Category Archives for "Connecting"

Show Me the Money: Capital Goods (Part III of Cost Accounting )

In the previous installment of my series on how cost accounting chokes business by making it more difficult to understand how you really make money, I discussed how inventory is evil, though, a necessary one. This time I’m going to discuss the whacky way that cost accounting handles capital investments when seen from an operational […]

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Inventory Costs (part II on Cost Accounting)

Image By US Army Africa from Vicenza, Italy (Djibouti SARSS 2010Uploaded by Elitre) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons“Inventory is evil.Louis Schultz Another problem with cost accounting is that it treats inventory as an asset. From an operational point of view, inventory is a liability, not an asset. Inventory is evil! But, sometimes it can be a necessary […]

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Is Cost Accounting Holding You Back? (Part I)

From a post from the now defunct posterous, where my blog began, adapted From My Column in The Cheese ReporterVolume 135, No. 8 – Friday, August 20, 2010 http://bit.ly/asoTRdPart One: CostsIt seems to me success involves the right people knowing the right things at the right time so they can make informed decisions. Do our […]

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Values drive “Un” Corporations

In very few areas of public life is the disconnect between what we are told and what really is so shocking as in business news. In fact, it’s easy to believe that the vast majority of business is done by big, greedy, publicly traded corporations, but it is wrong: very wrong. 19.6 million Americans work […]

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Raw Milk Post-Pasteur

​Safe And Sane Food Policy: Fix The Causes To Fix The ResultsFrom my Column in the Cheese Reporter​Volume 141, No. 25, December 18, 2016In my last column I shared how changes in food policy at the FDA are laying the foundation for a safer food supply. Science, prevention, managing risks, and improving processes, is the […]

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One door opening another closing

Another Door Opens

By Russell RuggieroWhen things are going well (e.g., rising stock markets, strong growth, etc.), the tide carries a wide-range of industries along for the ride. The expression “Riding the Wave” comes to mind and seems to describe this scenario perfectly. However, when life throws us a curveball, we must adapt or take a strike call. […]

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Owen Ambur

Aligning for the Future: leveraging technology for better communication with StratML

By Matthew Harang and Dan Strongin, in the Policy Tree Blog In many ways, communication is the cornerstone of civilization. After all, it is humans unique ability to communicate on endless levels that sets us apart from other species. In today’s fast paced world, information travels at the speed on light, or at least 100mbps; […]

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Shooting From the Hip

5 Ways to Learn to Manage Badly

Much of my early working life was spent wondering about the difference between what management thinks and says about itself,  and the chaotic reality all of the places where I was working. If you listen to management people, you would think that long ago we found the solutions to all the problems, that everybody’s practicing […]

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messi vs pele goals per game first 8 years

A RUN CHART REVEALS MEANING IN NUMBERS

If you want to understand your numbers, the worst thing you can do is use a spreadsheet, best- a run chart. What am I saying? Have I lost my mind? Forget for a minute what everyone says is right, and lets think about it. Lots of data arranged in columns and rows is hard to […]

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maze

SWOT’S WRONG WITH A SWOT?

Use a Matrix Before it Uses YouWhy are SWOT’s so popular despite the weight of research clearly showing they not only don’t work, they can do real damage?  Definition A matrix is a tool for analyzing data. In math, a matrix is a rectangular array of quantities or expressions in rows and columns that is […]

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calves in paddock

Meetings Focus on the Wrong Things

The American Psychological Association completed a research project on the topic and found out what people actually think about during a meeting or a speech at any given time: 18% are really listening and are focused on the topic 25% have erotic thoughts 57% are thinking about something else You know who you are! We […]

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Davis Balestracci

Super Motivation Survey from Davis Balestracci

An excerpt from Davis Balestracci, owner of Davis Data Sanity dot com. To read the entire article just click on the “more…”His Website How true are the following statements as you perceive things in your work environment? 1 = Not true at all2 = True to a small extent3 = True to some extent4 = […]

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Management Style of Waves, the form of Nature

MANAGEMENT STYLES, NATURALLY

You live in the natural world. As a human being, your life is influenced by the interplay of natural law and human nature. THAT includES your working life. Even where you work, even on the workfloor itself, you cannot escape nature’s influence. The management styles you choose, or have chosen for you, need to work […]

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Picture of Dr. Deming

No Business As Usual: Dr. Deming in Action

As a special treat, this film on a project Dr. Deming did with Pontiac. In addition to the film, what follows is the beginning of one of the most important speeches in modern management history, given at the Hakone Convention Center in Tokyo, August of 1950, with 70% of all Japanese industrial leaders in the […]

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Budgets and other stories…

Budgeting is a farce Budgeting, in cost accounting, is a farce, leading to decisions based more on the affect on the appearance of the balance sheet, than on operational effectiveness. If it looks like a duck, and walks like a duck it must be an aardvark! What we need is a second set of principles […]

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How to Survive and Thrive in The Gathering Storm

Negotiators have yet to finalize a Doha round global trade agreement, but one thing they have agreed on was to end all agricultural export subsidies by 2013. The talks began in 2001, and are not yet concluded, as everyone angles to get the best possible deal for themselves at the expense of everyone else. SHORT […]

