Business901 Book Specials from other authors on Amazon

Wednesday, August 28, 2013

Framing Big Data, part 1 of 2

If you have two sets of researchers who are telling you contradictory things, and they have their own data sets to support it; how do you tell which one is believable and which one is junk. In Numbersense, what I try to do is to give people, as you say, a framework to start thinking about how you would interpret all these things out there.

…says Kaiser Fung, author of a new book, Numbersense a previous book, Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do and the popular blog, Junk Charts. Kaiser Fung is a professional statistician with over a decade of experience applying statistical methods to marketing and advertising businesses. He holds an MBA from Harvard Business School, in addition to degrees from Princeton and Cambridge Universities. He is Vice President of Business Intelligence and Analytics at Vimeo, a high-quality video hosting platform for creative people. He previously worked at Sirius XM Radio, American Express, [X+1], Exodus Communications, and Sonus Networks. He is also an adjunct professor at New York University teaching practical statistics.

This is the first of two podcasts with Kaiser. The second one will post next week.

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Thursday, August 22, 2013

Kranz Dictum: The Miracle behind Apollo 13

Have you ever been part of an impossible project? Next week’s Business901 podcast is Michael Dobson author of Project: Impossible - How the Great Leaders of History Identified, Solved and Accomplished the Seemingly Impossible - and How You Can Too!. The book was a fun read for me and so was the podcast. Michael does an excellent job of weaving project management lessons in and out the stories. Michael, knows a thing or two about project management, he has written over twenty-five books.

An excerpt from the podcast:

Joe: When we think of a crisis like that, how much project planning goes into a crisis, such as Tylenol. Were they just winging it in that instance?

Michael: Well, the part of the background of the Tylenol situation was that a lot of the executives of Johnson and Johnson had just gone through training or some workshop about corporate ethics. Their vision and mission statements and all these good management practices and they really only had one question to ask themselves. Did we mean all this stuff that we were saying? Once they said "Yes, we did mean it," then they had a basis to go on. You'll see this as a theme in a couple of stories. In Apollo 13, you know the famous CO2 exchanger that we all remember from the Apollo 13 movie, the fact is that there had been a tremendous amount of training in crisis response, there was an emergency kit. They couldn't very well have done it without duct tape. Somebody had to think about putting together an emergency kit that included things like duct tape that was available generically. With Patton in the Battle of the Bulge, he didn't do it in 48 hours. He anticipated it and had his planners hard at work. With Caesar at the Battle of Alicia, it was the long term training of the Roman soldier that allowed him to take on the absurd task of building this amazing set of fortifications in a very short period of time with very little in the way of supplies. If you don't start early, if you don't have the foundation, if you don't have the vision, if you don't have the training, if you don't have the emergency kit, well, your ability to handle a crisis when it shows up is extremely hampered. Normally, crisis management by definition is reactive rather than proactive, but a lot of training, a lot of the prep work, a lot of the mind-set comes well in advance and in most cases by the time the project officially starts, it's too late. If you haven't started early, if you haven't built a foundation early, well, there's not much you're going to be able to do to recover.

Joe: In the movie Apollo 13, I think of where the person said something to the effect, "gentlemen" . . . .

Michael: Failure is not an option.

Joe: Failure is not an option. Yes, exactly.

Michael: Gene Kranz who never said it. He never said it. What he did do is he was the guy who developed the NASA response following the Apollo 1 capsule fire that killed Grissom, White and Chaffee. There is a long story about the origins of that. Some of it is in the book, and it was after that he developed and announced what he referred to as the Kranz Dictum that was a preparation and mind-set tool for NASA. He insisted and focused on it from the immediate aftermath of Apollo 1. So, by the time Apollo 13 came around, he had achieved what he did call, perfection in the art of crisis management. Simply no way to make space travel or, any kind of, going up explosive powered rocket, there's no way to make that inherently safe. If you're not ready with crisis management, you have no business going.

Gene Kranz did well with something he never said, His book is titled: Failure Is Not an Option: Mission Control From Mercury to Apollo 13 and Beyond

MICHAEL SINGER DOBSON, marketing executive, project management consultant and nationally-known speaker, has been a staff member of the Smithsonian National Air and Space Museum, award-winning game designer, and career counselor in his varied career.

Tuesday, August 20, 2013

A Story of Sustaining Lean

Robert B. Camp holds a bachelor of science degree in engineering from the United States Military Academy, West Point, New York, and a master of business administration from Franklin Pierce University, Rindge, New Hampshire. Robert spent almost 20 years of his career working for Mobil and Lockheed Martin. Throughout his career, he has performed roles that have drawn heavily on his increasing body of Lean knowledge and experience. He is a board member of the Association for Manufacturing Excellence and the author of Go and See: A Journey about Getting to Lean, and most recently Sustainable Lean: The Story of a Cultural Transformation.

In the podcast, Robert discusses a particular area that I thought brought out a very clear message. When you are talking culture and transformation, you cannot hire someone else to come in and do your work. An excerpt from the podcast:

Robert Camp: The problem is, they're unsustainable, unless, leadership with the organization agrees that they're going to change. I make a point of referencing that in my book, early in the book, the protagonist, Jim, who is a plant manager is talking to a consultant that he's heard at a gathering, and he approaches him afterwards. Jim approaches the consultant afterwards and says: "I hired these external consultants to come in and we did great. They did better than they even promised me they would do. Then, I was pressured by corporate to cut off the contract, and in the two years since, things seemed to have drifted back to where they had been". Frank, the external consultant, says to him: "What you did wrong was you entrusted the transformation to somebody else. Unless, you are willing to lead it, it's not going to be sustainable". I think, therein lies half of the answer that A is got to be led by the leaders of the organization. The second piece to that is by leading they literally get out front which means they need to understand Lean as well as anybody else and they actually have to drive the transformation. They can't hire somebody to come in and do that for them.

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