Tag: Metrics
Why Two (or Four) Data Points Aren’t a Trend: Analyzing Olympic...
When analyzing data, it's essential to avoid drawing conclusions from too few data points. This principle is crucial whether you're looking at TV ratings,...
Why Two Data Points Don’t Show Trends: Understanding the Importance of...
Two data points are not a trend. Two-data-point comparisons can be mathematically correct but practically meaningless.
This is true in workplaces and news articles like...
Announcing My Next Book: “Management by Emoji” [April Fool]
Today, April 1st, is a day for BIG announcements. I am pleased to tell you about the logical (if not inevitable) follow-up to my...
Why Start the New Year with Blank Charts?
Charts like this always make me wonder why we throw away the additional context of data from 2016 when we start the 2017 chart.
It's unlikely that January 1st in any given year is the magical creation of a new system or a new process. In other words, January 2017 was likely the same process as December 2016. The annual cutoffs are arbitrary. Sure, people are accustomed to thinking in annual cycles, but is this helpful for improvement?
A Chart is a Picture That’s Worth More Than a Thousand...
I recently saw this article in the Washington Post:
This MLB season, the ball is making everyone batty
Major League Baseball has been trying to reduce...
Ryan McCormack’s Operational Excellence Mixtape: January 21, 2022
Thanks as always to Ryan McCormick for this... there's always so much good reading, listening, and viewing shared here by him!
News, blogs, articles, resources,...
Ryan McCormack’s Operational Excellence Mixtape: January 7, 2022
Thanks as always to Ryan McCormick for this... there's always so much good reading, listening, and viewing shared here by him!
News, blogs, articles, resources,...
Why Samantha Riley Prescribes “Making Data Count” in the NHS England...
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My guest for Episode #413 of the Lean Blog Interviews podcast is Samantha Riley,...
Evolving Lean Metrics: Why Process Behavior Charts Outperform Red-Green Charts
tl;dr summary: This post challenges the traditional use of red-green binary charts in tracking performance and promotes Lean Process Behavior Charts. It emphasizes the...
Zoom Out For The Whole Picture
Mark's note: Today's post is something I asked my friend Brian Buck to write up here. He wrote one previous guest post back in...
The Misleading Use of “YTD” Numbers to Evaluate Performance
In my travels, I see many organizations using Year-to-Date (YTD) numbers to evaluate performance. Some of it is in the context, at this moment,...
Starbucks Risks Getting Burned on the Metrics Rollercoaster
Shout out and hat tip to Dan Markovitz for his excellent blog post:
"WHEN LEADERS TORTURE THEIR EMPLOYEES"
He makes a strong case that displaying three...