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Category Archives: Data
Warren Buffett’s 2010 Letter to Shareholders
Warren Buffett has published his always excellent annual shareholder letter. His letters, provide excellent investing insight and good management ideas. Yearly figures, it should be noted, are neither to be ignored nor viewed as all-important. The pace of the earth’s … Continue reading
Posted in Data, Investing, Management
Tagged evidence based management, Investing, management, Psychology, Systems thinking, Warren Buffett
1 Comment
Actionable Metrics
Metrics are valuable when they are actionable. Think about what will be done if certain results are shown by the data. If you can’t think of actions you would take, it may be that metric is not worth tracking. Metrics … Continue reading
Posted in Data, Deming, Management, Statistics
Tagged curiouscat, Data, Deming, evidence based management, management, Statistics, tips
4 Comments
Incentivizing Behavior Doesn’t Improve Results
In the webcast Dan Pink’s shares research results exploring human motivation and ideas on how to manage organization given the scientific research on motivation. “once a task called for even rudimentary cognitive skill a larger reward led to poorer performance” … Continue reading
Posted in Creativity, Data, Deming, Management, Psychology, quote, Respect, Science
Tagged extrinsic motivation, management research, management webcast, managing people, motivation, Psychology, purpose
3 Comments
Taxes per Person by Country
I think that the idea that data lies is false, and that such a notion is commonly held a sign of lazy intellect. You can present data in different ways to focus on different aspects of a system. And you … Continue reading
Prophet Unheard: Dr. W. Edwards Deming – 1992
[embedded webcast links removed because they have been removed from YouTube. To see video with W. Edwards Deming see the Deming Institute YouTube channel.] This is an interesting video on Deming and American management (by the BBC in 1992): Prophet … Continue reading
Posted in Data, Deming, Management, Manufacturing, Quality tools, Respect
Tagged Data, Deming, Japan, Management, management history, managing people, Quality tools, respect for people
1 Comment
The Biggest Manufacturing Countries in 2008 with Historical Data
Once again the USA was the leading country in manufacturing for 2008. And once again China grew their manufacturing output amazingly. In a change with recent trends Japan grew output significantly. Of course, the 2009 data is going to show … Continue reading
Posted in Data, Economics, Manufacturing
Tagged charts, curiouscat, Data, economic data, Economics, John Hunter, Manufacturing, quote
5 Comments
Highlights from Recent George Box Speech
The JMP blog has posted some highlights from George Box’s presentation at Discovery 2009 [the broken link was removed] Infusing his entire presentation with humor and fascinating tales of his memories, Box focused on sequential design of experiments. He attributed … Continue reading
Posted in Data, Design of Experiments, Six sigma, Statistics
Tagged Bill Hunter, Data, Design of Experiments, Fun, George Box, John Hunter, Madison, Six sigma, Statistics
6 Comments
Deming: There is No True Value
There is no true value of anything: data has meaning based on the operational definition used to calculate the data. Walter Shewhart’s Statistical Method from the Viewpoint of Quality Control, forward by W. Edwards Deming: There is no true value … Continue reading
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
