Deadly and infectious viruses, such as Ebola, are an inevitable and unavoidable fact of nature. In other words, they are examples of a Hard Trend. Whether it is the current Ebola outbreak, or future outbreaks of infectious diseases that have to be cured, they demand new innovations in order to combat them. Continue reading
Negligence is conduct that falls below the standard of behaviour for the protection of others against unreasonable risk of harm. From a risk management perspective if one neglects to do something, and allows that something to happen, then risks have been ignored and there has been negligence. Continue reading
Everyone is very familiar with the Plan-Do-Check-Act cycle that is the basis of today’s Good Management Practice. So what is the difference between Good Management Practice and Best Practice?
ISO, the International Organization for Stadardization, has a comprehensive set of guidelines covering a broad range of good management practices, all of which include a component on Continuous Improvement. Continue reading
What do you think the #1 fear of all parents is?
Cancer? Going broke? Losing a job? Losing a house?
I think the #1 fear of all parents regardless if they’re in Bangladesh, Costa Rica, or India is:
Is my kid going to get a good job? Continue reading
Many of us work in organizations that have been around for many decades. For example, IBM – a popular employer – is over 100 years old.
Older organizations are great, but they often have a corporate culture that has not changed much over the years. In addition, their traditional products and services continue to sell well, but the margins are much lower and there is much more competition. Some people blame stagnation and lower profits on age—that only new and hip things sell these days. Continue reading