Statistical Thinking

Author: Roger Hoerl
Publisher: John Wiley & Sons
ISBN: 9781118094778
Release Date: 2012-04-24
Genre: Business & Economics

How statistical thinking and methodology can help you make crucial business decisions Straightforward and insightful, Statistical Thinking: Improving Business Performance, Second Edition, prepares you for business leadership by developing your capacity to apply statistical thinking to improve business processes. Unique and compelling, this book shows you how to derive actionable conclusions from data analysis, solve real problems, and improve real processes. Here, you'll discover how to implement statistical thinking and methodology in your work to improve business performance. Explores why statistical thinking is necessary and helpful Provides case studies that illustrate how to integrate several statistical tools into the decision-making process Facilitates and encourages an experiential learning environment to enable you to apply material to actual problems With an in-depth discussion of JMP® software, the new edition of this important book focuses on skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses.

Statistical Thinking

Author: Roger Hoerl
Publisher: John Wiley & Sons
ISBN: 9781118236857
Release Date: 2012-04-09
Genre: Business & Economics

How statistical thinking and methodology can help you make crucial business decisions Straightforward and insightful, Statistical Thinking: Improving Business Performance, Second Edition, prepares you for business leadership by developing your capacity to apply statistical thinking to improve business processes. Unique and compelling, this book shows you how to derive actionable conclusions from data analysis, solve real problems, and improve real processes. Here, you'll discover how to implement statistical thinking and methodology in your work to improve business performance. Explores why statistical thinking is necessary and helpful Provides case studies that illustrate how to integrate several statistical tools into the decision-making process Facilitates and encourages an experiential learning environment to enable you to apply material to actual problems With an in-depth discussion of JMP® software, the new edition of this important book focuses on skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses.

Improving Performance Through Statistical Thinking

Author:
Publisher: ASQ Quality Press
ISBN: 0873894677
Release Date: 2000-01-01
Genre: Business & Economics

Presents a clear and practical explanation of statistical thinking without the typical equations and formulas. This book bridges the gap from concept to application by providing step-by-step guidance on how to get started on problems.

Six Sigma Beyond the Factory Floor

Author: Ronald D. Snee
Publisher: Ft Press
ISBN: 013143988X
Release Date: 2005
Genre: Business & Economics

