The Curse of Kelvin
“The mental health effects of any given disaster are related to the intensity of the exposure of the event. Sustaining personal injury and experiencing the injury or death of a loved one in the disaster are particularly potent predictors of psychological impairment.” The research paper from which the above quote was taken was published shortly [...]
Rare events
A lecture announcement from the Department of Mathematics and Statistics at Dalhousie University said that “this year our Distinguished Speaker is Professor Srinivasa Varadhan,” who will give a talk on RARE EVENTS on October 11. The abstract of the talk says that “we often have to make a quantitative assessment how rare event (sic) really [...]
Dillusions of importance
Economist Fredrich Hayek, in his 1972 Nobel lecture, criticised what he called the “scientistic” approach to economics. His criticism applies today to those who over-emphasize the importance of measurement in management. He said: Unlike the position that exists in the physical sciences, in economics and other disciplines that deal with essentially complex phenomena, the aspects [...]
How business measurement clichés mislead
You get what you measure What you measure is what you get If you don’t measure it, you can’t manage it Tell me how I’m going to be measured and I’ll tell you how I’ll perform You cannot improve what you can’t measure Garbage in, garbage out If you don’t measure it, it’s just a [...]
How do you measure the performance of a business book?
Today* stores start selling our book—misLeading Indicators: How to Reliably Measure your Business. It has been a while coming. It’s natural for us as authors to wonder how it will “perform”. Many of our acquaintances wonder too, and ask us how we expect it to perform. Their indicators are usually sales or royalties. Those are [...]
You can manage many things without measuring them
There is a common saying that “if you can’t measure it you can’t manage it.” Many people mistakenly think the reverse is true, that if they can measure it, or something they call “it,” they can manage it. What they ignore is an old lesson from some of the greatest scientists—just because you can obtain [...]
Buy Your Copy
On sale Feb 29, 2012
Price $48
(In stock now). (In stock now)Order ebooks 1-800-368-6868 (7am to 430pm PST, Mon-Fri) or 805-968-1911 ext 312
Buy Amazon US
In stock.
Buy Amazon Canada
In stock
Read the first two chapters: Click here.
Tag Cloud
advsertising background information cancer compliance cooking data credit rating customer service dashboard debt doping earnings economic activity election errors fashion industry fraud gas pump GDP gold government statistics happiness hurricane investing in measurement investment jobs key performance indicator leading indicator medical studies mineral resources Olympics on-line poverty probability radar randomization risk Romney safety science silver statistical process control stock market unemployment US Election website trafficArchives
- April 2013 (1)
- March 2013 (1)
- February 2013 (2)
- January 2013 (2)
- December 2012 (2)
- November 2012 (1)
- October 2012 (2)
- September 2012 (2)
- August 2012 (3)
- July 2012 (2)
- June 2012 (2)
- May 2012 (2)
- April 2012 (2)
- March 2012 (1)
- February 2012 (2)
- January 2012 (2)
- December 2011 (3)
- November 2011 (2)
- October 2011 (2)
- September 2011 (3)
- August 2011 (1)
- July 2011 (1)
- June 2011 (2)
- May 2011 (2)
- April 2011 (2)
- March 2011 (3)
- February 2011 (2)
- January 2011 (3)
- December 2010 (2)
- November 2010 (3)
- October 2010 (3)
- September 2010 (4)
- August 2010 (9)
- July 2010 (3)