Welcome to the next article in a series on data analysis doubts. I’m tackling some of the biggest concerns leaders have about using analytics in their organizations. In this article, I want to address the question, “Will analytics slow down our decision-making?” I’ll also give you a structure for your…

Industry experience is worn like a badge of honor for the business professional. The longer you spend in an industry, the deeper your knowledge of its nuances becomes. You understand the differentiation between key players; have your finger on the pulse of industry regulations; and begin to predict industry trends….

Whether you are a solopreneur or Apple, you know that analyzing business data is useful for good decision-making. However, even though we keep hearing examples of great analytics, many executives shy away from it. The studies vary in their estimates, but somewhere between 41% and 75% of leaders report substantial…

When you track key performance indicators (KPIs), quality improvement (QI) statistics, or other important analytics, do you have enough statistical power? If you aren’t sure how to answer that question, then this article should be on your MUST READ list. If your analyses lack power, there is a good chance…

The question asked most commonly by non-analysts when looking at analytic results is, “Are the results significant?” If the answer is yes, many people assume these are important results, and the analytic punchline should be taken seriously. Fewer people understand what a statistically significant result actually means. In this article,…

If you have found your way into my little corner of the interwebs, then you are looking to understand analytics better. Understandably, you would prefer not to become a data scientist to achieve that understanding. However, there is one concept you must understand that causes most people to break out…