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Project Management 411

June 12th, 2008

Green is the New Lean?

Marketing message experts, driven by global warming fever, are more often linking green with lean. The Association for Operations Management’s annual conference brochure (no link but check out www.apics.org) indicates that “green is the new lean”. It can be if you use lean approaches, concepts and culture change.
Value stream mapping, a lean analysis approach, is […]

By Bob Turek -- 4 comments

June 11th, 2008

Green Messaging Gone Amuck

My fascination with how global warming and green messages are being used and abused by companies continues with a brochure advertising The Association for Operations Management’s annual conference (go to www.apics.org for more info). In it they promote a “learning path” called “sustainability/green” (my emphasis provided):
“Green is the new lean. Attend this Learning Path to […]

By Bob Turek -- 0 comments

June 10th, 2008

Emerging Market Prejudice?

Strategy+Business proposes more attention be given to “emerging markets“:
Many corporate leaders recognize this opportunity, but few are developing the capabilities or the management focus that they will need to realize its full potential.
That’s a legitimate comment based on some of the facts involved. But they then go on to assume that they know what these […]

By Bob Turek -- 0 comments

June 9th, 2008

California Catching Up with Netherlands Global Warming Taxation

My California Assemblywoman, Sharon Runner, keeps me up to date on my home state politics in her “Runner Report” - click here for a subscription. In it she reveals that California is leading the charge in attempting to pass taxes related to global warming. These bills have successfully made it through the Assembly and await […]

By Bob Turek -- 0 comments

June 7th, 2008

Derrie-Air! The Global Warming Airline

Go and see a hilarious spoof website at http://flyderrie-air.com/. Many are posting on this in our business channel. I’m surprised at the sensitivity, or insensitivity, to fat people. This is NOT about fat people. IT IS about the ridiculous lengths that governments and corporations are going to satisfy the ideas of “green”, “global warming”, “sustainability” […]

By Bob Turek -- 0 comments

June 6th, 2008

Did the Fed Contribute to Poor Risk Management by Banks?

CFO’s article on risk management brought up a fascinating point about how the Federal Reserve policies contributed to poor risk management in banks during the subprime mess. CFO makes a shaky link to Alan Greenspan’s role. Banks had been shedding, instead of managing, risk for years by passing it on to investors. They claim that […]

By Bob Turek -- 0 comments

June 5th, 2008

Risk Management Problems Are Culture Problems

“Risk was not integrated but split between a credit risk officer and a market risk officer, both of whom reported to the CFO, who then reported to the CEO. That may work at a place like Goldman, where decisions are made collectively among executives. But at a firm with a strong-willed CEO, like Merrill, it […]

By Bob Turek -- 0 comments

June 4th, 2008

Risk Management: What Can We Learn from the Sub-Prime Crisis?

CFO magazine covered how poor risk-management techniques, and more importantly, organizational culture and structure, contributed to the subprime problems:
“the inability to properly manage risk, and the failure of stress tests have so far resulted in global bank losses of $265 billion. With a few notable exceptions, bank CFOs seemed willfully ignorant of snowballing risk.”
The worst […]

By Bob Turek -- 0 comments

June 3rd, 2008

Innovation Needs a Formal Governance Structure

CIO Insight’s piece on innovation led me to try to find some gold nuggets. After wading through the article I did! Page 4 reveals a comment about governance models when talking about FedEx:
“You won’t find FedEx’s innovation-driven culture at most companies. McKinsey’s research points to one obstacle to innovation: While a vast majority of corporate […]

By Bob Turek -- 0 comments

May 31st, 2008

Is Collaboration and Communication Enough?

Funny how collaboration and communication, in and of themselves, are viewed by some as “strategies”. In my business (technology enabling business processes) you have to have something to collaborate about; i.e., a business process that is benefiting the company. In fact, “collaboration” and “communication” alone are never enough and seen as “me too” by the […]

By Bob Turek -- 0 comments