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All Blog Posts Tagged 'measurements' (3)

Ecology of Metrics

Although I deal with many different types of metrics, I believe they can be generally classified as follows: 1) time use; 2) alignment; 3) production; 4) performance; 5) service; 6) and market.  In this blog, I will be providing some comments pertaining to each.  Although I have yet to encounter any myself, I am certain that there must be text books on the issue of operational metrics and how to make use of them.  However, I personally developed nearly all of those that I use.  Although I do…

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Added by Don Philip Faithful on May 26, 2018 at 9:00am — No Comments

Technical Boundary Analysis

About a month ago, I posted a blog on “Technical Deconstruction.” I described this as a technique to break down aggregate data to distinguish between its contributing parts: these parts might contain unique characteristics compared to the aggregate.  For instance, I suggested that it can be helpful to break down data by workday - that is to say, maintaining separate data for each day of the week.  I said that the data could be further deconstructed perhaps by time period and employee: the…

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Added by Don Philip Faithful on April 14, 2018 at 8:00am — No Comments

Seduction of Success

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 -…

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Added by Don Philip Faithful on March 31, 2018 at 11:00am — 2 Comments

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