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Red Wisdom - beBee

Red Wisdom

~ 100 buzzes
Red Wisdom is about the development of numeral capacities whether that is analytical, financial, revenue, math skills or venture capital skills - and also capability for economic analysis and policy.
Buzzes
  1. CityVP Manjit

    CityVP Manjit

    02/12/2016
    State of StartUps - First Round Capital 2016 Report - I love the layout and focus of this report - asks good questions and provides interesting responses from founders. - Found this via Alfredo Cunha
    CityVP Manjit
    First Round State of Startups 2016
    stateofstartups.firstround.com State of Startups...
    Relevant
  2. CityVP Manjit

    CityVP Manjit

    02/12/2016
    A new connection for me a.k.a. @Ross Campbell has interesting buzzes on entrepreneurship. While he also submits buzzes on social media (my orange learning hive), the wisdom that caught my eye is his thoughts around entrepreneurship and that in terms of my learning is the learning journey less traveled that I personally observe through my red learning hive. https://www.bebee.com/bee/ross-campbell?t=posts
    CityVP Manjit
    Ross Campbell - beBee
    www.bebee.com Public profile of Ross Campbell on beBee. beBee is the only social affinity network specialized by sector. Join and get...
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    Comments

    Ross Campbell
    02/12/2016 #2 Ross Campbell
    Thanks a lot for the buzz @CityVP Manjit :) Really appreciate your kind words and I can't wait to network with you here on beBee. Look forward to learning more about you and I'll check out your hives! Thanks again :)
    Javier beBee
    02/12/2016 #1 Javier beBee
    thanks for sharing @CityVP Manjit . I am already following @Ross Campbell :-)
  3. Laurent Boscherini
    Évariste Galois (French: [evaʁist ɡaˈlwa]; 25 October 1811 – 31 May 1832) was a French mathematician born in Bourg-la-Reine. While still in his teens, he was able to determine a necessary and sufficient condition for a polynomial to be solvable by radicals, thereby solving a problem standing for 350 years. His work laid the foundations for Galois theory and group theory, two major branches of abstract algebra, and the subfield of Galois connections. He died at age 20 from wounds suffered in a duel.

    Shorter video more educational !
    Galois: Biography of a Great Thinker
    Galois: Biography of a Great Thinker Évariste Galois was a great mathematician who led a short, tempestuous life. He made fundamental contributions to a number of fields in math, including...
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    Comments

    Dean Owen
    26/10/2016 #2 Dean Owen
    A fascinating tragedy. I fondly recall using my short term memory to memorise the quadratic formula before an exam. I can't imagine how traumatised I would be to delve into cubic, let alone quartic equations.
    CityVP Manjit
    26/10/2016 #1 CityVP Manjit
    If Galois Theory http://www.math3ma.com/mathema/2015/8/31/what-is-galois-theory-anyway is a difficult proposition for mathematicians, think what it is for ordinary mortals like us who have not even confronted math anxiety http://www.vocativ.com/229603/math-anxiety-phobia/
  4. ProducerKohei Kurihara

    Kohei Kurihara

    19/10/2016
    Marketing Case Study Panasonic 4
    Marketing Case Study Panasonic 4For building the brand strategy, all the philosophy of co-founders, core significant components. In particularly, whole their stories telling us the secret of the foundation on each brand. Each brand has their own story, and there driving of history...
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    Comments

    Kohei Kurihara
    20/10/2016 #17 Kohei Kurihara
    #16 Pleasure. Thank you for your comment.
    Milos Djukic
    20/10/2016 #16 Anonymous
    #15 Thanks.
    Kohei Kurihara
    20/10/2016 #15 Kohei Kurihara
    #12 In terms of software, behind to the global trend, but listen, here is massive elders country, that means, evolving bunch of issues for assisting robotics, or other critic issues. On my prediction, we're one of the laboratory in the world, and human assistance technology will be rolling out in near future.
    Milos Djukic
    20/10/2016 #14 Anonymous
    #11 I think that this is the essence of Japanese spirit.
    Milos Djukic
    20/10/2016 #13 Anonymous
    #2 Great comment @CityVP Manjit. Thank you!
    Milos Djukic
    20/10/2016 #12 Anonymous
    #9 Than you @Kohei Kurihara. Technics comes back to life in Japan?
    Kohei Kurihara
    20/10/2016 #11 Kohei Kurihara
    #10 We're pleasure to succeed in the next generation, not only in Japan, but to the world!
    Milos Djukic
    20/10/2016 #10 Anonymous
    #6 Yes, @Kohei Kurihara, I have recognized his social influence.
    Kohei Kurihara
    20/10/2016 #9 Kohei Kurihara
    #2 Thank you for your feedback. Yes, after the WWⅡ, almost ourselves in the crunch time to survive on the burnt ruins. Entrepreneurship lead the future flourish, people followed them to regain for the generation. I've talked with some predecessor, who ever undergone those days, they all energetically to create something as Japanese spirit!
    Milos Djukic
    20/10/2016 #8 Anonymous
    Kōnosuke Matsushita also known as the "god of management."

