“The only rules are the ones dictated by the laws of physics. Everything else is a recommendation.” — Walter Isaacson/Elon Musk We live in a spreadsheet society. Columns of Categories of People and Rows of Wants, Needs, and Desires. This model is too simplistic. What is needed, and Big Data can provide, is a more sophisticated approach.
In 2025, our new book, Navigating the Data Minefields: Management’s Guide to Better Decision-Making will be released by CRC Press. This is an accompanying book to our 2023 book, Smart Manufacturing: Integrating Transformational Technologies for Competitiveness and Sustainability. Both books focus on the use of advanced information technologies to attain and sustain Operational Excellence. Today,
This author is working on a book to be published in early 2025 that addresses issues about the decision to procure and implement today’s exploding technologies such as Artificial Intelligence (AI). So, for this edition, we wanted to try something new. We are going to ask Chat GPT how to sell Artificial Intelligence and glean knowledge
The world is abuzz, not with the US presidential election, but with Artificial Intelligence (AI). How do you feel about this game changing suite of technologies? Whether we agree or not, the AI tsunami is coming ashore. What we, as individuals do about this phenomenon will dictate the remainder of our career and even quality
Creative destruction is the dismantling of long-standing practices in order to make way for innovation and is seen as a driving force of capitalism. We live in an era of hyper-change. Technology to be sure, but all social constructs are under duress. The question is, how will all of us at an individual level deal with
We all rely on Apps for most of our decision making. But, how do we know the app is providing the correct answer? The stories about spreadsheet errors are legendary and are usually the result of human ‘data entry’ or ‘calculation’ errors. However, software can be the root cause for problems. Software bugs are classified into
Some still believe that an individual’s word is his/her bond. Or that the Marquess of Queensberry Rules still apply. Sadly, for many, these statements are outdated. Blockchain is a, “decentralized digital ledger that securely stores records across a network of computers in a way that is transparent, immutable, and resistant to tampering.” This is the
Oh My, I am Swamped by this Firehose of New Technologies. How can I Understand, Much Less Use These Tools? Like most of us, our job is not about new bigger, better, faster IT. We have the daily grind to attend to and quarterly metrics to make. What we need from IT providers (internal and
The word Systemic is tossed around quite loosely these days. Especially when discussing social issues and politics. But what does it really mean when we say something is systemic by nature? By one definition it is, “Of or relating to a system or a system and other relating to or affecting the entire body or
According to no less than the Cleveland Clinic, ” Studies (regarding multitasking) show it makes us less efficient and more prone to errors.” Cleveland Clinic goes on to make the case: When tasks are easy and routine such as, “like listening to music while walking, or folding laundry while watching TV,” these are generally not
Organizational Conflict may not be visible. Passive Aggressive executives may not exhibit the classic signs of stress. The stresses of everyday business are well understood by those in that mix. Each individual has an agenda based on his/her personal desires as well as organizational job description and target (goal) requirements. By definition, this puts all
In our forthcoming book, “Navigating the Data Minefields: Management’s Guide to Better Decision-Making” we coined the term, Valid, Reliable and Timely (VRT). “This term identifies all data dimensions including its temporal component.” Check Up When we go to the doctor we expect that the information conferred by this professional is Correct, Consistent with the current
“Per McKinsey research from June 2022, nearly 70 percent of the top economic performers, compared with just half of their peers, are using their own software to differentiate themselves from their competitors.” McKinsey went on to state that: Digital products are driving the need to embed software across the board Increasingly, more value is being
The first thing a statistician, data scientist, medical researcher, engineer, social scientist or anyone depending on data is to assess its quality. As of this writing, the recent release of the Durham Report suggests that the FBI was lax in their assessment of the alleged Russian influence in the 2016 presidential election cycle. This resulted
Seems we live in a world of FAKE. How do you know what is fake and what is not? A recent article described certain activities in Silicon Valley as the end of fake. The point being that in the recent VC heyday, some have feed the market crap and taken advantage of the Greed is
Often attributed to the movie character, Forest Gump the title phrase can be interpreted as an abrupt change in one’s life. The past few years have brought significant changes to many of us. Illness, job change, moving to a new location, kids out of school and so it goes. Disruption can be intimidating, yet it
Our often called, ‘Best Friend’ has and continues to teach us all manner of life lessons. While the Dog Days of Summer will soon be upon those who live in the northern hemisphere, not all dogs choose to stay on the porch. Most dogs are action oriented. Throw a ball or a stick and some
According to Investopedia, “Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments.” Definitions of the three components are pretty straightforward: Environmental–Generally refers to the stewardship of the planet and how organizations facilitate that responsibility. Social–Facilitating organizational responsibility to the global
We are offered the world at the tip of our fingers, But! There are many prices to pay. Theft by scam simply by clicking on a great opportunity is getting more sophisticated all the time. Recently, this pundit was offered a once in a lifetime possibility if only I would listen to an MS Office
This edition marks the 100th post in our Critical Mass Blog series. We have sought to provide thoughtful, unbiased insight into the contemporary business and organizational challenges we all face. Since our first blog post on November 27, 2017 our world has turned over in ways none expected. Likely, this trend will continue. This series
Not the rock bands of the 1960s–1980s, but the mining required to extract the heavy metals necessary for electric vehicles and other renewable energy solutions. So, what is a heavy metal and why do we care? Typically, “In science, a heavy metal is a metallic element which is toxic and has a high density, specific gravity or atomic weight. However,
The writing instrument, the pencil is purported to have been invented in 1795. It has been around for a while and continues to serve a useful purpose. In the following video, the late economist Milton Friedman describes the process for manufacturing this simple longstanding tool. The point he makes is that regardless of the simplicity
Awash with data, how many decisions made actually use it to add value? Too few one suspects and partly because decision-making systems are not designed for this volume. Much is made about Big Data and the value it can add to a business. However, there is little said about the software applications and compute power that
Watching one of the Sunday morning political news shows recently, as yet another pol described that the ‘science is changing‘ and mentioning the results of new data, it dawned on me that smart individuals are conflating science with data. By one definition, Science is “he intellectual and practical activity encompassing the systematic study of the
Picture sourced from LinkedIn, author unknown. It seems like there are a lot of answers these days, even to questions that have not been posed. As of this writing, this author understands that masks work for Covid-19 but vaccines not so much although we are advised to get the shots and even a third one
Attributed to former US Senator and Governor Rhode Island, Lincoln Chafee, “Trust is built with consistency.” Moreover, from statistics we know that Internal Consistency, “measures whether several items that propose to measure the same general construct produce similar scores.” The follow on definition statistical reliability, “is the consistency of a set of measurements or measuring
“Nothing is more difficult, and therefore more precious, than to be able to decide.” — Napoleon Bonaparte Volumes have been written on decision-making and this pundit has offered his share of insight and comment on the subject as well. Some of our comments regard the appropriateness of the human intercession in electronic decision making. Others
What Are We Doing? An interesting sign of the times. Individuals on social media who identify themselves by name, photo, job (even senior) title, organization etc. are taking controversial positions on a variety of often emotional subjects. In the old days discussions about , sex, politics and religion were off limits in the corporate
Not Again In 2018 we posted an opinion regarding social media driven sales ‘cold calling.’ As noted then, the comments went along the lines, “I reviewed your profile and I know I can help.” This unsolicited approach continues to be blown off by this and other pundits/potential customers as amateurish. Recently, the tactic has
I Need a Book Deal! With the change of the US federal administration, previous key individuals are now coming out and writing books regarding their former boss. This all the while with plenty of video evidence where these individuals pontificated a position and even changed their position dramatically while in the employ and in
