In the world of business, companies are beginning to realize that sometimes building new products that we all love means finding faster and cheaper ways to bring them to us.
Often, that means sending design and production to different parts of the world and being far away from the corporate headquarters and factory floors, where a watchful eye can be kept. Continue reading
As we cruise through post-recession there is one big concern on employer’s minds: employee retention.
Big companies and small companies are starting to see how the market has turned. Statistically, Monster job boards reported that 82% of surveyed employees have updated their resumes this year and 59% said they are passively looking for another role.
While compensation is always a factor in retention, it isn’t the end all. Most of the people I interview are looking for career advancement and flexible work hours. Sometimes it’s just not practical to throw more money at employees and often that isn’t what’s bugging them anyway. Continue reading
Pharmaceutical and biotechnology companies need to address the root cause of their drug development inefficiencies. Most companies focus their efforts on “enhanced clinical trial designs” that use biomarkers and adopt advanced statistical analyses, but they still need to hone their efforts at streamlining their drug development process, according to a recent report by the Tufts Center for the Study of Drug Development. Continue reading
Setting arbitrary goals can hamper the ability to improve dramatically – or drive the wrong improvement behaviors entirely.From Dr. W. Edwards Deming’s 14 Points: Eliminate work standards (quotas) on the factory floor. Substitute leadership. Eliminate management by objective. Eliminate management by numbers, numerical goals. Substitute leadership. Continue reading
Since kids, we were used to keep things clean and in order. But – on certain occasions like Xmas or a far away relative visiting our family – we had to make them more clean and orderly.
This imprint is deeply rooted within us, when we are at school, in the army, on our work place, when we are at our own home. Can it be named the inspection day syndrome? Continue reading