Interesting article on the blog of my friend John Hunter at Curious Cat Management here. My own experience is similar. When I lived in Thailand I could buy medicines that were manufactured in the U. S. in their U. S. manufacturers packaging and instructions in English for a fraction (less than half) of the cost [...]
Each of the rules of the funnel have been simulated and charted. The charts are shown below. Rule 1. Exhibits the classic picture of a statistically stable process. It is predictable within limits and, unless the system changes or is changed, is likely to keep on this way. Rule 2. Shows the beginnings of a zig [...]
There may be a world where there is no variation, but that it is not the one we live in. In our world everything is varying all the time. Heraclitus a coule of hundred years BC made the observation that one cannot touch the same thing twice. A quote often attributed to him is, “You [...]
At the end of the day, what the customer wants is value. I define value as the combination of and interaction between quality and cost (price). Everyone knows that they can buy a really high quality performance automobile or very well tailored and durable clothing, but few can afford it. Conversely, everyone in the market [...]
