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Posts tagged "Government"
The advent of the fiduciary rule led the industry to make changes that may not be reversed, according to Aron Szapiro, Morningstar Inc.’s director for policy research. After the Labor Department’s announcement in 2016, financial companies began moving to comply with it. Bank of America...
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July 10, 2018 Bruce Benson
Change Management
No Comment
Essentially, it was by luck. At ongoing hearings, senior bank executive Clive van Horen explained that the error had escaped numerous internal bank controls that should have caught it. The error was finally uncovered after troubling questions were raised over the bank’s overdraft application process...
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April 25, 2018 Bruce Benson
Risk Management
“It’s almost like a dark state going on in Tallahassee,” said Rep. Carlos Trujillo, a Miami Republican and critic of the “culture of Tallahassee that compromises the process” because “priorities are shaped not on policy, but on relationships. Code of silence is breaking on Tallahassee’s...
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February 22, 2018 Bruce Benson
Process Improvement
According to a Pentagon history of the F-35, Darpa quietly sought assistance from a research and development arm of Lockheed Martin known as the Skunk Works. By the early 1990s, the Darpa-Skunk Works collaboration had produced preliminary concepts, and the Marine Corps began pressing Congress...
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April 19, 2017 Bruce Benson
Planning
It does not take much, a simple shake of the head by an influential person, for a whole team to know what is expected of them.
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August 18, 2016 Bruce Benson
Leadership
During a college job at an Air Force weapons lab in New Mexico, [Robert Mercer, co-CEO Renaissance Technologies] says, he found a life’s calling. “I loved everything about computers,” he said. “I Loved the solitude of the computer lab late at night. I loved the...
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February 10, 2016 Bruce Benson
Change Management
Yet the media telling of the story makes it sound as if ideation—the creation of ideas—is 90% of the work of innovation. Ideation has produced many inventions that never became innovations because no one adopted them. Many people are misled by stories that inaccurately equate...
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January 6, 2016 Bruce Benson
Change Management, Innovation
China wasn't even the first country to experiment with forcible population control. In the late 1970s, Indira Gandhi, then prime minister of India, introduced a program that involved the involuntary sterilization of many men and women.
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November 18, 2015 Bruce Benson
Requirements Management
Although Pompeii is frozen in time, the workers are in a hurry — to spend money. In the next 11 weeks they have to burn through almost $100 million — about five times what they’ve spent in the past three years — or risk losing...
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November 4, 2015 Bruce Benson
Cost
California captures enough water each year to meet all its needs if it operates efficiently — a big if. … “There’s learning, information sharing, creativity, and discovery.” The drought is speeding up the process. “What causes change more than anything is crisis,” Thomas Howard, executive...
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October 7, 2015 Bruce Benson
Change Management
Each container Driscoll’s sells in the U.S. and Canada has a code on the back that tracks variety, grower, and harvest date. Originally a food safety measure, it’s become a way for Driscoll’s to test the market. Consumers can enter their codes on Driscoll’s website...
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September 30, 2015 Bruce Benson
Change Management
“It’s naive to think that three presidents and three U.S. military services would have spent so many billions of dollars on a program that doesn’t work, “ [Loren Thompson, chief operating officer of the Lexington Institute who has worked as a consultant for Lockheed] said....
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September 17, 2015 Bruce Benson
Planning
The curse of the economic cycle to date, which has been its sluggishness, is now turning into a blessing, resulting in greater longevity.
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July 15, 2015 Bruce Benson
Metrics
More money, more people and more time is not always the solution. Sometimes -- often times -- the solution is simply to take another approach, such as trusting people.
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June 25, 2015 Bruce Benson
Risk Management
We have a bias that everything has to be done in precise and perfect ways.
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May 6, 2015 Bruce Benson
Change Management
