"You show me a successful complex system, and I will show you a system that has evolved through trial and error." ~ Tim Harford TED Talk link: http://www.ted.com/talks/tim_harford Karl Marx died thinking that the first communist revolution would occur in Great Britain, driven by the long hours and unsafe
Tag: metrics
How much of your business performance (profit) is driven by external factors versus internal? A figure of 85% compared to 15% was mentioned at last month’s Manufacturing Analytics Summit, and although I could not find the study mentioned to confirm, it feels about right to me. Certainly more than half,
The third part of my data governance primer series addresses data quality analysis. Don’t even start a data quality analysis until you have completed the first two steps of your root cause analysis: investigate and prioritize any potential causative factors, then start your metadata assessment. Otherwise, you may be misled
You’ve likely played an organized sport at some time in your life - How many different ways were there to keep score? How many different ways were there to determine the winner? Just one – right? It was goals, or runs, or points, or something, but never goals and/or assists,
“Culture eats strategy for breakfast”. If we’ve heard it once we’ve heard it a thousand times. I even wrote one of my early posts on this topic (“When metrics collide”). Consultants, analysts, academics and other thought leaders have examined and questioned its veracity, but still the consensus seems to be that