Tag Archives: www.tridentleverage.com

The Egg and I

Ever wonder about the question of which came first, the chicken or the egg? It’s hard to escape the current media about eggs, salmonella outbreaks again! I confess that part of me is a chicken, more than a bit concerned about the eggs. Although the broadcasted data says my eggs are likely to be safe, the current outbreak is disturbing. Egg farmers everywhere are sharing the chilling thoughts of what fear can do to our buying behaviors. A bad egg amongst the good can spoil the lot. It’s not just about eggs, is it?
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Whose Life Is It Anyway?

It’s absolutely fascinating how much leverage going green has gained. It’s hard to miss the marketing, packaging, and commitments that continue to grow and show. Many of us make green choices daily, some bigger, some smaller, and some to feel better, all with positive impacts. My observations are that, in consumer goods, the visible focus is on producing “from recycled” materials or from producing from benign components or processes. But what about all the really big stuff we build, produce, or operate?
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What’s Luck Got To Do With It?

“Plans are nothing; planning is everything.” Dwight D. Eisenhower
How much depends on the yearly business plan? For many, it triggers budgets, funding, capital approvals, sanctioned projects, operating targets, salaries, product launches, support activities, hiring, office renovations, perks, …, lots of movement and a myriad of decisions, hopes, dreams, and nightmares. It is often the summary of what we expect, maybe wish or hope, to happen, commit to do, and the outcomes that the world of business should see, translated into the language of finance.
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Who’s Not on Board?

Not that long ago, a major mobile phone carrier had an effective advertising campaign with a catchy slogan. Yet, I found their slogan troubling. It was troubling in that their banner, “We have fewer lost calls” left with me an impression that “we’re not as bad as the other guys” was written with the intent to establish a positive differentiator of quality and reliability. My reaction then was that the goal was to be the best of the bad, or cream of the crap. Upon reflection, I realized that the problem was with me, and in fact, the carrier’s message was the right one. This carrier was actually speaking the language of quality, not of spin (as I confess was my reaction). Quality is measured by the likelihood of failure against a specification. In their case, our case, it was a message that what mattered to the customer was continuity of service and there is a probability that that service will be interrupted, and the best do it fewer times. The carrier must have studied Dr. Noriaki Kano and realized that in some cases, the best can mean fewer defects, and failures against a basic requirement can only bring dissatisfaction. For the basic requirement of service availability, a service unavailability measure is the right metric and satisfaction is not achievable, that is, zero defects can bring only zero dissatisfaction.

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Reddy or Not, Here I Come!

“We have an app for that,” so goes the ad for a smart phone. I am still amazed by how life is changing through technology. The accessibility and choices at our disposal have redefined nearly everything, and to a great part for the better. Several years I joked about the day when I could sit atop a mountain with a laptop connected to the world and able to conduct my business, only to see someone smile and say, “It’s not that far away.” So, here I am on a mountain, loving the view, with the world at my fingertips, conducting my business and knowing that our readers across the world can share in the output this experience, when, how, and where they chose. We’ve shared the transformation of our lives and our enterprises as a consequence of leaps in telecommunications and the myriad of choices and facilitated activities available to us, our customers, suppliers, competitors, and our world.
New enterprises have jumped on the electronic carpet ride, perhaps working in a “cloud”, and creating new value propositions in a connected world. Business models have literally crumbled, leaving relics, much like those of Ozymandias, because brick, mortar, and paper have been replaced by electrons. In his grave, my very old friend, Reddy Kilowatt, both rejoices, and perhaps weeps as well, as the role of his offspring continue to transform the world. Perhaps it’s a bias, a consequence of a prior professional life, but I believe that nothing has come close to transforming the quality of human life as the availability of reliable electric power. In fact, the arguments that it’s about water, food, education and health care cannot stand alone without the platform built on our friends the electrons. We depend of many energy sources, but in many ways, they are often diminished in value without the electrons at play. Our electrons are such important servants that we store them in forms that make them available 24-7; in fact they make the world available to us 24-7.
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Oh, Can You See By the Dawn’s Early Light?

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness.”
So begins the second paragraph of the Declaration of Independence from Great Britain signed by the United States Congress on July 4, 1776. We in the US, celebrate July 4th as Independence Day this weekend with festivities, fireworks, picnics and devotionals to those whose lives were dedicated and often taken to secure these unalienable rights. In fact, the words could serve as anthem to peoples all over the world as a never ending objective and pursuit.
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Truth or Consequences?

I heard someone on the news use the term “oil tsunami” to describe the river of oil currently sweeping across the gulf and the devastation it is delivering to those in the water and on shores. It is an interesting analogy in imagery, but it misses the big point, this growing glob of pestilence was triggered by man, by many people making a whole bunch of choices and decisions. The complexities of how it began and the complexities on how it may one day end are still unraveling. The forces of nature that have been unleashed still defy our technology, techniques, and even our collective confidence. Sadly, it does illuminate a darker side, not new, about the economics of the process. Responsible economists articulate the importance of incorporating the impacts of externalities into decision making. What that means is that what we do can have an adverse impact that transfers the burden, costs, and consequences of dealing with the mess to someone else. In the broadest sense, the total costs of what we do are bigger than our accounted costs and subsequent prices we charge.

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What If?

There may be a really big storm brewing. It may be a signal from a political barometer, or positioning, real outrage… not sure, but the thunder is increasing. The last few months have stoked the fires of outrage, anger, frustration, and deteriorating confidence from a public that may feel that they may have been too trusting.
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We Trusted You!

Watching the US Senate Congressional hearings this week, I almost felt as if I were at the cinema watching a fictional drama. One of those movies where the villains were conspiring to wreak global havoc and the world was rescued by a heroic figure that brought it to light. I wish it were fiction, but alas, there were no heroes, and in fact, there may have been some villains indeed, and many of us can attest to the havoc wrought on the global economy.
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The Roads to Nothing or Zero

For most of the history of civilization, humankind has been devoid of, arguably, the most important number in the universe. It possesses the power of infinity and it is immeasurable or elusive, sometimes. But this number became the invisible fulcrum that redefined how we now weigh matters and many decisions in our world. That number is zero
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