Whether public or private, the waste is staggering. Veterans Administration problems in healthcare 7, defective car airbags 8, etc. There are many other recent examples to include Department of Defense contractor overspending 2, Boeing 787 Dreamliner aircraft problems 3, fraudulent charities that bilk people of money 4, welfare fraud 5, gross waste of taxpayer money by the Department of Homeland Security 6, the U.S. 1 Numerous federal agencies are now investigating these state exchanges where billions have been spent for no effect and yet we find that there was no federal oversight on state exchanges. Hawaii follows failures by Oregon, Massachusetts, Maryland, Vermont, New Mexico, and Nevada. Another $30 million will be spent to migrate enrollees into the federal system. The site will not operate past this year and has already cost over $205 million. For example, Hawaii’s Obamacare exchange website will soon shut down. When senior leaders fail to ensure proper oversight is in place, failure can be costly. In the military we say inspect what you expect – if you don’t show your interest to the troops by checking on it, they will stop or do a poor job of it. It is not surprising that a lack of oversight by leaders is the main cause failure in organizations. One thing leaders have learned is that when they are not personally involved in checking on how plans are being executed, they risk failure. However, one key thing business people learn quickly is that they must provide close quality control to ensure their work is sound and meets all codes and standards or it will cost them their profit or endanger customers. The simple lack of oversight in construction had allowed a defective product to be sold to the public.įortunately, the defect in my BB gun was not a safety problem or something that cost money to fix. Poor quality control had missed a defect in the spring mechanism. But it didn’t work … at least until my dad fixed it. All my friends had one and my desire led me to hassle my parents until they finally bought me a Daisy Bullseye BB Gun. When I was 10 years old, I wanted a BB gun more than anything in the world.
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