We’ve been saying it for years, but now even the Harvard Business Review is saying that MBAs need to update their programs. The article quotes Scott Cook, founder of Intuit: “When MBAs come to us, we have to fundamentally retrain them — nothing they learned will help them succeed at innovation.” The HBR article goes […]
Search Results for: network of projects
Cause and Effect Reasoning Is an Essential Skill for Leaders
An article in the Harvard Business Review draws attention to the problem of confusing correlation with causation. “Western management has failed to understand cause and effect” W. Edwards Deming Mistaking correlation for cause can be dangerous.because it prevents us from understanding reality. Most importantly, if we do not nurture the ability to think cause […]
The Decalogue in More Detail
The 10 Steps of the Decalogue What follows is a brief explanation of the 10 Steps of the Decalogue. Step 1: Establishing the goal of the system, the units of measurements, and the operational measurement Without a goal, there is no system; and without clarity on what to measure in the system and how to […]
THE DECALOGUE SHORT OVERVIEW
“Western management has failed to understand cause and effect.” W. Edwards Deming There is no effect without a cause. This is the basis of the scientific method, and the aim of science is always to discover underlying causes. Without that knowledge, we are exposed to an array of ‘symptoms’ we are unable to decipher, […]
The Great Resignation – Companies Must Offer Meaningful Work
An article in this week’s Time Magazine states ‘Young People are Leaving their Jobs in Record Numbers – And Not going Back‘. The ‘Great Resignation” as it has been nicknamed reflects large numbers of people choosing not to recommit to regular jobs. This is bad news for companies who may not be able to find […]
The Theory of Constraints – a Whole System Approach
Due to the global success of Dr. Goldratt’s first business novel ‘The Goal’ most people mistakenly think of the Theory of Constraints (TOC) as just a technique for manufacturing. While TOC does produces fast and radical improvements in manufacturing processes, it is in fact a whole system philosophy and method. The thinking that underlies this theory stems from […]
We cracked the sustainable growth equation so companies can organize, control and compete
Our team includes physicists and mathematicians so it’s second nature for us to work on equations. But our focus is management. That’s why we had to work in the field with companies over many years to develop a solution that was both scientifically solid and highly practical. In every sector, most companies are designed to […]
20/20 Foresight? How Decision Makers Can Look Ahead for Unintended Consequences
How to think is not a skill that we learn at school, or even university. We take it for granted that by receiving an education we also receive information about using our brains in a more effective way. Sadly, every day we live with the consequences of poor decision making at every level, government, corporate […]
The Theory of Constraints on Wall Street – a SPAC Experience
This post is by Angela Montgomery, author of ‘The Human Constraint‘. Many people lump the Theory of Constraints together with Lean and 6-sigma as “techniques for continuous improvement”. This is a woefully inadequate perception of the Theory of Constraints (TOC). In all our publications we attempt to illustrate the universal scope of Dr. Goldratt’s achievement […]
Learn How a Systemic Approach to Management Can Boost Your Company’s Performance
Over the years we have communicated our approach to systemic management in a variety of ways. At the end of the 1990s, the unique blending of Deming and Goldratt into a methodology was first fully described by Domenico Lepore and Oded Cohen in ‘Deming and Goldratt: The Decalogue’. North River Press, 1999, translated into several […]
