Wednesday, July 20, 2005
Monday, July 18, 2005
Friday, July 15, 2005
Thursday, July 14, 2005
At the end after Rogo got his promotion to the division the author
tried to generalize the 5 steps process in identifying core problem in every situation. Now Rogo is not facing constraints (machine centers) at his plant but a much more complicated situation involving people, policies, procedures, old rules and politics. There is a culture that he has to change.
Again the author uses first principle to end the story, i.e.
1. WHAT TO CHANGE?
2. WHAT TO CHANGE TO?
3. HOW TO CAUSE THE CHANGE?
Like Jonah the author didn't give answers instead providing leads for reader to use the thinking process to solve the problem. The author tried to make this approach universal.
Wednesday, July 13, 2005
The book promotes breakthrough in the thinking process, hence the character of a physics teacher Jonah. Jonah's approach is always fundamental and from first principle and the author is promoting the universal applicability of his theory through this person. This intention is further proved by a side topic using Russian chemist called Mendeleev and Rogo's wife Julie reading Greek Philosopher Socrates' dialogues. This is indeed true as today we always say we should think "out of the box" and innovative thinking in problem solving.
Tuesday, July 12, 2005
Rogo's. One of them is to drive efficiency up, reduce costs and operating expense. What has turned out is that all the key measurements mentioned above must be looked at the same time. The absolute bottom on inventory and operating expense is zero while throughput can have no limits. Rogo demonstrated that traditional way of cost accounting for costs and inventory was wrong which has also stopped marketing people from getting more business.
Monday, July 11, 2005
with questions that would trigger his mind to ask the right questions. Once the right question is asked then Rogo every time could find the answers. To start with simple question like "what is the goal of the company" was asked. With a few wrong turns they even found the 3 most critical measurements in the plant they need to focus on, they are THROUGHPUT, INVENTORY and OPERATING EXPENSE.
Sunday, July 10, 2005
recently but moved back to FF because I think FF deserves to be kept. NS8 is a nice attempt by AOL but it needs slimming. During a week or so of testing it crashed few times, it's a bit heavy weight comparing to FF and it's not that stable. I think after all AOL has other intentions for NS8 other than just providing an alternative browser.
Originally uploaded by sfong15.
Saturday, July 9, 2005
Want to know more about Adsense? see this adsense This is how Google earns a living, i.e. advertising in www and everything they do is about advertising or else no free services (no free lunch). Google uses their search technology to enable relevant
text ads (what you see in your gmail and many if not all websites) and that revenue from advertisers supports the service their offer to customers.
Blog is short for weblog, see origin of weblog here Jorn_Barger Blogger is one of the early company who offered blogging service, see their history blogger Someone said they were the first (earlier than what wikipedia said) see history Of Weblogs If you see my family blog at sfong15 you'll see "google search bar" and "adsense" ads are on the left hand side-bar. The ads are supposed to be relevant to what I have posted such that visitors who may be interested in what I have written (by search normally or subscribed my feeds by RSS) may click on those ads. The higher CTR I have the more I earn. That's called CTR or Click Through Rate. There is a market in itself for earning money from higher CTR and bloggers are paying to learn from these such as: what is adsense adsense-secrets adsensegold
PS: in doing this I have already clicked a few times enabling some bloggers to earn from Google.
PSS: RSS = Really Simple Syndication, a feed technology instead of traditional pull when you browse a website. When you subscribe to a feed the website will feed information (text based xml) to yourbrowser whenever you are online.
Thursday, July 7, 2005
Wednesday, July 6, 2005
Tuesday, July 5, 2005
Monday, July 4, 2005
Internet bubble – this was started in the US, then heavily promoted by analysts, mostly with conflict of interest, of large multinational financial corporations who fabricated a dream called “new economy”. When the world has followed and millions of investors poured in their savings into the stock markets, it exploded.
Corruption, money laundry in general – globalization of the financial system has made things a lot easier than before. In 1998, the IMF lent Russia 8 billion dollars to stave off the collapse of the Ruble. Later that year several billion dollars disappeared from the Russia government account. In 1999, the Bank of New York helped the Russian mafia to funnel $10 billion back into the Russian economy via its Pacific Island State of Nauru, an offshore branch that never asks questions of their customers.
The collapse of Peregrine, a Hong Kong investment bank – a mixture of corruption, globalization of financial markets, expropriation by corporate pyramid etc. The trouble began when an Indonesian taxi company, named inappropriately “Steady Safe” with links to the daughter of then President Suharto defaulted a $265 million (about ¼ of Peregrine’s capital) loan in late 1997.