Posted on 10/10/2021 1:41:27 PM PDT by RandFan
A friend sent me this video. He also happens to be a medium sized employer and after watching this he said he would NEVER hire a Harvard MBA.
I was wondering if any Freepers would have the same attitude?
Take a Seat in the Harvard MBA Case Classroom
LOl good one!
And strictly speaking, it’s not a shack, it’s a Humble abode...
Thank you. I coined the word on this very thread!
People who work in offices have little idea about the real world. Occupations involving heavy machinery are inherently risky. We can reduce but not completely eliminate this risk through investments in safety. We have actually invested enormously in safety and, so, have greatly reduced risk. The general rule is to invest in risk reduction to the point where further risk reduction would cost more than the value (large but not infinite) of the person-years saved.
The question is: (1) was the accident due to the residual risk, in which case it is merely unfortunate, or (2) was the accident due to a miscalculation of the cost of safety versus risk reduction. While the most recent industrial accident gets our attention, focusing on the most recent misdirects attention from all other safety concerns to a particular concern.
By the way, the rule covers both operator and machine error, and all other forms of error. Let’s say we’re talking of operator error: what is the cost of hiring more qualified workers, additional training, more supervision, and more fail-safe technologies (admittedly the last consideration blurs the line between operator and machine error).
You have to do this in competition with others, including the communist Chinese who care little about worker safety. At some point, we should consider under-investment in worker safety to be a form of dumping, against which compensatory tariffs are allowed by the World Trade Organization.
Obviously, this isn’t the stream of consciousness approach of Harvard Business School, if the video is representative.
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Good thing you weren’t working on flex circuitry. You were probably stunned and too polite to laugh out loud.
One of my Haaavahd MBA big bosses wanted us to eliminate one of the bakes in the photolithography process to save a half hour in the step.
But he’s our pig.
Courtesy ping to our pig.
He also had an MBA from Hah-vaaahd.
Good job.
I'd go with that. Probably you could have eliminated a couple of layers too, would have done a lot for your throughput. He could have really justified his existence.
The business class also wanted to make decisions before the US Mine Safety and Health Administration (MSHA) finished (or started) their investigation into the work site death.
Excellent post that sums up the realities of “real world” thinking.
MBA’s talked ceo’s into moving manufacturing to China thinks ng the Chinese would demand freedom
“Do they want to grow up and be someone like John Kerry or George Bush?”
Yes they do, many are the offspring of politicians and scions of business. Others want to suck up the big bucks in the private sector, just socialize in the Beltway and live it up near the Halls of Power. Donor class. It’s also true that when you grow up in that circle there is an incredible amount of pressure from childhood on to excel.
Same with Princeton.
As luck would have it, one of his engineers quit, moved to Silicon Valley, persuaded his new bosses that the company was ripe for the picking, and came back as the new CEO.
The Haaaavaahd MBA actually thought the new owners would keep him!
He had no idea that the engineer he couldn’t stand would be back, and would fire him in front of the whole company.
And that engineer?
Last I checked, he runs a $1.166 BILLION empire.
You, and a few others are exactly right. Have an in-house investigation to determine the cause of death.
Sometimes it is because certain safety rules were not followed. I’d that is the case, a re-emphasis needs to be made.
If it was because of negligent supervision, maybe the supervisor needs to be disciplined or fired.
Sometimes the employee did something stupid, which is often the case, use his death as a point of emphasis.
Finally, mining is an inherently dangerous business and sometimes shit just happens that no one could have foreseen.
I wouldn’t call becoming John Kerry or George Bush as exceling. I guess their families do.
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