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Don Philip Faithful's Blog Posts Tagged 'algorithmic' (7)

Reconciling Opposing Performance Metrics Using Operational Simulations

Sometimes when dealing with performance metrics, there are contradictory signals.  For instance, although both are desirable, it is common for efficiency and efficacy to be in opposition.  An agent in a call centre can handle lots of calls while at the same time getting few sales; this is especially true if the agent’s main objective is to do lots of calls.  This is a highly efficient person albeit unsuccessful in terms of expanding the business.  Conversely, another agent by spending a…

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Added by Don Philip Faithful on May 6, 2018 at 3:30am — No Comments

Operational Data and Social Justice

I spotted an interesting book in my local library recently:  The Final Report of the Truth and Reconciliation Commission of Canada [1].  I thought to myself, our government spent considerable resources on this commission.  I should at least browse through the final report.  I flipped through the first few pages.  I found a note saying that the contents are public domain.  In this blog, I reproduce some of the contents of the report to create a setting for my discussion on operational data. …

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Added by Don Philip Faithful on August 6, 2017 at 5:00am — No Comments

Science of the Body - Different Kind of Risk Reward Analysis

I was wondering how to approach this blog when I decided to toast some raisin-bread for breakfast.  Shortly after I started eating it, I began coughing.  I have shared this “type” of story with a few people.  I often continue eating something regardless of my exact circumstances - that is to say, oblivious to the consequences.  As I ate more of the raisin-bread and my coughing worsened, I eventually reached for my inhaler.  (I have been diagnosed with borderline asthma now by two doctors.) …

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Added by Don Philip Faithful on May 13, 2017 at 8:00am — No Comments

Differential Spectrum - the Articulated Event Horizon

I periodically use charts containing a crosswave “differential spectrum” or “event horizon.”  In this blog, I will explain the nature of the spectrum and the relevance of any apparent bias.

I once mentioned purchasing a machine designed to monitor and reduce sleep apnea.  Sleep apnea is when a person stops breathing while sleeping.  During a sleep study, I was found to have moderate sleep apnea.  Apart from its medical implications, sleep apnea is also a metric.  The machine…

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Added by Don Philip Faithful on January 28, 2017 at 10:27am — 2 Comments

Gaining the Context from the Deconstruction of Metrics

I find myself habitually using the term "metrics." When I first started blogging, I normally used this term only in reference to performance metrics. These are not ordinary "readings" but rather criteria-driven amounts - the criteria being performance. Over the years I have come to recognize that data-gathering is normally premised on some type of criteria. When compiling revenue data, it should be noted that analysts are seeking out data pertaining to revenues. The quest is predefined. The…

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Added by Don Philip Faithful on January 7, 2017 at 7:02am — No Comments

Value-Liquidity Cycle

I made a recent discovery that I would like to share with the community. In my previous blog, I introduced a special algorithmic shell that distributes stocks based on their price movements (along the x-axis) and volume movements (y-axis). Using this shell, it is possible to visualize the trading behaviours of dozens of stocks simultaneously. I noticed one day that the stocks seemed to be lining up in formation. I decided to test the accuracy of my visual interpretation. Below I present the…

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Added by Don Philip Faithful on March 22, 2015 at 5:22am — No Comments

Standardized Performance Friendly to Big Data

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…

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Added by Don Philip Faithful on July 5, 2014 at 7:31am — No Comments

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