"This book dispels the myth that Six Sigma is limited to the manufacturing process by providing compelling examples of transactional successes combined with a guide to practical deployment." –Paul J. Norris, Chairman and Chief Executive Officer, W. R. Grace & Co. "Ronald D. Snee and Roger W. Hoerl provide a compelling, fact-based, example-supported argument on the importance of improvement of nonmanufacturing processes within a manufacturing company. This valuable book completes the authors' "trilogy" of books on improving business performance via statistical thinking and Six Sigma, and is a welcome addition to the library of any individual or company engaged in this pursuit of excellence." –Dr. Steven P. Bailey, principal consultant and Master Black Belt, DuPont Engineering, Past President American Society for Quality "As interest in Six Sigma continues to flourish, this book will be of interest to newcomers and veterans alike. Snee and Hoerl address the case for Six Sigma, ensuring successful deployment and project success through a detailed yet easily understood style. Their use of case studies rounds out their assertion that Six Sigma can and should be used to improve performance in all types of businesses, from finance to health care." –Jean Cherry, Executive Vice-President, Commonwealth Health Corporation The first comprehensive, step-by-step Six Sigma implementation guide for nonmanufacturing organizations For finance, health care, retail, logistics/supply chains, R&D, education, nonprofits... every nonmanufacturing organization and function Expert deployment planning strategies, proven execution tactics Statistical methods, tools, and best practices–customized for nonmanufacturing organizations Something for every Six Sigma implementer–from beginners to leaders, champions, green belts, black belts, and master black belts Coauthored by Roger W. Hoerl, a leader in implementing Six Sigma at GE, including in corporate finance Nonmanufacturing organizations are rapidly discovering Six Sigma's immense potential to reduce costs, improve performance, grow revenue, strengthen focus, and empower people. To achieve these results in your organization, start right here. Drawing on new case studies, renowned practitioners Ron Snee and Roger Hoerl cover up-front planning and strategy... team building and executive sponsorship... project execution... methods, statistical tools, and metrics... overcoming obstacles... and much more. Their advice and best practices can guide you through any stage of the process, whether you're just starting out or extending an existing initiative. With their help, scores of world-class enterprises have delivered on the promise of Six Sigma. With this book, you can, too. Dr. Ronald D. Snee is principal in Tunnell Consulting's Performance Excellence Practice, which offers Six Sigma consulting, training, facilitation, and implementation, in addition to other process improvement approaches. Dr. Snee is a winner of the American Society for Quality's highest honor, the Shewhart Medal, and has served as a member of the Malcolm Baldrige National Quality Award Criteria Team. He designed DuPont's first company-wide continuous improvement curriculum. Dr. Roger W. Hoerl is a long-time leader of GE's renowned Six Sigma initiative. As manager of GE's Applied Statistics Lab, he partners on R&D with GE businesses ranging from NBC and GE Capital to GE Aircraft Engines. He has implemented Six Sigma in a wide range of GE processes, ranging from corporate audit to delinquent credit card tracking. He recently won the American Society of Quality's 2002 Brumbaugh Award. Snee and Hoerl are coauthors ofLeading Six Sigma(Financial Times-Prentice Hall, 2003), the best-selling executive's guide to Six Sigma. They also cowroteStatistical Thinking: Improving Business Performance(Duxbury Thomson Learning, 2002), an innovative guide to the strategic use of data and statistics in solving business problems. There are dozens of books on implementing Six Sigma in manufacturing. But what if you're in finance? Or health care? Or e-commerce? Or supply chain management? Or R&D? Or the nonprofit sector? This book focuses on your needs: Six Sigma Beyond the Factory Floor, the start-to-finish Six Sigma guide for the rest of the real economy. Ronald D. Snee and Roger W. Hoerl cover every level of Six Sigma implementation in nonmanufacturing environments: deployment planning and strategy, project execution, methods, statistical tools, and more. Throughout, they illuminate key concepts with case studies from a wide range of businesses and functions. Drawing on their unsurpassed consulting experience, they systematically identify hurdles to success–and best practices for overcoming them. Whatever your Six Sigma goals, this book will help you achieve them faster–with less pain, cost, or risk. Using a proven Six Sigma deployment roadmap for nonmanufacturing organizations Planning strategies, execution tactics, customized methods and tools Leveraging the immense value of Six Sigma in your environment Realistically assessing the benefits of Six Sigma in nonmanufacturing organizations Driving ongoing success: lessons from real-world case studies Best practices for driving project-by-project improvement Aligning the entire organization behind Six Sigma From leadership commitment to team building–and beyond

Statistical Thinking in Sports

Author: Jim Albert
Publisher: CRC Press
ISBN: 1584888695
Release Date: 2007-07-12
Genre: Mathematics

Since the first athletic events found a fan base, sports and statistics have always maintained a tight and at times mythical relationship. As a way to relay the telling of a game's drama and attest to the prodigious powers of the heroes involved, those reporting on the games tallied up the numbers that they believe best described the action and best defined the winning edge. However, they may not have always counted the right numbers. Many of our hallowed beliefs about sports statistics have long been fraught with misnomers. Whether it concerns Scottish football or American baseball, the most revered statistics often have little to do with any winning edge. Covering an international collection of sports, Statistical Thinking in Sports provides an accessible survey of current research in statistics and sports, written by experts from a variety of arenas. Rather than rely on casual observation, they apply the rigorous tools of statistics to re-examine many of those concepts that have gone from belief to fact, based mostly on the repetition of their claims. Leaving assumption behind, these researchers take on a host of tough questions- Is a tennis player only as good as his or her first serve? Is there such a thing as home field advantage? Do concerns over a decline in soccer's competitive balance have any merit? What of momentum-is its staying power any greater than yesterday's win? And what of pressure performers? Are there such creatures or ultimately, does every performer fall back to his or her established normative? Investigating a wide range of international team and individual sports, the book considers the ability to make predictions, define trends, and measure any number of influences. It is full of interesting and useful examples for those teaching introductory statistics. Although the articles are aimed at general readers, the serious researcher in sports statistics will also find the articles of value and highly useful as starting points for further research.

Leading Six Sigma

Author: Ronald D. Snee
Publisher: FT Press
ISBN: 0130084573
Release Date: 2003
Genre: Business & Economics

Leading Six Sigmais the complete guide to leading quality initiatives in your company. Top Six Sigma consultant Ronald Snee and GE quality leader Roger Hoerl demonstrate how to deploy a Six Sigma plan that reflects your unique organization, and key lessons learned from the world's best implementations. Coverage includes every facet of Six Sigma leadership: strategy, goal setting, metrics, training, roles/responsibilities, processes, reporting, rewards, ongoing review, and much more.

