Archive for January, 1994

Book Review: Maverick!

Posted in 02 - People & Culture, Book Review, CEO's Philosophy on January 1st, 1994 by Paul McArdle – 5 Comments

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I was initially bought (or was given?) a copy of this book back in 1994-1995, when I was working back at Stanwell Power Station (in the last days of the QEC).

The reason I had the book back then was that it was aligned with some of the principles being trialled/implemented at Stanwell station at the time.

I read it back then, and have not since, but some main points still stick out for me… read more »

Value Engineering (Value Management) Studies

Posted in 01 - Leadership & Management, CEO's Philosophy, Innovation on January 1st, 1994 by Paul McArdle – 2 Comments

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For a start, I must note that I was never personally involved in any of these specifically-tailored study projects.

Rather, my understanding of them has come primarily from the time I spent at Gladstone Power Station during the sale process in 1994, when I spent a number of months stuck in the Data Room, reviewing documents as part of the Due Diligence process.

My job, during that period, revolved around reviewing pretty much all the documentation held onsite, determining what could, and could not, be released for the bidders to peruse.  As such, I spent many hours pouring over documentation relating to many aspects of the station, and quizzing the 2 senior engineers in the room if I did not understand something.

Any errors in my understanding (of course) are due to my own stupidity, and not due to explanations provided by others… read more »