One of my clients recently was asked for advice on the company’s plans to introduce a new variable compensation system for employees incorporating safety performance.
The company’s previous bonus system was only connected to their lost time injuries (LTI) performance, which presents two potential drawbacks for organizations that have not yet reached full safety performance maturity. Continue reading
The best time is at the product conception. The second best time as early as possible in the product development process.
It may change. Be refined. Altered later.
That is fine, yet the initial concept needs the boundary condition of a reliability goal. Continue reading
On May 17, 2023, Montana Gov. Greg Gianforte signed legislation banning TikTok in the state. The law imposes fines of US$10,000 per day on any app store that offers the popular Chinese-owned video social media app, and on the app maker itself if it operates in the state. Individual users are not subject to penalties. The law, which is scheduled to go into effect Jan. 1, 2024, is the first total ban by a U.S. state government. The company claims 200,000 users in the state of 1.1 million people. Continue reading
With the popularity of ChatGPT, I asked the artificial intelligence chatbot to compare Risk Management 1.0, 2.0 and 3.0. It says that risk management has evolved from a reactive and risk-centric approach (1.0) to a more proactive, integrated, and opportunity-focused approach (2.0) and further to a holistic, ecosystem-oriented, and adaptive approach (3.0). What a nice way to summarise the journey we have had so far. Continue reading
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
Jeff Bezos – Amazon Founder
Work metaphors offer visuals, beacons, insights, scripts, and Work Lessons Earned. Metaphors help us design a vision of what to expect from work. The career ladder is a great visual metaphor. A VUCAN started at the bottom and with the right effort climbed each rung.
BTW: VUCAN(R) is an VUCA iNhabitant.