All posts tagged Continuous Improvement

Quick Tip: Big Counting

Posted on January 14, 2012 @ 11:05am by hcarstens 2 Comments

There are two types of counting*: Big and Small. Big counting is used to gain big picture understanding. Examples of Big counting are – Has the impact of Bond prices on Stock prices changed since 2007? What is the impact of Copper prices on Bond prices? Small counting is used to help understand a specific…

Quick Tip: Data on the Data

Posted on December 29, 2011 @ 7:00am by hcarstens No comments

Or, data on the decisions made w/ the data. Enables continuous and incremental improvements and new insights. –h Henry Carstens 503-701-5741 Share and Enjoy

Quick Tip: Working on Technique Can Lead to Mastery and New Ideas

Posted on December 23, 2011 @ 10:18am by hcarstens No comments

It’s good to take a break from the never-ending search for the new and simply focus on technique. Working on technique can lead to mastery and open unexpected doors to the new. “Wax on. Wax off.” –h Henry Carstens 503-701-5471 Share and Enjoy

The Forecaster and the Forecastee

Posted on December 4, 2011 @ 11:31am by hcarstens No comments

In forecasting, there are two variables, the Forecaster and the Forecastee. Since it is unlikely we can or should change the behavior of the Forecastee, improvement must come from improving the Forecaster. Which seems a crystalizing, if obvious, thought,   –h   Share and Enjoy

Forecasting, Creativity and Learning

Posted on November 23, 2011 @ 7:49am by hcarstens No comments

Creativity is the degree to which you insert yourself between  the numbers and the conclusions Expertise is the degreee to which you are right Learning, in both cases, is the difference in degree at time [t] and time [t-1] –h Share and Enjoy