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Category Archives: Data
Statistical Learning as the Ultimate Agile Development Tool by Peter Norvig
Interesting lecture on Statistical Learning as the Ultimate Agile Development Tool by Peter Norvig. The webcast is likely to be of interest to a fairly small segment of readers of this blog. But for geeks it may be interesting. He … Continue reading
Posted in Data, Software Development, Statistics
Tagged complexity, Google, IT, lecture, Software Development, Statistics, webcast
1 Comment
Communicating with the Visual Display of Data
Anscombe’s quartet: all four sets are identical when examined statistically, but vary considerably when graphed. Image via Wikipedia. ___________________ Anscombe’s quartet comprises four datasets that have identical simple statistical properties, yet are revealed to be very different when inspected graphically. … Continue reading
Posted in Data, Quality tools, Statistics
Tagged communication, Data, Statistics, visual communication, visual management
1 Comment
Blame the Road – Not the Person
The system is responsible for 90, 92, 94, 97% of problems – W. Edwards Deming. Fix the system, don’t blame the people. When you seek system fixes you approach situations differently than if you search for people to blame. By … Continue reading
Posted in Creativity, Data, Deming, Economics, Health care, Management, Systems thinking
Tagged Creativity, Deming, Economics, Health care, health care system, Innovation, Systems thinking
5 Comments
YouTube Uses Multivariate Experiment To Improve Sign-ups 15%
Google does a great job of using statistical and engineering principles to improve. It is amazing how slow we are to adopt new ideas but because we are it provides big advantages to companies like Google that use concepts like … Continue reading
Posted in Customer focus, Data, Design of Experiments, Google, IT, Management, Process improvement, Quality tools, quote, Science, Software Development, Statistics
Tagged curiouscat, Customer focus, Data, Design of Experiments, experiments, Google, Innovation, internet, management, Science, Software Development, Statistics
2 Comments
Don’t Hide Problems in Computers
Making things visible is a key to effective management. And data in computers can be easy to ignore. Don’t forget to make data visible. Paul Levy, CEO of Beth Israel Deaconess Medical Center in Boston recently hosted Hideshi Yokoi, president … Continue reading
CEO’s Castles and Company Performance
Where are the Shareholders’ Mansions? CEOs’ Home Purchases, Stock Sales, and Subsequent Company Performance by Crocker H. Liu, Arizona State University and David Yermack, New York University – Stern School of Business We study real estate purchases by major company … Continue reading
Posted in Data, Economics
Tagged executive pay, leadership, management research, overpaid executives, research
3 Comments
When Performance-related Pay Backfires
When Economic Incentives Backfire by Samuel Bowles, Sante Fe Institute Dozens of recent experiments show that rewarding self-interest with Economic incentives can backfire when they undermine what Adam Smith called “the moral sentiments.” Punished by Rewards, by Alfie Kohn, is … Continue reading
Google’s Innovative Use of Economics
Secret of Googlenomics: Data-Fueled Recipe Brews Profitability Google depends on economic principles to hone what has become the search engine of choice for more than 60 percent of all Internet surfers, and the company uses auction theory to grease the … Continue reading
Posted in Creativity, Data, Economics, Google
Tagged Data, Google, Innovation
Comments Off on Google’s Innovative Use of Economics
Revealed Preference
Revealed Preference: the preference consumers display by their action, in contrast to what they may say they prefer. While surveys may be useful people often say they will do one thing and actually when given the choice to do so, … Continue reading
Posted in Data, Deming, Management, Psychology, Statistics
Tagged Customer focus, Data, Psychology, Statistics
1 Comment
Why Setting Goals can Backfire
Dr. Deming long ago stated in his 14 obligations of management: “Eliminate numerical goals, numerical quotas and management by objectives.” I think he was right then, and is right now. A goal can help set the scope of the effort. … Continue reading
Posted in Data, Deming, Management, Process improvement, Psychology, Systems thinking
Tagged Deming, Process improvement, Psychology, Systems thinking, targets
2 Comments
