article thumbnail

7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

These kinds of statements speak to a leader’s choice of values, and a failure to understand the relationships between a safe work environment and operational performance. The reality is that virtually all workplace injuries are preventable, and safety management and operational excellence are intimately linked. At Cummins, Inc.,

article thumbnail

How Share-Price Fixation Killed Enron

Harvard Business Review

It appears that Enron''s final fatal mistake was to try to support its stock price instead of living up to key contractual obligations required to maintain its credit rating. What caused Enron''s bankruptcy was, quite simply, the loss of its investment-grade credit rating. What caused Enron to go bankrupt?

Price 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Four Steps to Fixing Your Bad Data

Harvard Business Review

Unfortunately, reputational risk is only the tip of the iceberg when it comes to bad data quality. From falsified mortgage applications and bundles of toxic mortgages, to incorrect credit ratings and balance sheets that couldn't be trusted, the financial crisis is as much about bad data as it is about unfettered greed.

article thumbnail

How Blockchain Could Help Emerging Markets Leap Ahead

Harvard Business Review

Quality control revolutionized Japanese manufacturing in the 1960s and 1970s, even though the concept could not find a foothold in American manufacturing (although it was originally developed by an American , W. Edwards Deming). All the goods flowing in and out of developing world countries could be tagged.

article thumbnail

Incremental Fixes Won’t Save the U.S. Health Care System

Harvard Business Review

Many are interpreting this opposition to mean that he will slow the shift from traditional fee-for-service health care, where doctors are paid per visit, test, or procedure, to value-based care, where doctors are rewarded for quality care and better outcomes. Accelerate value-based pilots.