#344 – SIGNIFICANCE OVER SUCCESS. INNOVATION OVER CHANGE. ANTICIPATION OVER AGILITY. – DANIEL BURRUS

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Question for all who read this: to succeed at any business venture, you merely need to have huge resources, dedicated personnel, and a quality product or service, right? From there, it’s just collecting money and living a good life.

This presumption is more common than you realize, and could not be more wrong and misguided. In a world where exponential change and digital disruptions abound, you simply cannot rest on your laurels and merely rely on what you’ve already built. Because of the rapidly accelerating rate of change, your business is only ever as strong as its next innovation. Continue reading

#303 – QUALITY IS A BALANCE BETWEEN VALUE, RISK AND COST: THE QVRC MODEL – NIGEL GRIGG PH.D.

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1.  INTRODUCTION

Risk, value and cost are terms that have been especially prevalent in quality management literature over recent years.  A recent review of over one hundred years of published writings relating to quality revealed them to be themes that always underscored much of quality theory and practice.  While references to the economics of quality have remained quite consistent over that time, however, value and risk are keywords that have substantially increased in their occurrence during the present century.    Continue reading

#279 – OUR DESTINATION IS RESILIENCE – VICTOR DEYGLIO

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Our destination is resilience. It requires a new way to think, decide, plan and act. It demands flexibility and fortitude to rebound, adapt, innovate, and lead. So what makes us resilient?

Generally, resilience is about adapting in the face of adversity, trauma, tragedy, threats or significant sources of stress. Resilient people are aware of situations, of their own reactions and of the behavior of those around them. Resilient people meet the world head-on with eyes wide open. Continue reading

#275 – REDEFINE RISK IN THE FACE OF THE UNKNOWN – DAN BURRUS

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In the past, organizations have practiced agility more than anything else because it is easy to simply pivot and put out small fires as they arise.

But with the world facing a global pandemic, statewide lock downs here in the United States, and a once booming economy now seemingly frozen in time, organizations both large and small are caught in the blaze as those small fires are now an uncontrollable inferno of a great unknown. Continue reading

#274 – THE RISKS THAT GO WITH GLOBALIZATION – JOSEPH PARIS

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It is undoubtedly and incontrovertibly true that global extreme poverty has declined as capitalism has driven globalization – the trade between and among nations – to increase over time.  Certainly, there are arguments to be made that the growth in wealth has also been increasingly concentrated in the hands of fewer people, but the world as a whole has benefited. The charts below from Our World in Data, showing the number of people living in extreme poverty from 1820 to present, clearly demonstrate that the economic benefit of globalization has been as positive as it has been apparent Continue reading