Author Archives: greg

#224 – THE ANTIDOTE TO VUCA IS OODA – JOSEPH PARIS

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Screen Shot 2018-02-03 at 8.50.24 AMThe date is September 15, 2008.  The crisis in subprime mortgages had been going on for a little over a year.  It was triggered in the last half of 2006 when house prices began to fall as the housing bubble in the United States burst.  This caused those who had taken NINJA (No Income, No Job, or Assets) loans to buy their home, with the expectation that prices were going to increase five per-cent year on year forever, to default.  This accelerated the decline in home prices which, in turn, accelerated the number of defaults – a financial and economic death spiral had formed. Continue reading →

#224 – THE ‘D-WORD’ – DISCIPLINE IS NOT A DIRTY WORD – MALCOLM PEART

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Picture1In our aging societies with a work force ranging from Baby Boomers through Generation Xers to Millennials the ‘D-Word’ may summon up images of stoical sergeant-major types shouting and barking and removing any freedom of thought or act.  Discipline is variously defined but it is generally understood to be ‘the ‘training that produces orderliness, obedience and self control to follow rules‘ and, operatively, if rules are broken ‘chastising or punishing‘.  . Continue reading →

#224 – STATUS OF ERM IN THE U.S. FEDERAL GOVERNMENT – JAMES KLINE PH.D.

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aIMG_4231-150x150Introduction
In 2015 the Office of Management and Budget (OMB) issued Circular A-123.  It requires all federal agencies to implement Enterprise Risk Management (ERM). ERM is a methodology which allows an organization to, in a systematic manner, identify, prioritize and reduce the adverse impact of risks events, such as fraud, cyber-attacks, mismanagement, and natural disasters, that could prevent the organization from accomplishing its mission and objectives. Continue reading →

#223 – WORKING IT – GREG HUTCHINS

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Greg-Hutchins-150x150This is my story and in many ways may become the story of your work, career, and job.  So, pay heed.   Understand the conventional rules and challenge/hack the rules of work.  Your story arc will be different.

I started out of high school doing manual work.   My first job was as an ordinary seaman in the merchant marine.  I worked on rust buckets on and off for 5 years.   This manual work was very hard and frankly not suited to my style, abilities, temperament, and life direction.  Continue reading →

#223 – FORECASTING – RECOGNISING THE FUTURE OR IGNORING IT? – MALCOLM PEART

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Picture1It is said that there are two types of forecast…lucky or wrong.  The outcome of a forecast can mean the difference between the success or failure of a venture; predicting the future is fraught with risk and it can be quite literally be a gamble.  Information is typically incomplete, and foretelling requires assumptions and guesses as people spend valuable time preparing plans and schedules, resource estimates, and budgets and cash flows upon which execution will depend. Continue reading →