Suppose you’re a factory worker and a machine you’re responsible for stops working. When pressed for a reason, you answer there was an overload, and the fuse blew. You’re right in your assertion. The machine did overload, and the fuse was the reason. But after some self-interrogation, you realize that the root cause of the problem was not due […]
Words Into Works #016 | The Feynman Technique
Richard Feynman (1918–1988) is regarded by many as the most important theoretical physicists of our time. A brilliant, albeit eccentric thinker, Feynman had a knack for simplifying the most complex of concepts and explaining them in a way that his students, with no prior knowledge, could easily understand. To do that, he developed a mental […]
Words Into Works #015 | Just In Case vs. Just In Time
Toyota is famous for its workplace systems, chief among them, its approach to lean manufacturing. To eliminate wasted time and resources, Toyota’s production method models what’s called “just in time” manufacturing. Instead of sinking high costs into surplus parts, Toyota makes what is needed (not too many, not too few), when it is required (not […]
Words Into Works #014 | Damaging Admissions
In 1962, car rental company Avis was embroiled in fierce competition from market leader Hertz. With 11 percent of the car rental market share, an unprofitable Avis sought the help of Doyle Dane Bernbach, an advertising agency, to help launch a new ad campaign. The result was a tagline so memorable, Avis ran it for […]
Words Into Works #013 | Details Create Success
On his first day of practice as a UCLA Bruin, a wide-eyed Bill Walton marched into the locker room, eager to learn from his new coach, John Wooden. [1] “Men, this is how you put your shoes and socks on,” instructed Wooden, removing his shoes and socks before an audience of bewildered college freshmen. “We […]
- « Previous Page
- 1
- …
- 21
- 22
- 23
- 24
- 25
- 26
- Next Page »