Are these the real materials for exchange? They were good inventions in their time. But cryptocurrencies proved that you do not need a central bank for money. In realy what we exchange is enerygy. You work for 9 hours a day to get a salary. What you get is the equivalent of the energy you spent in the company , moreover the contribution you provided. If the task would have been done by a robot we would have talk about its electric consumption , maintanace expenses and its depreciation value. I do not want to pretend that a worker is a kind of robot but just facilitate to understand the meaning of the money got after a working period. A task is done and there is a throughput with a commercial value. In this there are the cost of the raw materials and the labor cost.In reality the labor is a spent energy which can be measured in physics by calories , jules , watt…
Hence what we get against our work is in reality calories, jules or watts . It is time to discuss maybe to exchange energy instead of imaginary piece of papers or figures in a bank account. The real value is the energy you get. And this is something universally constant. It has no inflation causing depreciation. 1 calori will be the same infinitely!
You may think about petroleum prices up an downs. You are right momentarily. Even coal along withare not renewable. Once it is consumed it is finighed. Oil wells are supplying
petroleum or natural gas for certain period of time and quantity. They are not endless resources. Within a century such natural resources will exhaust. This has an exeption the the nuclear power. Uranium , plutonium , thorium alike minerals can not be turned to energy for a long. May take thousands of years to consume them.
By no means this does not put any caveat or cause exemption to our theory, but just a matter of time.
Avram Aji
13.06.2018
Saturday 12 May 2018
HOW ARE THE JEWS IN TURKEY NOWADAYS?
Looks like not as bad as seen on TV’s or at the internet media. Turkey is intensified now to the early elections. Nobody has much time for antisemitism. Erdoğan has started to play again its heroism show of Palestinans but its impact is narrow . French declaration on antisemitic verses of Koran drove mad all politics .
Most of the Jews now got a Spanish or Portuguese passport. This has opened a wider movement opportunity especially for youngsters for higher educational purposes as well as for working. Brilliant ones are already catched by international head hunters. Turkey’s economy has been damaged badly by the Syrian war, and also with bad management of course. Regretfully we have never had any farsighted diplomats . Our relationship with our neighbours is bad and getting worse. Syria became the battlefield of Russia, USA and Iran. Turkey is extremely affected .
Nowadays our south eastern border is more calm. Turism industry started to revitalize. This is extremely important for Turkey. Needless to say if the economy is good Jews also benefit being in the same boat.
It remains roughly 10000 jews in Turkey. We started to have difficulties to protect our ancient heritage like old sinagogues that we owe. We got some tiny help for abroad but it is not sufficient. It started to become an important field of turistical curiosity. Its faint income does not help much.
Eldery people percentage is very high , bringing alongwith some kind of poverty among them. Pension system is not good in Turkey. Geriatric problems are increasing and our management is suffering to assist them fully.
Mixed marriages are full throttle!
Avram Aji
13.05.2018
13.05.2018
Thursday 10 May 2018
CRITICAL CHAIN by Eliyahu Goldratt
I am continuing to read “Goldratt” books in a series. This one is stating with the same manner .
There is good debate on MBA in universities. Nowadays it bacame like a fashion for most managers to get an MBA degree. But the benefit of it is quite marginal. It just shows that you have a continuous ambition to learn something after your BSc or BA degrees. In the book Eliyahu emphasize that the demand on MBA is declining swiftly. University managers are thinking on how to make MBA degree really profitable for the existing and prospective managers .
In the last decades many management techniques were developped from various industrial organizatios. Namely TQM , JIT (Just in Time) , re-engineering, learning organizations.
Then we come to TOC to the theory of constraints. This come in five steps
1) IDENTIFY the system constraints
2) EXPLOIT the contraints
3) SUBORDINATE everything to the identified constraints
4) ELEVATE thensystems’ constraints
5) START AGAIN
This algoritm must be repeated continously as once you solve one constraint issue your factory than a next constraint point must be identified.
The author is claiming two management system:
-Cost accounting
-Based on throughput
Both are in conflict with each other.
Production is a linked various small steps. One of these steps must be identified as bottle neck. To make a non-stop working this step all other steps must be alligned . Even an excess inventory must be ready in front of this step while waiting Murphy to arrive unexpectedly.
