The Sydney Opera House Perhaps the most famous example of the planning fallacy is the Sydney Opera House. Located on Bennelong Point on the banks of Sydney Harbour in New South Wales, the Opera House was designed by the Danish architect Jørn Utzon and opened to the public in 1973. It is one of the […]
All That Glisters…
The next big thing There is a revolution going on in the world of medicine. Robotic surgery equipment is being installed in operating theatres across the western world. The robots allow surgeons to make far smaller incisions and operate much more precisely. The surgeon doesn’t have to contend with slippery instruments and the robot has […]
Sweat the Small Stuff
TED Talk Rory Sutherland Rory Sutherland points out that big, strategic, expensive initiatives don’t always work. There are a myriad of small projects that are just as powerful. Although big important people like big important projects, the money that they throw about is often wasted. Rory urges us to figure out what the small inexpensive […]
Penny Wise Pound Foolish
Economies of scale For a while I worked in an organisation that obsessed about costs. Everybody had a target to cut the costs that they managed. If everybody reduced their costs then the total cost would go down. Or so the logic went. The cost of printing There was a man who owned the stationary budget: paper, […]
The Sure Thing
Pain and despair Imagine you run a servicing centre. You have a staff of 100 who fill in forms to order things for customers. Maybe they process applications Maybe they fill in patient’s details Maybe they capture the details of car repairs You get the gist of it… Lots of people, lots of information and lots of screw […]