
How Could AI Augment BI and Lean Six Sigma Methods
Answers to the question – Is it possible that AI could be used to augment or improve the way we approach business improvement with lean and six sigma methods.
Answers to the question – Is it possible that AI could be used to augment or improve the way we approach business improvement with lean and six sigma methods.
An article that attempts to explain what P-Values mean in statistics in plain English without the technical jargon.
In observing and interacting with more than 200 companies since 2001, I observed patterns across companies where business improvement struggled. There are the characteristics I observed that now tell me a business improvement initiative probably needs to be looked at or it is at risk of disappearing or being replaced with another.
I found a way, years ago, to avoid getting bogged down in data – to avoid the challenge of ‘paralysis by analysis’ when digging into the numbers to find the cause of something.
Just because a data set has the same mean and median, does not mean it is normally distributed. Let’s clear up the confusion.