A big project consist of small parts. Every sub-contractor is putting some buffer time for any unexpected delay. This is mostly taken as %50 of timing. When you consider a project of 10-20 steps than you have an incrdible buffer time. No any precaution is taken for early finishing up. Hence you have an idle time.
This book is about how managers are finding solutions while they do their MBA but discussing with each other under supervision of their professors and their company staff...
Avram Aji
10.05.2018
There is good debate on MBA in universities. Nowadays it bacame like a fashion for most managers to get an MBA degree. But the benefit of it is quite marginal. It just shows that you have a continuous ambition to learn something after your BSc or BA degrees. In the book Eliyahu emphasize that the demand on MBA is declining swiftly. University managers are thinking on how to make MBA degree really profitable for the existing and prospective managers .
In the last decades many management techniques were developped from various industrial organizatios. Namely TQM , JIT (Just in Time) , re-engineering, learning organizations.
Then we come to TOC to the theory of constraints. This come in five steps
1) IDENTIFY the system constraints
2) EXPLOIT the contraints
3) SUBORDINATE everything to the identified constraints
4) ELEVATE thensystems’ constraints
5) START AGAIN
This algoritm must be repeated continously as once you solve one constraint issue your factory than a next constraint point must be identified.
The author is claiming two management system:
-Cost accounting
-Based on throughput
Both are in conflict with each other.
Production is a linked various small steps. One of these steps must be identified as bottle neck. To make a non-stop working this step all other steps must be alligned . Even an excess inventory must be ready in front of this step while waiting Murphy to arrive unexpectedly.
A big project consist of small parts. Every sub-contractor is putting some buffer time for any unexpected delay. This is mostly taken as %50 of timing. When you consider a project of 10-20 steps than you have an incrdible buffer time. No any precaution is taken for early finishing up. Hence you have an idle time.
This book is about how managers are finding solutions while they do their MBA but discussing with each other under supervision of their professors and their company staff...
Avram Aji
10.05.2018
TQM TOTAL QUALITY MANAGEMENT
Now all reliable and up-to-date companies hold kind a good managerial certificates such as ISO /BRC / IFS /FSSC et cetera. Comparing the old days of 80’s this is important a big improvement. But mostly done to give assurance to the buyers. This is why it has been misguidingly named as "Quality Assurance". But its starting point is not giving only assurance for the product offered to public but to increase the performance of the production, reduce the complaints and eventually much better management of the company.
But regretfully the existing staff is taking the audits such as passing an exam at the university SAT or TOEFL .Sugar the pill become their task. Re-painting everywhere, hiding the ugly things , issuing imaginary documents with beautiful signs and stamps.
Consultants are just giving practical advises to get rid of non-conformances to the standards.
Quality Managers and Auditors are wrist wrestling. Both are trying to show they knowledge the standards and their implementation in the industry.
Kaizen method is a good practice in fact but mostly disdained. Quality standards just showing you a path to pursue based on past performances of various procecutions in various companies. But must not be accepted like faith.
Truths of today are changing within time. Hence the GOAL must not be forgetten while practicing the quality standards.
Companies are to make money.
Hippocrat has said to the doctors "PRIMUM NON NOCERE" which means first do not harm.
For any action taken by quality managers must be questioning themselves :
"Does this new implementation is helping to improve the quality while making more money to the company or not ? Producing a marvelous quality product while ruining the company is not worthwhile. This will just help for a a soon lay offs.
Avram Aji
10.05.2018
But regretfully the existing staff is taking the audits such as passing an exam at the university SAT or TOEFL .Sugar the pill become their task. Re-painting everywhere, hiding the ugly things , issuing imaginary documents with beautiful signs and stamps.
Consultants are just giving practical advises to get rid of non-conformances to the standards.
Quality Managers and Auditors are wrist wrestling. Both are trying to show they knowledge the standards and their implementation in the industry.
Kaizen method is a good practice in fact but mostly disdained. Quality standards just showing you a path to pursue based on past performances of various procecutions in various companies. But must not be accepted like faith.
Truths of today are changing within time. Hence the GOAL must not be forgetten while practicing the quality standards.
Companies are to make money.
Hippocrat has said to the doctors "PRIMUM NON NOCERE" which means first do not harm.
For any action taken by quality managers must be questioning themselves :
"Does this new implementation is helping to improve the quality while making more money to the company or not ? Producing a marvelous quality product while ruining the company is not worthwhile. This will just help for a a soon lay offs.
Avram Aji
10.05.2018
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