E-M8 Entrepreneurial Management for Eternal Mission

There is an inherent problem with hourly compensation: it is both product and supporter of mass production. On an assembly line, where the worker does not control the pace of production, the hourly compensation actually makes sense. Even there, the hourly compensation does nothing to encaurage quality or process improvement. By measuring activity, instead of [...]

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Over the last couple days there cropped up a few articles about the potential meltdown of commercial real estate market. I have good reasons to believe that those fears are exaggerated. To be sure, I do expect a surge in foreclosures, albeit a much lower one, since hard economic times will force weaker businesses out of [...]

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To arrive at it E-M8, I looked at the most popular methodologies of modern day business analysis Balanced ScoreCard (Finances, Customer, Operations, Learning and Growth) and Toyota Model (Profit, Product, Process, People) and reviewed each in light of business being a system. After all business is a technical system, albeit with lots of dynamic variables (humans), and [...]

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A great reminder to be thankful that was sent to me by Maxwell Hsu, one of the people I have met on the road of life.
I AM THANKFUL:
FOR THE WIFE WHO SAYS IT’S HOT DOGS TONIGHT, BECAUSE SHE IS HOME WITH ME, AND NOT OUT WITH SOMEONE ELSE.
FOR THE HUSBAND WHO IS ON THE SOFA [...]

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Signs your organization is not lean:

When you can’t find things because there is too many things, you are definetly not lean.
When you can’t get an answer to the question nearly instantly, you are definetly not lean.
When each part of the company points fingers at the other, you’re probably not lean.
When you refer to your people [...]

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