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Read the latest Globond
Newsletter
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TACCI and Globond Hosted
Pre-Gala/Power Dinner Sponsors
Meeting -
Turkish American Chamber of Commerce and
Industry (TACCI) in collaboration with
Globond International hosted a
Pre-Gala/Power Dinner Sponsors Meeting at
The Marmara Manhattan Hotel, October 22,
2009.
Find out more >> |
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Edmundo Nejm, a Brazilian Lawyer Takes a
New Road
This is a two-part story on Edmundo Nejm,
one of Brazil’s most distinguished lawyers,
who is taking a new road in this
international business career.
Find out more >> |
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New Globonder - Domenico Lepore
Globonder
Domenico Lepore is a formidable organizational
scientist, businessperson and visionary on a global
scale. His career began with research in solid-state
physics and evolved into using science-based system
theories to improve business performance and generate
powerful solutions. His transformational methodology can
significantly benefit the growth of Globond’s members
who are current or emerging Tectonic Leaders.
Domenico was born and grew up in one of the
Mediterranean Sea’s most beautiful spots, Salerno,
Italy, where his family has lived for many generations;
he was the first among them to leave the city. He
received an impeccable liberal-bourgeois upbringing
along with a strong formal education. Even with the
little money growing up, because of his father’s death,
he never felt deprived of anything important.
Domenico studied physics, earning the title of dottore
in fisica (Doctor in Physics) from the University of
Salerno. His thesis on quantum metrology resulted in a
device he had developed becoming the Italian National
Voltage Standard. His pursuit of a research program was
motivated by the goal of learning a method of
investigation that would be applicable to areas other
than just the natural world.
Domenico’s outlook on life broadened substantially with
his extensive travels to the UK and the United States.
The irresistible result was an Anglo-Latin emotional and
cultural identity, informed by scientific rigor. In
London he met his wife and future partner, Angela
Montgomery, who he calls the “guiding beacon of my
life”.
In Milan, Domenico joined the Department of Trade and
Industry’s management school to teach small companies
rational management techniques. In the process, he came
across the gigantic contribution to management of two
physicists: first the Theory of Profound Knowledge of W.
Edwards Deming, and then the Theory of Constraints (TOC)
of Eliyahu Goldratt. These approaches confirmed his
intuition regarding the applicability of the scientific
method to business matters.
Domenico founded ILUT, an international management firm
enabling clients to adopt his Decalogue™;
a ten-step management methodology representing the
rigorous integration of the works of Deming and Goldratt
into an algorithm, and combining the systems approach
based on understanding variation with the effectiveness
of managing an organization around its constraint(s). As
a body of knowledge designed for transformational
management, the Decalogue™
qualifies as an exemplary work of applied science –
solid, rigorous and proven. Its purpose is to design and
implement science-based continuous improvement
projects to achieve the goal of an organization. He also
ran a research group to assess mathematical models for
finance, and apply the science of complex systems
to business.
For more than 10 years, Domenico’s Decalogue™
methodology has led to the successful improvement and
turnaround in management and performance at over 30
national and multinational organizations, primarily in
Italy and the United States. Major clients have included
small and medium companies in Italy, Italian
subsidiaries of multinationals such as Yogogawa, Italy,
Federal Mogul, Italy, and multinationals such as Cobo
SRL, Streparava SRL, UCAR and Graftech International.
The applicability and effectiveness of the Decalogue™
has been demonstrated in a variety of fields – including
aluminum, automotive, consumer goods, assembly,
education, government, nursing homes, printing, software
development, and product design. Its implementation has
produced dramatic results: reduced lead times, expanded
production capacity previously unavailable, reduced
inventories, fewer delivery delays, improved quality,
greater access to new markets, and more cash from sales.
On moving to the U.S. in 2006, Domenico became President
of Symmetry Holdings Inc., listed on the Amex Stock
Exchange, and the first Decalogue™
public acquisition company – with the purpose of finding
finance for the acquisition of companies to be managed
by utilizing the full methodology. After making
presentations with a business partner to more than 100
investors, the target of $150 million was achieved. With
the acquisition of Novamerican Steel, Inc., with 22
plants in Canada and the U.S., a major company was
converted to Decalogue™
practices. Novamerican Steel was renamed Barzel
Industries Inc. Barzel became unique as a steel service
center, replacing the previous mentality of hedging and
trading steel with a business model founded on speed and
transparency. Using sophisticated statistical methods
and analytical tools, they drastically reduced inventory
and negotiated unprecedented agreements with mills, thus
accelerating the speed at which they moved metal through
the system, without compromising quality and pricing.
They could therefore replenish materials faster than
competitors and respond more quickly to urgent market
demands.
The global economic crisis failed to affect Barzel’s
operations until early 2009. The massive effort of such
a large-scale transformation took its toll when demand
and the price of steel plunged to a historical low. The
banks refusal to offer a credit line to support the
company through a difficult transition period forced the
company into refinancing, thus creating a new ownership.
The new website
www.intelligentmanagement.ws currently under
construction covers the most recent developments in the
Decalogue approach. Domenico is now working on his
second book that charts the vision and
also the methods, measurements and tools,
i.e. the ‘how to’ of managing businesses in the 21st
century. Quality and Synchronization are
central to the successful management of organizations,
which will increasingly function as integrated
networks if they are to be successful in an ever
more interconnected and interdependent
world. This approach fosters higher intelligence
by connecting three faculties of the intellect:
intuition, understanding and knowledge and thus
enables organizations to generate robust and powerful
solutions and practice.
The 21st century organization calls for a new covenant
between people and their workplace and therefore a
different kind of leadership based not on
creating followers but on enabling people’s
potential. Underpinning such an organization is
an economics founded on the creation of true
wealth. This economics rests on the foundational
assumption that individuals, organizations, large
systems and networks and, ultimately, countries are
vessels for the creation and distribution of
ideas, products and services that allow the human
community to live within its environments more
intelligently, meaningfully and harmoniously.
Domenico’s new book is the natural evolution and
expansion of his first book, Deming and Goldratt:
The Decalogue, co-authored with Oded Cohen, a
leading world expert on the Theory of Constraints, and
published in the U.S. by Goldratt’s publisher North
River Press, 1999. It has been translated into several
languages, designated as suggested reading
by numerous American universities, and quoted often in
academic publications.
Domenico has developed a passionate interest in Jewish
philosophy, an interest sparked by a conversation with
Eli Goldratt on the roots of the Theory of Constraints.
While wary of religious excess, Domenico was open to any
serious study of how the human mind can reach greater
heights. Thanks to a warm connection with Rabbi Aaron
Raskin of Chabad Brooklyn Heights, Domenico began a
systematic study of Chassidus, a
phenomenal body of knowledge with a transformational
message for all mankind. Domenico immediately saw how
this higher form of knowledge could be injected very
practically into day-to-day business strategy and
practice, making business life more rewarding and
meaningful.
In his free time, Domenico’s primary passion has always
been the cinema, both independent and commercial. He has
been keeping a notebook since 1979 containing every film
he has seen, the director, and a grade from 1-10. His
favorite movies include those of Fellini, Wenders,
Truffaut, Tarkovsky, Scorsese, Coppola, Cassavetes, and,
much to his wife’s dismay, Steven Seagal. |