#180 – MISUNDERSTANDING INNOVATION – GREG CARROLL

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team-carroll-150x150Last week saw the latest in misguided innovation talkfests, the AFR Innovation Summit #Innovation16.  For several days academics, public servants, journalists, and corporate employees put forward their insights into how Australia can develop an Innovation culture.

Excuse me, but this is a bit like 3 high street bankers sitting around discussing the plight of the homeless.   Very few of these self-appointed experts have ever started a business let alone been directly responsible for innovation in the marketplace.  Continue reading →

#180 – WHY DO ACCOUNTANTS AND OTHER PROFESSIONALS NEED BETTER RISK MANAGEMENT COMPETENCIES – ALEXEI SIDORENKO

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SIDORENKORisk management competencies can significantly improve decision making in any profession. The bad news is that these competencies do not come to us naturally. They have to be developed. Even if you do not operate in a high risk, uncertain environment one should consider the extensive research, into what is referred to by scientists as heuristics and biases, cognitive psychology and psychometric paradigm, collectively called risk perception. Continue reading →

#180 – HEALTHCARE, NO END IN SIGHT, POOR VALUE AT UNSUSTAINABLE COSTS – JOSEPH PARIS

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image001-2-300x300-250x250Something is seriously wrong…

The healthcare industry as a whole in the United States is corrupt, dysfunctional, ineffective, and inefficient.  And regardless of “party affiliation”, everyone appears to share this opinion.  The only real disagreement (and a heated disagreement at that) is what should be done about it, and whether what has been done to date has a chance of working as promised over time. Continue reading →

#180 – A FRAMEWORK FOR RISK MANAGEMENT – FRED SCHENKELBERG

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ABC FredMaking or supporting decisions involving product or system reliability is fraught with uncertainty. Is it reliable enough? Will failures occur prematurely? Are failures dangerous?

Uncertainty is risk.

In recent years more organizations and international standard bodies have focused on risk management. Identifying, analyzing, and mitigating uncertainty in a systematic manner. Continue reading →

#180 – I’VE SEEN THE FUTURE OF WORK AND I DON’T LIKE IT! – GREG HUTCHINS

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Greg HutchinsI live in the northwest of the US.  We are now the small business and start up mecca of the US.  Why?  San Francisco and Silicon Valley are too expensive.  So, folks are moving in droves to Portland and Seattle – 1/3 of the license plates in my hood are out of state.

But, there are challenges.   The cost of housing and living in the NW is now approaching San Francisco standards of 4 years ago.  The challenge is that the surplus of new folks (millennials in their late 20’s and early 30’s) moving into town require livable wage work.  So with the influx of folks into the NW, Seattle and Portland are raising the minimum wage to $15/hour. Continue reading →