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Category Archives: Business
Steel Report: Lecture by New Tata Steel Strip UK Director, Stuart Wilkie (Part 1)
The Newport & District Metallurgical Society held its AGM and new Presidential address last night (24th Sep 2015) at Cardiff University. Stuart Wilkie has held many posts in Tata Steel, the last one of which was a short stint as … Continue reading
GDP : Key Performance Indicator ?
GDP: Key Performance Indicator One of the most influential indicators within most country’s suite of economic indictors is Gross Domestic Product (GDP), or more particularly it’s annual rate of change, ‘growth’. GDP itself was essentially invented to act as a … Continue reading
Thoughts On The Nature of Value
Thoughts On the Nature of Value After hearing the word “value” banded about and wanted to capture some of my personal thoughts on the nature of value, primarily in the context of the business-like organisation, but with reference to a wider … Continue reading
Posted in Business, GDP, Value, Value Flow
Tagged Organisational Effectiveness, UK Economy, Value, Value Stream
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Meeting the Mittelstand – Watch this space
I visited the ‘Meet the Mittelstand’ event last week, which brought togther a good sample of Germany’s economic powerhouse – the ‘Mittelstand’ .- in one place It was excellently organised by Stirling Media Ltd (run by Will Stirling, recently ex-directing editor of The Manufacturer Magazine) along with government … Continue reading
Posted in Business, GDP, Strategy Deployment, UK Manufacturing
Tagged Business Decisions, Eurozone Economy, Mittelstand, UK Economy, UK Manufacturing
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Term & Short Termism
Prompted by the sale of several apparently successful UK engineering and manufacturing firms this year e.g. Invensys to Schneider Electric in August, I feel that this grow-and-sell behaviour is reinforced, if not driven, by the short-term mindset, still common in British commercial culture and finance. It … Continue reading
Letter from Bavaria (1)
Updated 22nd Jan 2013 Guten Morgen, I’m reminded that the German general election is just around the corner (in September or October 2013), with Sunday’s Niedersachsen vote going right down to the wire: the SDP/Grüne vote of 46.3% edging out … Continue reading
Lean Starts at Home …
Lean Home ? Right. I’ve identified my customers (children, wife, cat), established value from the customer’s point-of-view using a customer survey (an impressive 66% postal feedback), drawn some value stream maps, identified waste, bottlenecks and opportunities for value creation, then 5S’d the clothes, SMED’d the … Continue reading
The BlackBerry Outage : An Opportunity to Reflect ?
I’ve seen a few comments flying around that show how “attached” people are to their BlackBerrys, and it struck me that this is an ideal opportunity to reflect on how much value such devices actually give us. Are they an essential … Continue reading
System Sensitivity: Algorithmic Trading
I should have looked at what was staring me in the face. Look at the behaviour of the FTSE 100 over the last 26 years, in the graph below. Up until the late 90’s the growth of the index was … Continue reading
Posted in Analysis, Business, Decision-making
Tagged FTSE, System Dynamics, Trading Behaviour, Trends
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Branding, Prizes & System Sensitivity
Kodak : Can a Brand Too Strong ? Just a quick memo, sparked by curious market behaviour around Kodak. In itself the market reaction to Kodak seems plausible based on a set of results and underlying business issues relating to it. But … Continue reading
Posted in Business, Decision-making, Fun, Physics, System Dynamics
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Boardroom Just a Minute !
Further to blog from 19th Sept: IDEA: Wouldn’t it be useful if all boardroom agenda items were only allowed to last one minute, conducted without repetition, deviation, hesitation and the other thing. I replied to a retweet from @TimHarford on @LucyMarcus’s piece “It’s time to fix … Continue reading
UK Manufacturing: 3000 BAE Jobs Cut ?
I’m just hearing (wake up BBC Business !) that BAE Systems are likely to cut 3000 jobs in Lancs, on the back of reduced defence spending. This is an attrocious indication for UK manufacturing, not just for aerospace and defence. Discuss To … Continue reading
Posted in Business, Causality, UK Manufacturing
Tagged Business Decisions, Causal Diagrams, UK Economy, UK Manufacturing
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Business: Siemens Leave Nuclear Chapter
I feel compelled to write something on this, as on the face of it, it seems a politically motivated but an odd business decision, in part at least to deny Siemens a future in some form of nuclear technology and it’s potential development into newer, … Continue reading