In Business: Notes To Connect The Dots – April 2014

In Business: Notes To Connect The Dots – April 2014

BOOM! The Only Acid Test "As I hurtled through space, one thought kept crossing my mind - Every part of this rocket was supplied by the lowest bidder" ~ John Glenn. There are some small numbers that can make a big difference to a business and there are some metrics that are readily available and [...]
A Tale of Moral Hazard

A Tale of Moral Hazard

"The mechanism for improving the System works too slowly.  Every time attempts are made to finally patch-up one problem, cracks appear elsewhere"  "Moral Hazard" is the name given to a decision that can influence future behaviour, often for the worse, and usually the person who caused the problem doesn`t suffer the full (or any) consequences. [...]