Author Archives: Edwin Lee

About Edwin Lee

Retired electrical engineer, entrepreneur, and CEO. Co-founder of four companies (2 successful and two other learning experiences), author and speaker, inventor with 23 US Patents. More complete bio at www.elew.com

Lightweight Oil executives produce worthless disaster plans

Posted on June 17, 2010 by Edwin Lee

This week the executives of the other major oil companies (besides BP) presented their oil spill contingency plans to Congress. Several things were immediately evident: the plans were all grossly inadequate and carelessly done, they were all developed by the … Continue reading →

Posted in Business Health, Politics | 6 Comments

Reply to John Napier’s open letter to President Obama defending BP’s Tony Hayward

Posted on June 10, 2010 by Edwin Lee

John Napier Chairman of RSA Group London, England Dear John: Please forgive this open letter, but your letter to President Obama comes across as somewhat prejudicial and personal. Actually, the personal part may be appropriate but the prejudicial part is … Continue reading →

Posted in Business Health, Politics | 2 Comments

Wall Street Executives: unprofitable bureaucrats

Posted on May 27, 2010 by Edwin Lee

Business mythology tells us that leaders of large organizations are particularly talented managers, carefully selected by experts from a pool of exceptional people, and must know things the rest of us don’t just to be able to manage behemoth corporations. … Continue reading →

Posted in Business Health, Politics | 1 Comment

Corporations and corporate executives thrive on lavish welfare

Posted on May 25, 2010 by Edwin Lee

Most of us hold an interesting but fallacious cultural myth about large businesses: management‘s job is solely to maximize the return on investment to the stockholders, as if stockholders are the only ones responsible for the existence and health of … Continue reading →

Posted in Business Health, Politics | 1 Comment

Deregulation Causes Economic Collapse

Posted on April 27, 2010 by Edwin Lee

Marketplaces are to the flow of commerce what highways and intersections are to the flow of traffic. We negotiate with one another in marketplaces to transfer the goods and services of modern life from suppliers to buyers. We negotiate with … Continue reading →

Posted in Business Health, Politics, Sustainable Economies | 2 Comments

How we abuse entitlements and mismanage intrinsic conflicts to cripple our nation. Part 2

Posted on April 13, 2010 by Edwin Lee

“We have met the enemy and he is us.”  (Walt Kelly in Pogo) Managing Intrinsic conflicts Where two or more people are involved in a system, or in a system and its operating environment, there are intrinsic conflicts because individuals … Continue reading →

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