Can we really manage risk, or do we delude ourselves by going through the prescribed activities of ‘risk management’ giving the illusion that it’s happening? Is risk management merely a hypocritical ritual and applying some science to fate through statistical mumbo-jumbo, decision trees, and quantitative analyses? Continue reading
Quality should never be seen as an accident. It should be envisioned as an intelligent and proactive effort. Poor quality, unsafe working conditions and or ignoring or non-compliance with regulations will lead to business disruption, financial loss, lawsuits and damage to the brand image of an organization. Continue reading
I am a Senior member of ASQ, a quality professional association. I have two ASQ certifications. One, the Manager of Quality and Organizational Excellence (MQ/OE), is the highest general certification ASQ offers. The other is a Six Sigma Green Belt (SSGB). Over the past year or so, I have become concerned about the viability of ASQ. Some friends now liken ASQ to a Moose Lodges. While some lodges are still around, they are pretty much relics of earlier generations. Continue reading
ROCKING THE PROJECT BOAT – NOT A CRIME, POSSIBLY A VIRTUE.
The project has hit a bad patch, it’s in a rut and the wheels are spinning; it’s not moving forward, and the rut is getting deeper. “When you’re in a hole – stop digging!” goes the project management adage because digging only makes the hole deeper and makes it more difficult to get out of both physically and figuratively. Continue reading
BP’s Deepwater Horizon costs total $62billion. BP said Thursday that it expects the pre-tax cost of its 2010 Deepwater Horizon explosion and oil spill on the Gulf Coast to total $61.6 billion. The 1989 Exxon Valdez oil spill costs exceeded $7 billion. At market close 25 July 2018, Facebook Inc. was worth $630 billion. A day later: $510 billion. Continue reading