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ASA Deming Lecture by Brent James: Long Term View of the Healthcare System

Deming Institute

2010 ASA Deming Lecture – “Dr. Deming Consults on Quality for Sir William Osler” by Brent James , Institute for Health Care Delivery Research. The beginning of the talk provides an overview of the huge macroeconomic risks of the health care system in the USA. On this success Brent says.

Deming 31
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Streaks, from Jumpin' Joe to Mutual Fund Managers

Harvard Business Review

Using probability, it is easy to see that if you have a large enough population doing things in a mediocre way for a long enough time, you'll always get some streaks — think monkeys, typewriters, and Shakespeare. What's more, those streaks were still made by the skillful, such giants as Ty Cobb and Rogers Hornsby. But we didn't.