Core Insights - New research indicates that Uber's quality control mechanisms have made drivers in Chicago as safe and reliable as traditional taxi drivers, suggesting a need for regulators to consider new quality-control measures [1][3][16] Company Practices - Uber employs a system of ratings and notifications to hold drivers accountable, which includes sending alerts for low ratings and providing resources for improvement [2][5] - The company conducts basic checks on criminal history and driving records for new drivers, but does not require extensive training like traditional taxi drivers [4][14] Research Findings - A study analyzed approximately 6.9 million UberX rides in Chicago, revealing that drivers improved their performance significantly after receiving notifications about low ratings [7][10] - The research found that drivers who received detailed feedback on their driving behavior showed greater improvement compared to those who did not [12][11] - UberX drivers outperformed traditional taxi drivers in metrics such as speeding and sudden braking, while taxi drivers were better at minimizing phone usage and taking quicker routes [15][16] Implications for the Industry - The findings challenge the conventional wisdom that experience and training lead to better service quality, suggesting that after-the-fact quality controls could replace burdensome screening processes in some industries [16][17] - The research indicates a potential shift towards removing barriers to entry in professions while maintaining service quality, which could lead to lower prices and fewer safety downsides [17]

GE Aerospace beating second quarter uh estimates on the top and bottom lines. And Philo joins us now with the guy we were just talking about, CEO Larry Culp. Hey Phil. Hey Joe.Larry, thank you for joining us on a big day not only for reporting Q2 results, beating on the top and the bottom line, but also investor day starting in about a half an hour. I want to talk about Q2. Much better than last year, much better than Q1.What's driving that. Well, Phil, thanks for coming to Evenenddale, Ohio. We're uh thril ...

Core Idea - The traditional view of work as time spent should be redefined to focus on value created through collaboration and orchestration [3][4][6] - Businesses should shift from individual execution to orchestrating talent and resources to create value [2][4][8] - The "Manny framework" emphasizes managing collaborative talent, embracing orchestration, and identifying who can best perform specific tasks [8][9] Key Strategies - Implement systems to scale impact and improve efficiency, enabling one person to do the work of multiple people [10][11] - Build collaborative networks to find, vet, and nurture talent partnerships globally [17] - Navigate quality through processes, such as templates and checklists, to ensure consistent outcomes across the team [12][13] Benefits of Orchestration - Orchestration provides freedom and income for the orchestrator, projects based on talent for collaborators, and better outcomes for clients [13][14] - It allows for the creation of a world-class team regardless of geographical limitations [5][6][7] - It enables individuals to move beyond trading time for money and scale value infinitely [6][16] Mindset Shift - Transition from being a "doer" to a "director," similar to a film director who hires specialists [9][10] - Focus on the value that can be orchestrated, not just the value that can be executed [16] - Challenge the traditional approach to work and embrace the possibilities of a collaboration economy [17][18]

In engineering, the Taguchi method of quality control focuses on design and development to create efficient, reliable products. https://t.co/56NyoNSv0K ...