A Bloomberg articles details the Takata airbag recall series of events. The line that caught my attention is:
…company documents suggesting that Takata executives discounted concerns from their own employees and hid the potential danger… Continue reading
Incorrect interpretation of drug abbreviation’s can lead to serious harm for patients. Consider the following: At 7:00 AM, Jane, a registered nurse enters the details for Mary, the last of her five patients as she completes a 12-hour shift. As the day begins, Ann is checking on patients and reviewing their charts. She is confused by an abbreviation “MTX” for a medication given to Mary at 4:30 AM. It can be interpreted as methotrexate (used for rheumatoid arthritis) or mitoxantrone (a cancer drug). Continue reading
“One Thing is Certain: 2017 Will Be the Year of Uncertainty for CEO’s’”
Shouted a recent Wall Street Journal article.[1]
Why?
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
Introduction
We live in a world of consequences. Everything that we experience is a consequence of some action, decision, reaction and/or choice. For organizations the consequences of a choice, action, decision and/or reaction can cascade throughout the organization and extend to its “Value Chain” rippling through all the known touchpoints and the as yet, unidentified touchpoints. Continue reading