|

Power


Monthly Issue | July 1, 2011

The Fallacy of Energy Independence

In the U.S., Independence Day is upon us, a celebration of the nation's decision to sever its ties with its colonial emperor, Great Britain. The rest, as the cliché has…


TREND: Nuclear Power in the Shadow of Fukushima

Both the 1979 Three Mile Island accident and the Chernobyl catastrophe prompted worldwide retreats away from nuclear electric generating technologies. Despite brave rhetoric from nuclear supporters around the world—including Electricité…


The Power of the Stealth Hacker

"When I wake up in the morning, I'm surprised I have power." That's what Mike Guthrie, senior information security engineer for Chickasaw Nation Industries (CNI), said at a late April…


FERC Offers Guidance on NERC Penalty Notices

The Federal Energy Regulatory Commission (FERC) recently provided important guidance to the North American Electric Reliability Corp. (NERC), "Regional Entities" (the NERC reliability councils), and the industry on how it…


Suits, Not Suites, Determine Firm Performance

Let's hear it for "the suits." That's the phrase Wharton School management professor Ethan Mollick applies to the phalanx of middle managers who populate an important ecological niche in our…


Writing an Employee Handbook Your Employees Will Read, and Heed, Part 2

In Part 1 of this article we looked at some of the important points to keep in mind when writing an employee handbook. This concluding section covers 10 of the…


IFS Study: ERP Too Complicated and Inflexible for the Electric Power Industry

The fact that enterprise resource planning (ERP) software can be confusing and difficult to use should come as no surprise to executives who rely on this type of software to…


Planning for a Major Trading Counterparty Bankruptcy

Central banks in the past 18 months have injected a flood of money into financial markets. This liquidity in the system has allowed many marginal companies to issue bonds and…


Five Reasons Why Leaders Need a Closed Door Policy

Let's start with a short thinking exercise . . . Think of every new leader speech you have ever heard. They will all include, "I have an open door policy."…


How to Fix a Hiring Mistake

Have you ever made a hiring mistake? The candidate looked brilliant on paper. He blew everyone away in the interviews. He was local, so there was no relocation cost involved.…


We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.