misLeading Indicators: How to reliably measure your business

Dead right.

Posted on | December 5, 2011 | No Comments

I snapped this picture at a cross walk in Manhattan near Central Park over the weekend. What does it say? Stop or walk? You could walk and not, technically, be jaywalking.  You stand a good chance of getting smacked by a car though if you do. You’d be technically right. And maybe even dead right.

Misleading indeed, but at least in this case it is easy to tell it is misleading. It is not usually so evident when your indicator is a measured quantity.

Misleading walk signal in New York

Comments

Leave a Reply







  • Buy Your Copy

    On sale Feb 29, 2012

    Price $48

    Buy from Barnes and Noble

    (In stock now).

    Buy from Praeger (Publisher).

    (In stock now)

    Order ebooks 1-800-368-6868 (7am to 430pm PST, Mon-Fri) or 805-968-1911 ext 312

    Order by email


    Buy Amazon US

    Buy from Amazon.com
    In stock.

    Buy Amazon Canada

    Buy from Amazon.ca
    In stock

    Read the first two chapters: Click here.

  • Tag Cloud

    background information bonds cancer census coin flip compliance customer service dashboard debt deflation doping election exception reporting fashion industry fraud gambler's fallacy GDP gold government statistics happiness hurricane inflation investing in measurement Kord Kelvin Lance Armstrong leading indicator media mineral resources Obama Olympics on-line polls probability profit public health quality of life radar randomization Romney safety science silver six sigma statistical process control unmeasurable
  • Archives