Tag Archives: ethics

All Data is Wrong, Some is Useful

From my first blog post on this blog – Dangers of Forgetting the Proxy Nature of Data we often fail to explore whether changes in the numbers (which we call results) are representative of the “true results” of the system … Continue reading

Posted in Data, Management | Tagged , , , , , | 2 Comments

Kleptocrat CEOs and Their Apologists

I am disgusted by the lack of ethical and moral fiber of many CEOs of the largest corporations (along with their cronies and apologists) in the USA. This lack comes out in many ways (see all the scandals at the … Continue reading

Posted in Economics, Investing, Psychology | Tagged , , , , , , | 2 Comments

Corporate Social Responsibility

This month Paul Borawski (CEO of ASQ) has asked the ASQ Influential Voices to share their thoughts on the Intersection of Quality and Social Responsibility. An understanding of system thinking allows people to see the relationships of connected elements in … Continue reading

Posted in Respect, Systems thinking | Tagged , , , | 1 Comment

Massively Unjust Executive Compensation Damages Companies and Investments

For years I have believed the massively unjust executive compensation packages have been doing great harm to American businesses. As an investor, one of the big risks that has to be evaluated is how much of the business profits executives … Continue reading

Posted in Deming, Management, Respect | Tagged , , , , , , , , | 4 Comments

Taking What You Don’t Deserve, CEO Style

The excesses to which CEO’s and their board buddies go to in taking from corporate treasuries what they don’t deserve continues to amaze me. The level to which the bad behavior is accepted is apparent in the lack of progress … Continue reading

Posted in Deming, Economics, Investing, Management, Psychology, Respect | Tagged , , , , , | 5 Comments

Worth Does Not Equal Wealth

Warren Buffet often says he happens to be very good at something that is very financially rewarding – effectively allocating capital. He says this while making the point that plenty of other people are exceptionally gifted in ways that are … Continue reading

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Kiva – Giving Entrepreneurs an Opportunity to Succeed

I really like Kiva. Kiva lets you lend small amounts of money to entrepreneurs around the world. My latest loan is to a manufacturing entrepreneur in the USA. When Tony’s 6’0 6″ body could not fit in the traditional supercars, … Continue reading

Posted in Economics, Fun, Investing, Respect, Systems thinking | Tagged , , , , , , | 2 Comments

No More Executive Bonuses!

Henry Mintzberg, wrote an excellent article for the Wall Street Journal today, No More Executive Bonuses! Don’t pay any bonuses. Nothing. This may sound extreme. But when you look at the way the compensation game is played – and the … Continue reading

Posted in Deming, Management, Performance Appraisal | Tagged , , , , , , , | 5 Comments

Why Congress Won’t Investigate Wall Street

Why Congress Won’t Investigate Wall Street The famous Pecora Commission of 1933 and 1934 was one of the most successful congressional investigations of all time, an instance when oversight worked exactly as it should. The subject was the massively corrupt … Continue reading

Posted in Economics, Systems thinking | Tagged , , , , | 2 Comments

Building a Great Workforce

How P&G Finds and Keeps a Prized Workforce by Roger O. Crockett “We actually recruit for values,” says Chief Operating Officer Robert McDonald. “If you are not inspired to improve lives, this isn’t the company you want to work for.” … Continue reading

Posted in Career, Customer focus, Deming, Innovation, Lean thinking, Management, Management Articles, Psychology, Systems thinking | Tagged , , , , , , | 1 Comment