Though the Japanese Kamikaze air attacks in World War II did not change the War’s fate, the name stuck. To the West, it still means a quite horrifying kind of warfare, that we in the West face with Islamists.’ They’ destroy their life with a bomb in the attempt to kill, to eliminate ‘us.’
I dare say their strategy is pretty useless. We do more than enough to destroy ourselves by our own. Let me explain: Continue reading
A natural question to ask when something fails is “Why did it fail”?
The answer is not always obvious or easy to sort out. Some failures result from design errors, others are related to supply chain and assembly issues, and yet others occur because of seemingly random events (accidents, lightning strikes, etc.). As a reliability engineer, my concern is not simply accounting for end-of-life wear out; it is about meeting my customer’s reliability expectations. From design to failure analysis, by considering the range of possible sources I can identify and attend to the root causes that matter.
In the last decade we have seen the evolution of Risk Management from an administrative practice to ERM for corporate governance. But the realization that results come out of action not protection, people have started pursuing a more proactive role for risk management. Continue reading
No need to worry, I am not going to touch any sexual prudery.
It just came to my mind that R.O.I. – Return On Investment can be further enlarged to E.R.O.S. – Expected Return On Support, for the benefit of those – individuals or organizations – that mainly provide services, of any kind. Continue reading