The Economy and the OS Phase
The financial markets have hit the OS Phase and it’s so frustrating that there is so little we can do about it. It’s like watching a movie and feeling helpless.
Waiting for the next shoe to drop is quickly becoming our daily past time. Listening to the news headlines each day is painful. This is the reality.
The questions that will remain for a long time are, “How did this collapse happen?” and “How can it be avoided in the future?” There is a lot of speculation and finger pointing, but the answers are still uncertain.
Without those answers, it’s hard to feel confident about any bailout plan since it’s not real clear what the deliverables are …. and as far as objectives, there are none that are presented to the public.
We’ve hired a project manager for ½ billion dollars who is now being questioned. What are their deliverables? What are the objectives? What is their scope?
We all know how pointless an estimate is if we don’t know the scope of what we’re doing.
There are estimates already that the total bailout will cost in the trillions (typical governmental factor of 3 versus original estimates). It’s time for an accounting. In 2 weeks time though, the Big 3 raised their estimate 33%. The increase resulted from them actually looking at some of the details. If they had taken 4 weeks to come up with an estimate, imagine what it might have been.
We’ve hit the OS Phase as a country and it will take everyone to fix the problem.
We just need to know where we can help.
Tags: bailout, Economy, Organizational Management, OS Phase, Project Management, The Financial OS Phase