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The Mixed Returns From Predictive Analytics

The Horizons Tracker

Edwards Deming famously remarked that “in God we trust, but everyone else should bring data.” Educated workers are known to be an essential ingredient for that system. ” It has come to typify a booming industry in predictive analytics, with estimates suggesting the sector will be worth around $270 billion in 2022.

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Profound Knowledge from a Knowledge Use Perspective

Deming Institute

Vincent Barabba presented the 2016 ASA Deming Lecture: Profound Knowledge from a Knowledge Use Perspective. Vincent Barabba led the US Census Bureau, founded Market Insight Corporation and authored The Decision Loom: A design or interactive decision-making in organizations (among other books). Edwards Deming – A Kaizen Statistician.

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China's Luxury Consumers Grow Up

Harvard Business Review

Luxury goods marketers in China received some good news last month. After the country's annual policy planning meeting, Minister of Commerce Chen Deming announced that Beijing would soon reduce tariffs and cut red tape on luxury goods imports. The Chinese market for luxury products has been booming recently. The real thing.

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Debriefing as Continuous Improvement

Strategy Driven

Whether it was branded the Deming Method or Six Sigma or a host of other models, ‘continuous improvement processes’ found their way into organizations large and small and have made a major contribution to improving quality worldwide. Keep your company fighter-pilot agile in any turbulent or changing market.