Case Study-- Using Managerial Statistical Thinking in Sales Developing a Leadership Strategy
Deming Chapters 9 & 10
The Funnel Experiment
Lessons Learned
Trial 1-aim at target
Trial 2-offset prior drop
Trial 3-offset target
Trial 4-follow the leader
Worse and worse results
Real Solution?
Don’t tamper with a stable process!!
Seek true process improvement!!
Lessons in Variation
Patrick & the school bus
10% fudge factor
Apples to Apples?
Intro to a Loss Function
Temperature/Productivity Example
Specification vs Uniformity
Reduce variation around nominal value
Next Up
Assignment:
Study for Deming exam
Due tonight:
Quiz over chapters 9 & 10
HBR Reading & Thread
What Makes an Effective Executive