Flaws and Fallacies in Statistical Thinking

Author: Stephen K. Campbell
Publisher: Courier Corporation
ISBN: 9780486140513
Release Date: 2012-05-14
Genre: Mathematics

Nontechnical survey helps improve ability to judge statistical evidence and to make better-informed decisions. Discusses common pitfalls: unrealistic estimates, improper comparisons, premature conclusions, and faulty thinking about probability. 1974 edition.

Predictive Business Analytics

Author: Lawrence Maisel
Publisher: John Wiley & Sons
ISBN: 9781118240151
Release Date: 2013-09-26
Genre: Business & Economics

Discover the breakthrough tool your company can use to make winning decisions This forward-thinking book addresses the emergence of predictive business analytics, how it can help redefine the way your organization operates, and many of the misconceptions that impede the adoption of this new management capability. Filled with case examples, Predictive Business Analytics defines ways in which specific industries have applied these techniques and tools and how predictive business analytics can complement other financial applications such as budgeting, forecasting, and performance reporting. Examines how predictive business analytics can help your organization understand its various drivers of performance, their relationship to future outcomes, and improve managerial decision-making Looks at how to develop new insights and understand business performance based on extensive use of data, statistical and quantitative analysis, and explanatory and predictive modeling Written for senior financial professionals, as well as general and divisional senior management Visionary and effective, Predictive Business Analytics reveals how you can use your business's skills, technologies, tools, and processes for continuous analysis of past business performance to gain forward-looking insight and drive business decisions and actions.

Statistical Thinking for Non Statisticians in Drug Regulation

Author: Richard Kay
Publisher: John Wiley & Sons
ISBN: 9781118470978
Release Date: 2014-10-23
Genre: Medical

Statistical Thinking for Non-Statisticians in Drug Regulation, Second Edition, is a need-to-know guide to understanding statistical methodology, statistical data and results within drug development and clinical trials. It provides non-statisticians working in the pharmaceutical and medical device industries with an accessible introduction to the knowledge they need when working with statistical information and communicating with statisticians. It covers the statistical aspects of design, conduct, analysis and presentation of data from clinical trials in drug regulation and improves the ability to read, understand and critically appraise statistical methodology in papers and reports. As such, it is directly concerned with the day-to-day practice and the regulatory requirements of drug development and clinical trials. Fully conversant with current regulatory requirements, this second edition includes five new chapters covering Bayesian statistics, adaptive designs, observational studies, methods for safety analysis and monitoring and statistics for diagnosis. Authored by a respected lecturer and consultant to the pharmaceutical industry, Statistical Thinking for Non-Statisticians in Drug Regulation is an ideal guide for physicians, clinical research scientists, managers and associates, data managers, medical writers, regulatory personnel and for all non-statisticians working and learning within the pharmaceutical industry.

The Power of People

Author: Nigel Guenole
Publisher: FT Press
ISBN: 9780134544540
Release Date: 2017-05-19
Genre: Business & Economics

Learn from Today’s Most Successful Workforce Analytics Leaders Transforming the immense potential of workforce analytics into reality isn’t easy. Pioneering practitioners have learned crucial lessons that can help you succeed. The Power of People shares their journeys—and their indispensable insights. Drawing on incisive case studies and vignettes, three experts help you bring purpose and clarity to any workforce analytics project, with robust research design and analysis to get reliable insights. They reveal where to start, where to find stakeholder support, and how to earn “quick wins” to build upon. You’ll learn how to sustain success through best-practice data management, technology usage, partnering, and skill building. Finally, you’ll discover how to earn even more value by establishing an analytical mindset throughout HR, and building two key skills: storytelling and visualization. The Power of People will be invaluable to HR executives establishing or leading analytics functions; HR professionals planning analytics projects; and any business executive who wants more value from HR.

Statistical Thinking

Author: Roger Hoerl
Publisher: Duxbury Press
ISBN: 0534381588
Release Date: 2002
Genre: Business & Economics

This innovative book teaches students to understand the strategic value of data and statistics in solving real business problems. Following principles of effective learning identified by educational and behavioral research, the instruction proceeds from tangible examples to abstract theory; from the big picture, or "whole," to details, or "parts"; and from a conceptual understanding to ability to perform specific tasks. While the computer is used for computational details, the authors describe the role of statistical thinking and methods for problem solving and process improvement to encourage use of the tools. Hoerl and Snee also teach skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, graphically analyzing data using basic tools, deriving actionable conclusions from data analyses, and understanding the limitations of statistical analyses. In summary, the authors demonstrate that statistical thinking and methodology can help students be more valuable and effective in their chosen careers.

