Planning has been said to be more important the plan. This is at all levels from planning a dinner party and finding out if a guest has an allergy to changing the way in which a country can deal with its industry in an ever changing world and considering its position in a global market. Continue reading
Tag Archives: Malcolm Peart
#224 – THE ‘D-WORD’ – DISCIPLINE IS NOT A DIRTY WORD – MALCOLM PEART
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In our aging societies with a work force ranging from Baby Boomers through Generation Xers to Millennials the ‘D-Word’ may summon up images of stoical sergeant-major types shouting and barking and removing any freedom of thought or act. Discipline is variously defined but it is generally understood to be ‘the ‘training that produces orderliness, obedience and self control to follow rules‘ and, operatively, if rules are broken ‘chastising or punishing‘. . Continue reading
#223 – FORECASTING – RECOGNISING THE FUTURE OR IGNORING IT? – MALCOLM PEART
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It is said that there are two types of forecast…lucky or wrong. The outcome of a forecast can mean the difference between the success or failure of a venture; predicting the future is fraught with risk and it can be quite literally be a gamble. Information is typically incomplete, and foretelling requires assumptions and guesses as people spend valuable time preparing plans and schedules, resource estimates, and budgets and cash flows upon which execution will depend. Continue reading
#220 – DORIS DAY PROJECT MANAGEMENT – FATALISM OR CRITICAL THINKING – MALCOLM PEART
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For those of us who remember, or whose parents told them, Doris Day played the ‘bubbly blonde’ of the 1950’s and 60’s and was the effervescent optimist in feel good movies. She also famously sang “Que Será, Será” in the Hitchcock film “The Man Who Knew Too Much“: Continue reading
#219 – RISK MANAGEMENT: DELUSION, ILLUSION, AND REALITY – MALCOLM PEART
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Can we really manage risk, or do we delude ourselves by going through the prescribed activities of ‘risk management’ giving the illusion that it’s happening? Is risk management merely a hypocritical ritual and applying some science to fate through statistical mumbo-jumbo, decision trees, and quantitative analyses? Continue reading