For more than 30 years, CEOs have claimed that wages for workers are too high. American CEOs were the first apprehend and exploit this claim followed by CEOs in most other countries. Is this true? Are wages too high? Consider that Western-style business is normally conducted under the doctrine of … [Read more...] about The Fraudulent Claim of High Wages
Archives for December 2020
Empathy? No. Appreciation? No. Gratitude? No. Leadership? No. Better late than never: UPDATE (16 December 2020). "Remembering Norman Bodek, the “Miraculous Life” of an Author, Teacher, and Publisher of Groundbreaking Business Books" by Chet Marchwinski UPDATE (1 February 2021). "Two … [Read more...] about Cold, Crass, and Graceless
Condolences to the family of Mr. Norman Bodek (obituary). I had many wonderful phone and e-mail conversations with Norman over the last 18 years. He was a beloved figure, always accessible and always helpful. A humble man, life-long learner, and earnest in his life's mission to help humanity … [Read more...] about Norman Bodek (1932-2020)
An opinion piece published in The Connecticut Mirror on 22 December 2020. For more than 15 years I have taught a graduate course where students perform formal failure analysis of senior management decisions. We study disasters such as the Wells Fargo fraud, Equifax data breach, GM faulty … [Read more...] about The 737 Max and CSCU Board of Regents
Fun Fact: January 2021 will begin the seventh year of my banishment from Lean-world. It started in 2014, when I spoke truth to power in my blog and in my books, pointing out various problems and inconsistencies that many other people clearly recognized but were afraid to say in public. I had no such … [Read more...] about Banished from Lean World
In Western culture, parents encourage young children to believe mythological characters such as Santa Claus, the Easter Bunny, and the Tooth Fairy. They are part of the magic and fun of early childhood and parenting. Other cultures have similar mythological characters for children. Parents who … [Read more...] about No Santa Claus?