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Tag Archives: critical thinking
How Not to Convert Equity
CNNMoney is not exactly intellectual discussion of economic and investing issues but normally it offers fairly good material for the large number of people. Especially those who really don’t want to read Warren Buffett or Brad Setser [the broken link was removed]. Still the following quote in their article, Cashing in on hot real estate is just wrong: They also have one extremely valuable asset: a house in the now trendy Silverlake neighborhood of Los Angeles that’s worth $1 million, … Continue reading
Data Based Decision Making
Acumen visits Google: As a first step, we hope to collaborate with interested Googlers to find better ways to learn what works around the world. Identifying powerful solutions to poverty that are useful to people in different settings, and that are market-driven, scalable, and sustainable, is our greatest challenge. Second, we’re hoping to strengthen how the world measures both social and financial returns to investments in delivering critical goods and services to the poor. Like Google, we hold a deep … Continue reading
Posted in Data, Google, Management
Tagged critical thinking, Data, evidence based management, Google
4 Comments
Ford and Managing the Supplier Relationship
There have a been a number of articles (Ford to slash vendors of key parts [the broken link was removed] – Ford Rethinks Supply Strategy and posts (A “Kinder and Gentler” Lean Supply Base? – Ford Adopts Toyota-style Supplier Strategy [the broken link was removed]) about supplier management, many springing from Ford’s announcement [the broken link was removed]. My first thought on reading the stories about the press release was, didn’t Ford already say they were going to do this … Continue reading
Posted in Deming, Management, Manufacturing, Systems thinking
Tagged critical thinking, culture, Deming, management, organization as a system, problem solving, suppliers
9 Comments
Operational Definitions and Data Collection
Americans’ Dirty Secret Revealed [the broken link was removed] by Bjorn Carey See also: Google News on washing hands [broken link was removed] – Soap and Detergent Association press release [another broken link was remove] A study released recently spawned a flurry of articles on washing hands. I have seen such reporting before and again I find it interesting (as sad as that might be). The stories repeatedly say things like: “Men’s hands dirtier than women’s.” The study actual was … Continue reading
Posted in Data, Deming, Management
Tagged critical thinking, Data, evidence based management, operational definition, Statistics
1 Comment
Traffic Congestion and a Non-Solution
Topic: Management Improvement, Problem Solving I read, Study: Nation’s Traffic Jams Worsening [the broken link was removed], today on CNN.com. That same headline could have appeared in newspapers every day for the last few years. For decades traffic congestion has been a problem in American cities and one that has continued to get worse. The typical proposed solution is to increase the number of roads. The theory behind this solution is not normally stated but, I believe, it amounts to: … Continue reading
Posted in Creativity, Management, Systems thinking
Tagged Ackoff, cars, Creativity, critical thinking, problem solving, Systems thinking
8 Comments
