The Taxi It’s fair to say the South African taxi industry isn’t besotted with the Bus Rapid Transport (BRT) system. It’s understandable too. No matter what assurances are provided around newly jobless taxi drivers being placed within BRT, the reality is that a more efficient service with larger vehicles will need fewer drivers. It’s also…
Amongst the stormy seas of markets recently (off the back of a credit and liquidity crunch apparently initiated by ongoing and deepening problems with sub-prime loans in the US and the related CDOs), bobs the grey and bloated bodies of a clichéd failure. Unwavering belief in trends, normal market conditions and trading rules developed out…
Is your organisation one black swan away from disaster? Are you taking hidden risks in the quest for success, and using hope as your only risk management tool? Nassim Taleb’s books should be required reading for life Nassim Taleb is one of my new favourite authors. I’m actually a little slow on the uptake here…
Optimisation is brilliant. It can turn increase profitability, reduce risk, increase output and even turn an non-viable project or factory into a viable one. It can save time, produce less waste and better utilise inputs so that costs are reduced.But it’s difficult, right? That’s why so few people pay real attention to it, why so…
The book, “Freakonomics”, has become something of a pop icon amongst certain groups. The Stevens (well, Steven and Stephen, Levitt and Dubner respectively) cleverly show how economic analysis can shed light on some interesting everyday (and not so everyday) problems and observations. I thoroughly enjoyed it while not agreeing with each and every word. Entertaining,…
