Medical Costs
Interesting article on the blog of my friend John Hunter at Curious Cat Management here.
The Funnel Experiment
Each of the rules of the funnel have been simulated and charted. The charts are shown below. Rule 1. Exhibits the classic picture of a statistically stable process. It is predictable within limits and, unless the system changes or is changed, is likely to keep on this way. Rule 2. Shows the beginnings of a zig [...]
Adjustment or Tampering? Watch out!
There may be a world where there is no variation, but that it is not the one we live in. In our world everything is varying all the time. Heraclitus a coule of hundred years BC made the observation that one cannot touch the same thing twice. A quote often attributed to him is, “You [...]
The Three Legged Stool
At the end of the day, what the customer wants is value. I define value as the combination of and interaction between quality and cost (price). Everyone knows that they can buy a really high quality performance automobile or very well tailored and durable clothing, but few can afford it. Conversely, everyone in the market [...]