Intuitive Biostatistics

Author: Harvey Motulsky
Publisher: Oxford University Press, USA
ISBN: 9780199946648
Release Date: 2013-12-01
Genre: Medical

Thoroughly revised and updated, the third edition of Intuitive Biostatistics: A Nonmathematical Guide to Statistical Thinking retains and refines the core perspectives of the previous editions: a focus on how to interpret statistical results rather than on how to analyze data, minimal use of equations, and a detailed review of assumptions and common mistakes. With its engaging and conversational tone, this unique book provides a clear introduction to statistics for undergraduate and graduate students in a wide range of fields and also serves as a statistics refresher for working scientists. It is especially useful for those students in health-science related fields who have no background in biostatistics. NEW TO THIS EDITION * A new chapter on the complexities of probability * A new chapter on meta-analysis * A completely rewritten chapter on statistical traps to avoid * More sections on common mistakes in data analysis * More Q&A sections * New topics and examples * New learning tools (each chapter ends with a summary and a list of statistical terms)

Reading Between the Numbers

Author: Joseph Tal
Publisher: McGraw-Hill Companies
ISBN: UCSC:32106012552292
Release Date: 2001-01
Genre: Mathematics

This quirky, fast-paced excursion through the world of statistics brings basic statistical concepts down to earth for general readers by showing how statistics are applied in our everyday lives. Drawing on such diverse examples as how pills are manufactured, elections are forecast, and chess tournaments are structured, psychologist Joseph Tal familiarizes readers with variables, means, medians, scales of measurement, sampling, estimating, and other stock-in-trade tools of the statistician. An unusually lively, informal review of statistical concepts Reading Between the Numbers: • Features dozens of fascinating, often whimsical examples drawn from real life and literature, and 100 vivid graphs and tables • Makes statistics fun and easy for general readers interested in numbers • Is the ideal quick-study guide for those who need to learn statistical methods for their jobs • Focuses on the psychology behind statistics, rather than problem-solving• Is based on the author’s popular professional workshops and seminars

Black Box Thinking

Author: Matthew Syed
Publisher: Penguin
ISBN: 9780698408876
Release Date: 2015-11-03
Genre: Business & Economics

Nobody wants to fail. But in highly complex organizations, success can happen only when we confront our mistakes, learn from our own version of a black box, and create a climate where it’s safe to fail. We all have to endure failure from time to time, whether it’s underperforming at a job interview, flunking an exam, or losing a pickup basketball game. But for people working in safety-critical industries, getting it wrong can have deadly consequences. Consider the shocking fact that preventable medical error is the third-biggest killer in the United States, causing more than 400,000 deaths every year. More people die from mistakes made by doctors and hospitals than from traffic accidents. And most of those mistakes are never made public, because of malpractice settlements with nondisclosure clauses. For a dramatically different approach to failure, look at aviation. Every passenger aircraft in the world is equipped with an almost indestructible black box. Whenever there’s any sort of mishap, major or minor, the box is opened, the data is analyzed, and experts figure out exactly what went wrong. Then the facts are published and procedures are changed, so that the same mistakes won’t happen again. By applying this method in recent decades, the industry has created an astonishingly good safety record. Few of us put lives at risk in our daily work as surgeons and pilots do, but we all have a strong interest in avoiding predictable and preventable errors. So why don’t we all embrace the aviation approach to failure rather than the health-care approach? As Matthew Syed shows in this eye-opening book, the answer is rooted in human psychology and organizational culture. Syed argues that the most important determinant of success in any field is an acknowledgment of failure and a willingness to engage with it. Yet most of us are stuck in a relationship with failure that impedes progress, halts innovation, and damages our careers and personal lives. We rarely acknowledge or learn from failure—even though we often claim the opposite. We think we have 20/20 hindsight, but our vision is usually fuzzy. Syed draws on a wide range of sources—from anthropology and psychology to history and complexity theory—to explore the subtle but predictable patterns of human error and our defensive responses to error. He also shares fascinating stories of individuals and organizations that have successfully embraced a black box approach to improvement, such as David Beckham, the Mercedes F1 team, and Dropbox.