The Goal was one of the books that really challenged my understanding of business. It should be required reading for anyone trying to understand lean manufacturing. Since it is a novel, it is also easy to read. I completely disagree with the basic premise of the book that THE goal of business is to make [...]
Tags: Great Books
Many years ago I was challenged with the question why seemingly successful businesses fail and yet some clearly mismanaged ones seem to stick around. The realisation that I had was that a business that does OK or even minimally well in the eight disciplines has a better chance of a long term survival than a business [...]
Tags: E-M8
United States, Europe and Japan have a problem of declining or stagnant population. They also have a problem of huge illegal immigrant community. Yet, particularly in United States, there are vast parts of the country that are hardly inhabited. Instead of making it easy for the best and brightest to bring their skills to serving [...]
Tags: Politics
The traditional practice for challenging tyrants is through embargo. The problem is embargos make the people poor and wipe out any potential for middle class. Yet, middle class is the strength of the democracy. Besides, embargo gives the excuse to the dictator to blame the economic conditions on somebody else, thereby creating an external enemy [...]
Tags: Politics