization was riding high and making lots of money on its core products. They did not want or did not need to look at anything new. Why fix something that was not broken from its point of view. OK. We got it. Continue reading
I live in the northwest of the US. We are now the small business and start up mecca of the US. Why? San Francisco and Silicon Valley are too expensive. So, folks are moving in droves to Portland and Seattle – 1/3 of the license plates in my hood are out of state.
But, there are challenges. The cost of housing and living in the NW is now approaching San Francisco standards of 4 years ago. The challenge is that the surplus of new folks (millennials in their late 20’s and early 30’s) moving into town require livable wage work. So with the influx of folks into the NW, Seattle and Portland are raising the minimum wage to $15/hour. Continue reading
Well, a new award is coming – The Baldrige Cybersecurity award may be out in a year or so.
Why? Well, information and data is where value is more commonly found. The information may be organizational, personal, or intellectual property. This information is hugely valuable and is commonly digitized. The information has to be protected through cybersecurity. Continue reading
Think of the following: your CEO gets a tweet from President Trump calling out your company for being Un-American for offshoring jobs? No!
“The biggest idea (globalization/offshoring) of the past three decades is in deep trouble,” says the Economist.¹
President Trump advocates critical infrastructure spending to build/upgrade the electric grid, roads, and airports. The American Society of Civil Engineers (ASCE) rates the infrastructure D+. Domestic investment will be $1 up to $4 trillion. Most of the infrastructure will be sourced domestically. Continue reading
Like ISO 31000 letter of conformance for airports.
Dubai Airports this week received a letter of conformance for ISO 31000 – 2009 Enterprise Risk Management from Lloyds’ Register Quality Assurance (LRQA). Continue reading
Shouted a recent Wall Street Journal article.
Let’s look at the reasons at why we live in VUCA time (Volatility, Uncertainty, Complexity, and Ambiguity).
You’re a company that has been outsourcing for the last 10 years. This makes good business sense, since you can’t find local or domestic sources that can make products or provide the services you need. Also, the savings of outsourcing can be substantial so this increases your revenue and is good for your shareholders.
Then, you get tweeted: President Trump calls your company out as being UnAmerican for outsourcing jobs. Continue reading
One article title this week screamed: “Trump Put Companies on Notice: Outsource At Your Own Peril.
President Elect Trump had his first news conference this week and a reporter asked a question of US companies continued sourcing. His response was:
“when you want to move your plant to Mexico or some other place … you’re going to pay a big border tax.”
Ouch. We have heard the tax may be 10% to 35%. Continue reading
I believe we live in VUCA time. And, VUCA is changing how business is done: Continue reading