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All Blog Posts Tagged 'decentralization' (4)

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

The Weak Karate of Six Sigma

Six Sigma is a quantitative approach to problem solving - to solve certain types of problems. At the root of Six Sigma is an improvement methodology that can be described by the acronym DMAIC: define, measure, analyze, improve, and control [1]. Those interested in reading up on Six Sigma might consider the book for dummies, which I found fairly succinct. Those wondering what I mean by "certain types of problems" should consider how to apply the approach to their own business circumstances. I…

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Added by Don Philip Faithful on February 5, 2017 at 7:40am — 4 Comments

The Perfect Cheer

I recall the first time I encountered the idea of "asset allocation" many years ago. As the argument goes, the perfect allocation of assets should lead to the greatest return possible in light of one's risk tolerance. Perhaps thousands of years ago, although I haven't studied this in any detail, somebody had the idea that dancing in just the right way might satisfy the spirits enough to cause it to rain. There is the similar notion of delivering the perfect incantation to invoke supernatural…

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Added by Don Philip Faithful on September 13, 2015 at 6:06am — No Comments

The Algorithmic Man - Epic Battle Against Headless Apparitions

There was a television interview of a man who had to deal with severe breathing problems through much of his adult life.  He underwent various procedures although he found little relief.  In fact, the adverse impact to his body was long-lasting.  So he was surprised to discover how he was extremely allergic to his breakfast cereal, something that he ate almost without fail.  When he stopped eating the cereal, his breathing problems disappeared.  I am sure that many people would regard the…

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Added by Don Philip Faithful on April 27, 2014 at 8:26am — No Comments

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