The following simulation is based on a presentation that I attended in the 1990s. I was an investment junkie back then. I sat down, and I listening to people speak about their ideas on making money - on television and sometimes live. The presenter in this case was trying to explain that investment success is sometimes a matter of chance. He had people in the audience stand up. He asked them to guess heads or tails. Those that were correct continued to the next round - to guess again -…
ContinueAdded by Don Philip Faithful on March 31, 2018 at 11:00am — 2 Comments
I am sometimes asked whether I am working on the stats, whether I am making progress on the stats, and what I do with all of the stats. People are also prone to hyperbole. I am told that I sure work on a lot of stats, I am always keeping myself busy doing stats, and I am the person to go to for stats. I suppose my real job is more mysterious than the one others imagine that I do. I first want to explain that for everyday people, the term “stats” or “statistics” often means historical…
ContinueAdded by Don Philip Faithful on March 11, 2017 at 10:00am — No Comments
I recall somebody mentioning that the former definition for insanity is doing an action repeatedly while expecting different results. Among the interests that I have in organizations is how at times many organizations make the same mistakes; or how sometimes the same mistake might be made by a particular organization repetitively. So it is fascinating indeed when an airline facing an ice storm encounters much the same complaints from customers after a similar storm the previous year. I…
ContinueAdded by Don Philip Faithful on February 11, 2017 at 9:42am — No Comments
Many years ago, I attended a vocational college to learn skilled trade. I was taught about the behaviour of systems. I learned that after renovations to a house, the furnace might cycle on and off more frequently; this can leave some parts of the house too cold. A wood-burning stove or fireplace should be treated as a part of a system. Open doors and windows in the dwelling can cause exhaust from such appliances to enter living spaces. I realize that these particular examples of systems…
ContinueAdded by Don Philip Faithful on August 16, 2014 at 8:31am — No Comments
In this blog, I will explain how an approach to handle small amounts data can be reconstructed to handle much larger amounts. This reconstruction is the product of an anomalous perspective or mutation relating to the attribution of performance.
Fig. 1 - 6-fingered handprint spotted near my truck
Many businesses share certain common features.…
ContinueAdded by Don Philip Faithful on August 1, 2014 at 6:21am — No Comments
Somebody once mentioned to me that there is a need for a standard method of performance evaluation that can be applied to all employees regardless of their exact duties: e.g. to compare a janitor to an accountant. In my jurisdiction, there is a regulatory requirement for "equal pay for work of equal value" that can affect companies with government contracts. I consider the concept of "equal value" complicated due to its subjective nature. Certainly two people handling exactly the same work…
ContinueAdded by Don Philip Faithful on July 5, 2014 at 7:31am — No Comments
I tend to examine the different roles played by data. For instance, when I work on computer code, I often ask myself what the presence of data is meant to accomplish. Sometimes the analysis is not at all straightforward or simple. In society and organizations, people exist and persist in the records as data. The data survives even as employees come and go. I therefore consider it important to regard the data and its environment as a system in itself, something that has a life all of its own.…
ContinueAdded by Don Philip Faithful on May 3, 2014 at 6:30am — No Comments
Embodiment is comparable to the idea of an “ecosystemic” or “holistic” approach. In an ecosystem, each thing affects everything else. In light of the interrelationship, a person would not attempt to correct a problem by considering only a single piece of the puzzle. Instead, there is a need to bring together many aspects of the body. To understand embodiment, it is necessary to recognize how “the body” separates an organism from its environment; in a manner of speaking, the body represents…
ContinueAdded by Don Philip Faithful on April 19, 2014 at 7:30am — No Comments
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