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October 2015

Design

Design can be a loaded word with many connotations. But if you think about how something works in its context, the last 5% of improvement can make all the difference in the final result.

The $50 Million Agency Problem

If you haven’t already heard; Volkswagen are emission cheats. (Full story here)

When I heard the story my first thought was: agency problem – employees are acting in their own best interest. Why? The now ex CEO, Martin Winterkorn, says he knew nothing but I think this is unlikely.