Done-in by popular wisdom
When just-in-time becomes just-too-late
I used to work in the corporate offices of a major fashion mailorder retailer. One of the most important things in that industry is to make sure that you manufacture enough product to meet demand, but not so much that you’ll have tons left to liquidate later. If you’re designing an item [...]
Calder to Japan: Hurry up and Wait?
A lesson in ineffective diplomacy
Today’s Wall Street Journal article, “Rise of a New Era in Japan,” carries this most vexing and perplexing quote from well-regarded Asia scholar (and former special adviser to the U.S. Ambassador to Japan) Kent Calder:
It is crucial to wait and see right now. I’d say at least until the upper-house elections [...]