If Knowledge is Power, then understanding the cascading factors that shape our destiny can potentially offer Disruptive Knowledge and Decisive Power. Cascade Effect Thinking (CET) is a new paradigm that dynamically discovers the truth about interacting threats and opportunities in unique, analytical and gamified ways. Continue reading
#123 – Why Quality Professionals Fail to Get Boardroom Buy In – Syed Ali
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My observation in the last 40 years working and negotiating in various parts of the world is that we do not know how to effectively communicate the concept of quality in business and financial terms to the board. We are very poor at talking “Business”
Quality professionals fail to get the attention of the top management and it’s often because they do little more than regurgitate the requirements of standard. Continue reading
#122 – NAPOLEON’S LESSONS IN STRATEGIC MANAGEMENT – GREG CARROLL
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With 2015 being the 200th anniversary of the Battle of Waterloo and having a man-crush on Napoleon B, I have taken this opportunity to revisit some of lessons we can learn (good & bad) from his 20 year reign as master of the universe. Continue reading
#122 – IS FAA AGREEMENT WITH BOEING A TEMPLATE FOR RISK? – JAMES KLINE PH.D.
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In the past two years, a number of global companies have been fined for committing major violations of law or safety regulations. General Motors (GM) was fined $35 million. A US Congressional investigation determined that GM engineers looking at ignition switch complaints, made a design change, but failed to issue a recall notice. Continue reading
#122 – Value Added Auditing™ = Analytical Auditing – Greg Hutchins
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Quality, system, and internal auditing are focusing on risk management, process control, process capability, and organizational effectiveness. These value added audits require more information to be collected and analyzed to evaluate value, risk, waste, effectiveness, and efficiency. As an organization moves toward value added auditing, the auditor or audit team will collect more information, conduct in-depth analysis, and obtain sufficient evidence in order to reach conclusions. Continue reading