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Cost Accounting is Leading You Astray

How is money really made in business? Shouldn’t the models we use to solve problems and understand match the reality?Is it enough to use Cost Accounting just because everyone else does. BTW, not everyone else does. Cost accounting comes from the early years of the Industrial Revolution. Do you have endless supplies of labor, abundant […]

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INTEGRITY AND ETHICS IN BUSINESS

Ethics, Integrity, and surviving the Long TermRecent history is thick with hot-shot companies that flame out in scandal, but we rarely hear about the survivors. J.E. Rhoads and Sons, for example. Founded in 1702, it was sold to a corporation in 1995, only to be rescued by a former employee, who started working at the plant […]

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Show Me the Money: Capital Goods (Part III )

In the previous installment of my series on how cost accounting chokes business by making it more difficult to understand how you really make money, I discussed how inventory is evil, though, a necessary one. This time I’m going to discuss the whacky way that cost accounting handles capital investments when seen from an operational […]

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Inventory in Cost Accounting Blocks the Flow (part II Cost Accounting Chokes)

Image By US Army Africa from Vicenza, Italy (Djibouti SARSS 2010Uploaded by Elitre) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons Another problem with cost accounting is that it treats inventory as an asset. Inventory is a liability, not an asset. While skype®ing with Louis Schultz the other day, he said: “Inventory is evil.” I couldn’t agree more, […]

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Information Technology is slipping….

​ These are serious times. It may well be crunch time for the planet, and it is certainly crunch time for the economy. Serious times merit serious discussions. (reposted from May 2010 from my once and past posterous blog) While in New York to make a presentation at the Fancy Food Show, I had dinner […]

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Is Cost Accounting Holding You Back? (Part I)

From a post from the now defunct posterous, where my blog began, adapted From My Column in The Cheese ReporterVolume 135, No. 8 – Friday, August 20, 2010 http://bit.ly/asoTRdPart One: CostsIt seems to me, one secret of success involves the right people knowing the right things at the right time, so they can make informed […]

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Inventory is a Necessary Evil

How you See Things Defines Your World, Within LimitsInventory freezes money that could be working for you, and hides waste. What happens when you look at it as a liability rather than an asset? This short film, while a bit overly simple, elegantly illustrates what is wrong with treating inventory as an asset in operations, […]

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In Their Own Words: La Clare Farm

The vast majority of goods and services we use or consume in our daily lives do not come from publicly traded corporations but from independent business. In almost every country in the world, more than half the GDP is contributed by small and medium businesses. Yet, all you get in the media, online and  in […]

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Food Safety: Damned Lies & Statistics

Quick Navigation Food safety is a hot button issue, Note the word “appear” before you panic! Different Kinds of Statistics?​The article continues, with a seemingly reasonable statement on Food Safety…​The Perils of PercentsAverages presented as if they are real things, And then comes this nonsense, parading as science: The data does not support the conclusions: […]

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The Current Style of Managing is a Prison

GE, along with most large publicly traded corporations, and some privately owned, suffers deeply from Silo mentality. In fact, a former client was the conduit for communication between two different divisions: they competed within the company against each other and rarely communicated with each other.Honeywell has a split culture, with those who were with Honeywell […]

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A New Way to Manage

​©2011-14 Dan Strongin, All Rights ReservedA manager’s first job responsibility is to see to the design of a good system, with well thought-out and tested processes that meet the needs of customers, and a vibrant dialogue between all the parts. Once up and running, their second responsibility is to ensure it is stable, in other […]

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Mystery Man

Thanks Bud, couldn’t put it better myself!

From my December 2013 Column in the Cheese Reporter.Maybe its the time of year, but I wanted to share one email I got with you, because I think it says more eloquently than I could dream of, what many people may be thinking these days, but never gets covered in the Media. The writer is […]

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bully

The Investment Economy: Schlemiel Schlimazel

For me, the greatest documentary on systems gone bad is the 24 hour French film Schoa…  interviews with the survivors on all sides of a concentration camp. Tough stuff, but real. I remember one fellow in particular, a Pole or German, who tried to save lives but realized that all he was doing was trading […]

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Snake Oil and Instant Pudding

am tiring of all these discussion online and in the management media on acronyms, systems, lean, six-sigma, BPM, all of them. They are various grades short of effective because they are copies. They are copies that pale in comparison to the ideas they stole from people like Taylor, Gilbreth, Ohno, Dewey, Charles Pierce Smith, Shewhart […]

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Peter Scholtes

The Gemba Reggae

Gemba is Japanese for “the real place,” where the work is actually done. I like “where the action is,” as in go “where the action is” to see for yourself, before forming an opinion.(Gemba Gembitsu) In other words, get off your duff, leave the office, put “I know” on the back burner, and go where […]

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Finished Goods is a Necessary Evil

Inventory is a result of production, and managing production is the key to flow! Enjoy this video, an early one I did, famous for the use of dog bones to explain complex business processes! Then consider this, that dollar that had the bit scissored off is the difference between the sales price and the cost […]

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