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Tag Archives: Data
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
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
Managing to Test Result Instead of Customer Value
Computer hardware and software creators use benchmarks as one tool to compare the performance of alternative products. At times this can be very useful. You can learn what software of hardware is faster and that may be a very valuable … Continue reading
Posted in Creativity, IT, Management, Software Development, Systems thinking
Tagged Creativity, Data, programming, Software Development, Systems thinking, targets
7 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
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
Red Bead Experiment Webcast
Dr. Deming used the red bead experiment to present a view into management practices and his management philosophy. The experiment provides insight into all four aspects of Dr. Deming’s management system: understanding variation, understanding psychology, systems thinking and the theory … Continue reading
Posted in Data, Deming, Education, Management, Performance Appraisal, Psychology, quote, Respect, webcast
Tagged control chart, Data, Deming, Fun, management, management experts, Performance Appraisal, Psychology, Quality tools, training, variation, webcast
3 Comments
How to Create a Control Chart for Seasonal or Trending Data
Lynda Finn, President of Statistical Insight, has written an article on how to create a control chart for seasonal or trending data (where there is an underlying structural variation in the data). Essentially you need to account for the structural … Continue reading
Posted in Data, Deming, Management, Process improvement, Quality tools, Science, Statistics
Tagged Data, Deming, Process improvement, Quality tools, SPC, Statistics, variation
3 Comments
Harvard’s Masters of the Apocalypse
This article makes some good points, even if it is a bit sensationalist, and intentionally so: Harvard’s masters of the apocalypse by Philip Delves Broughton Business schools have shown a remarkable ability to miss the economic catastrophes unfolding before their … Continue reading →