Tag Archives: management

How to spend $375,000 on self-destruction

From The Register: Recovering stolen laptops from Italy – $9,668. Consulting an investigative reporter – $7,312. Having a spy scandal erase decades of hard work building up your reputation, while eroding your board of directors and forcing your CEO to testify in front of Congress – priceless. Or rather about $375,000. Even better, spend S$400,000… Read More: How to spend $375,000 on self-destruction »

Another mindboggling statistics

Hummingbird’s Information Management Survey of 1,385 business executives revealed that 29% of departing directors have admitted to stealing corporate information when they left a company. The survey, conducted by polling company YouGov on behalf of Hummingbird, also found that 24% of the thefts involved using memory sticks or MP3 players to move data and 18%… Read More: Another mindboggling statistics »

Is 99.9% good enough?

One of the many business trends in the 1990s was “three nines“, i.e. businesses should strive for 99.9% accuracy, 99.9% customer satisfaction, 99.9% quality, etc. But is 99.9% good enough? If so… 268,500 defective tires will be shipped each year. 132,412,800 cans of soft drinks produced in the next 12 months will be flatter than… Read More: Is 99.9% good enough? »