Problems are Doorways to Opportunities

Since the start of 2021, semiconductor chips, which are used in cars, trucks, computers, and smart-phones, have been in short supply.  Supply has been so short that automotive companies have shut down assembly lines and consumer electronics corporations have delayed roll-outs of new products.  Bloomberg reported in its September 22, 2021 Supply Lines newsletter thatContinue reading “Problems are Doorways to Opportunities”

Finding Fault in Who versus in What

There seems to be a lot of finger-pointing going around.  People pointing to other people as causes of problems: One country points to another for the coronavirus pandemic.  One politician points to another for failure in stopping the spread of the virus; A restaurant owner blames a vendor’s delay in deliveries as reason for theContinue reading “Finding Fault in Who versus in What”

Why We Need to Define the Bigger Problem*

When Apollo 13 astronauts reported an explosion on their space module, NASA’s Houston Mission Control contemplated on continuing the mission and land on the moon.  It was only when NASA realized that the problems were life-threatening that it was decided to abort the mission and to have the astronauts return to Earth safely.  We tendContinue reading “Why We Need to Define the Bigger Problem*”

Burning Platforms and How to Prevent Them

A proprietor who sells electrical products was experiencing a dramatic drop in sales.  He hires a consultant who comes from a large multinational corporation and asks him what can be done.  The consultant suggests that the proprietor develop a vision, mission, objectives, and strategies (VMOS) for his business.  The consultant conducts a team-building session withContinue reading “Burning Platforms and How to Prevent Them”

The Feasibility Study Ends with a Plan, Not A Solution

The feasibility study consists of the following steps: It starts with defining the problem.  It ends with a plan. A lot of people make the mistake of ending a feasibility study with a solution.  After they have the answer, many of them neglect to ask “what’s next?”  They rely on the stakeholders to figure thatContinue reading “The Feasibility Study Ends with a Plan, Not A Solution”