Bullwhip Effect in Education

Posted in operations management, social sciences by Francisco Marco-Serrano @ Feb 2, 2010

 

Very recently we were able to read about how the economic recovery (not in Spain though! ) was amplifying the increase in the inventories all along the value chain: the bullwhip effect.

As during the last quarter I’ve been thinking and discussing about the educational value chain (from primary school to continuous education after graduation, mainly at work), I’ve found this bullwhip effect can be in place too. We have to take into account that as part of the educational value chain, we professors are part of the machinery that converts students with X competences, skills and knowledge into students with Y competences, skills and knowledge, where Y > X (I hope!). Is this process totally optimised. Our guess is NO!; (1) we need to analyse how the transformation process is developed, to set goals and effectiveness and efficiency indexes be calculated to allow optimisation of every phase, and (2) coordinate the various phases of the educational life in order to optimise the whole chain.

Overqualification?: that’s what I would call the ‘educational bullwhip effect’, and one of the answers would be it is due to lack of the coordination (above #2).

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2010, not 2012 [insert scary face here]

Posted in K|P|K, me by Francisco Marco-Serrano @ Dec 31, 2009

 

This year we’re leaving (or, rephrasing, that is leaving us) is more than a dying year, is the end of a decade. Actually, I’d say is not dying but ‘leaving to a better life’. Last century we had to wait until 1929 to fall to our knees; hell awaits!, we managed to start it in 2007 during the 21st century. Even worse, while the rest of the World is awaking, we here at Spain are still walking through the desert, and 2010 will still be low income, high unemployment, high public debt, companies going bankrupt, and the lot. Probably 2012 will not be  the Mayan apocalypsis but the New Age’s inflection point.

As per my life, this decade has been awesome: I took my MA Economics, got married, went to work to UK and Brazil, returned to Spain, started my own practice, and re-started lecturing at University. OR anywhere?: Of Course!; that decade is when I joined INFORMS, not to mention all the statistics and applied maths courses I had to take, but all the soft-OR I played with during my role as an executive while abroad, all the scheduling skills for co-organising the wedding (PS I’d like to thank my old mobile phone for its unquestionable support  ), and the applied knowledge to my activities at K|P|K’s assignments (my practice), mixing statistics, business administration and HR skills, and web-apps. I’m not very happy with the intensity, though; that’s why I’m planning to enforce an OR-must policy in my activities for next year. This means I’ll be looking for assignments that allow me to in one way or another, enjoy myself [while making money]; besides, I’m already planning for 3 different projects, already started, that make use of OR:

[1] Consultant at Mentoring Success Group Consultants Network; Tom Tubergen has developed a tool to analyse and help companies improve their strategic success factors. BPAE(c) ’s methodology is based on an artificial intelligence development.

[2] DopplERP; this is an internal project. It’s based on opensource managerial applications, being the added value the linkages and BPM ‘behind the scenes’. The aim is to offer a managerial tool to help improve operational and tactical decisions within a company.

[3] spheRate; our last internal project. It’s aim is to help individuals to improve in their personal and professional life. We like to call it, a self-coaching tool.

 

Happy 2K+10!!!

 

PS By the way, did you know this blog has been included in the ‘Operations Research’ section at Alltop? (I’ve just found out today!, that’s great).

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What’s the DopplERP plan?

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Posted in business, computing, operations management by Francisco Marco-Serrano @ Nov 14, 2009

 

Since I decided years ago (around 2003) that I needed to be active to improve my knowledge on Operations Research I’ve tried to look at the real life as an inspiration; that’s how in 2005 ‘FM Waves’ was born, as a notepad for my thoughts.

Then, it’s when I took my courses on Operations Management, that came to add up to the experience I was gaining acting as the General Manager of a small UK SME. Around those years my thoughts about OR, operations management, and real life started boiling on my head. OR had loads to give back to society and enterprise, but real life doesn’t speak maths, statistics, algorithms, systems, or computing; OR needed to be applied in the dark…

DopplERP is my answer, an ERP that will run OR-based engines that will operate on the backend and will interact with the users by means of wizards and tooltips in order to give the best answers possible to every business situation (even if we talk second best chances, here). Handicap?, make it competitively enough so any SME can access the technology, and easy enough to operate so later on could be adapted to run your home as a company (but this last idea is for 2020 Strategic Plan).

 

I hope I’ve been clear enough! I’m always bad with elevator speeches.

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