This Is Just a Test: In a panel conversation this week, one of the panelists noted that a lot of companies, who thought they have solid emergency plans, discovered that they did not. That’s the bad news. Of course, the good news is that for many, the pandemic is a reasonably straightforward way to test our systems without real structural …
Crisis: Many attribute the statement, “Never let a good crisis go to waste,” to Winston Churchill. His statement was meant to point out that a good politician will know how to address a crisis in such a way as to turn it to political advantage. I’m not sure that things always work out for politicians that way today. Likewise, in …
One of the small joys I have in life is to attend seminars and lectures that not only inform but allow me to meet the people doing the research and forming the theories. Michael Spence, winner of the Nobel Prize in Economics, spoke at a Drucker Forum recently and I was able to attend. He definitely has his mind wrapped …
This article discusses some possible lessons in the Toyota recall challenge for the rest of us. “Normal Accident Theory” is something that applies to us all.