Hank Kolb

Supply chain:

(So I lied, I wasn't going to post the powerpoint today, since it was supply chain and finance today, I'll put it up tomorrow when there is OB.)

Today we spoke mostly of what we thought of the Hank Kolb case and if we would have fired Wayne or not. I said that he was just doing what he was told to do and that quality wasn't a big deal from the company. Well in actuality, they did fire him, so if you take the poll, fire his sorry bottom and make him an example. I think for firing him, they did do a good job. They canned him and then called a company meeting right away to talk about quality. Here are the notes we took on the board about the case, if you are interested. There were only a few in our class that would have fired him.
We also went over some ways to chart problems. The Ishikawa (or fish) diagram helps us do that by asking 5 why's. Here are some pics of our diagrams and the four (M's) major contributors: Man, Machine, Method, Material. I hope you enjoy the pics for these.

Finance:
Today we talked more on personal finance and how we should invest. It was such a quick explanation, I think we were more confused than anything. I would love to take the full classes on this sometime. I doubt I will have the time to fit it into my schedules. Oh well.

That was about as much as I got out of class for today. If you got more, please comment.