# 204 – ARE STANDARDS BEST PRACTICES? – JP RUSSELL

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JP-ASQ Conference Headshots-finalStandards represent some of the best ideas on how to do something. Everyone reading this article has an opportunity to make things better through standards. Did you know ASQ is accredited by the American National Standards Institute (ANSI) to issue US national standards and technical reports (TR) related to quality management principles, tools, and technology? Technically speaking, ASQ is an ANSI-accredited Standards Development Organization (SDO) with the ASQ Standards Committee serving as the consensus body for the development of American National Standards that are not product-specific or safety-related. Continue reading →

#172 – FAIL FAST – FAIL SMALL – LEARN AND MOVE ON – JOSEPH PARIS

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image001-2-300x300-250x250Nobody likes to fail. Failing causes us embarrassment. Failing bruises our ego. Failing might be a dark spot on our performance assessments. All we have to do is reflect on our childhood for when we failed and how poorly we felt. Even if our parents did give us encouragement, we still felt bad about failing. Let’s face it – failing sucks.

In most countries, if you fail at business, you carry the stigma of that failure with you for a long time – perhaps forever. The Economist did a great article entitled “European entrepreneurs; Les misérables” in June of 2012. Continue reading →

#172 – MATHEMATICAL MODELS, ALGORITHMS, AND RISK MANAGEMENT METHODOLOGIES – GEARY SIKICH

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Untitled1-150x150Introduction

We are enamored by risk models, mathematic algorithms, equations and formulae.  As a matter of fact, we have become so enamored by complex mathematical algorithms, formulas, models and derivatives that we have abdicated much of the analysis of risk, to these complex formulas and quantitative analysis methodologies touted by firms far and wide.  Where has this gotten us?  Are we better able to predict and measure risk exposures?  Are we managing risk more effectively? Continue reading →

#172 – INTRODUCTION TO THE QUALITY TRIANGLE – FRED SCHENKELBERG

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ABC FredHave you ever worked on a project with no deadlines, unlimited resources, and boundless scope? Probably not.

You may have worked under the guidelines of a quality triangle, also known as a project management triangle, iron triangle, or project triangle.

Why is that? Why the limits to our ability to create a product or improve a system? Continue reading →