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Posts Tagged ‘Jim Collins’

Application of Jim Collins book “How the mighty fall” concepts to individuals and countries

Cover via Amazon

Jim Collins wrote the popular book “Good to Great.”  In his newer book, “How the Mighty Fall”, Jim Collins describes the five stages through which a proud and thriving company passes on its way to becoming a basket-case. First comes hubris born of success; second, the undisciplined pursuit of more; third, denial of [...]

Deming’s Profound Knowledge and an FMEA Assessment

QUESTION: Many have summarized Deming by saying that it is management’s fault. While it seems that management has a large influence in business health, I have come into situations when completing a Process Failure Mode and Effects Analysis (PFMEA) like this:
Process step: Install part
Failure Mode: Leaky joint
Effect of Failure on Customer: Loss of [...]

CEO and CFO Orchestration of a business management system re-invention

The people who are serving as the CEO, CFO and Chairwoman or Chairman of the Board can have a major impact on the successful or unsuccessful performance of a company. At times when things are not going well, the U.S. Company Board of Directors often seek a new CEO to lead the company. Often [...]

One Day You’re Indispensable, the Next Day… : Business System Issues and Resolution

The New York Times article “One Day You’re Indispensable, the Next Day…” discussed the departure of Steven Jobs from Apple and other significant organizational contributor. The article discussed how moments in history, or institutions, that are so shaped by the extraordinary contributions of a single person that it is hard to imagine one without [...]