    "On April 27, 1989, at age 94!, Konosuke Matsushita, founder of Panasonic, departed the world he had changed so much."
    "Learn about the founder of Panasonic and how he developed his business into a leading global corporation" at panasonic.com
    http://www.panasonic.com/global/corporate/history/konosuke-matsushita.html
    Kohei Kurihara
    20/10/2016 #7 Kohei Kurihara
    #4 Thank you for shared! Would be pleasure foe your knowledge, and let me know if you have any further questions.
    Kohei Kurihara
    20/10/2016 #6 Kohei Kurihara
    #5 Yes, Konosuke Matsushita, contributed also to foster the future business, or honorable social person in Japan. The graduates of his school concerning Japanese politics, business or other center of our components. His history is reminded us to do for all the public!
    Milos Djukic
    20/10/2016 #5 Anonymous
    #1 @Kohei Kurihara, I love Technics brand. Technics is a brand name of the Panasonic Corporation for premium hi-fi audio products.

    And one of the best ever marketing slogan: Technics - "The Science of Sound".
    I often use this ultimate slogan in different versions: The Science of Knowledge, The Science of Silence, The Science of Fractals, The Science of Social Networking...

    Kōnosuke Matsushita (1894 – 1989) - Japanese industrialist who founded Panasonic.
    A great person deserve no less.
    "Matsushita Leadership" by John P. Kotte
    https://www.amazon.com/Matsushita-Leadership-John-P-Kotter/dp/068483460X

    cc. @John White, MBA🐝
    John White, MBA🐝
    19/10/2016 #4 John White, MBA🐝
    Thank you for this most relevant post and presentation, @Kohei Kurihara. I have just tweeted it via my personal twitter account. I hope it will bring in some more readers from Twitter.
    CityVP Manjit
    19/10/2016 #2 CityVP Manjit
    #1 I thank you very much Kohei for introducing this subject. This enables me to incorporate what I am reading into my own learning journey, and had I not touched upon this buzz, I would never have learned about the founder spirit and values of Konosuke Matsushita. http://www.panasonic.com/global/corporate/history/konosuke-matsushita.html

    I am a phenomenal advocate of founder values, that includes the values of the two founders of beBee e.g. @Juan Imaz and @Javier beBee - and if they look at the way Panasonic have laid out the history of their Founder - they can project in their own minds how that history may unfold for beBee but that an entrepreneurial path cannot be predicted today - but does flow from the original seeds of founder values.

    Founders like those of Toyota understood that to sustain their value, they would emulate the principles that Henry Ford utilized to finance the company through its profits. The founders of HP are cited as creating the HP Way (which today is credited as a human resources philosophy) but when we look at HP's 1966 objectives we can see that the HP Way was led by first focusing on creating contribution i.e.profit and then leveraging the business from that strength.

    Apple and Microsoft today carry massive cash reserves. They don't want to get caught in the trap of short-sighted lending policies. This is how these companies insulate themselves. Henry Ford discussed this back in 1926 in his classic called "Today and Tomorrow" http://www.goodreads.com/book/show/355407.Today_and_Tomorrow
    Kohei Kurihara
    19/10/2016 #1 Kohei Kurihara
    @CityVP Manjit Thank you for shared!
  5. ProducerGerald Hecht

    Gerald Hecht

    22/08/2016
    On The Behavioral Part of Behavioral Pharmacology
    On The Behavioral Part of Behavioral PharmacologyResearch DesignIndependent variable: drugDependent variable: behaviorBetween-subject designs: different subjects are the source of experimental controluses many subjectsexpensivefastgroup averagesdependent variable only measured onceWithin-subject...
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    Comments

    Gerald Hecht
    20/09/2016 #9 Gerald Hecht
    #1 @Deb Helfrich 🐝 I will send you a tears free pass to accompany me on a tour...a tour where you will see things that (at most) a few hundred others have been fortunate enough to see
    Gerald Hecht
    17/09/2016 #8 Gerald Hecht
    #7 @Lisa Gallagher Well federal regulations are funny things; sometimes "the Feds" don't bother send anyone out to regulate; like the Securities Exchange Commission (SEC) version of regulating Bernie Nadoff
    Lisa Gallagher
    02/09/2016 #7 Lisa Gallagher
    All so complicated, that is unless, someone like you is putting this all together on producer from your phone @Gerald Hecht?! You deserve a medal just for that. So drug testing goes through 4 stages? Are they fairly certain that the drug will be marketed by the time it hits phase 4? I heard phase 3 can take up to 3 years?
    Gerald Hecht
    23/08/2016 #6 Gerald Hecht
    #3 @Paul Walters the "On The "Pharmacology part of Behavioral Pharmacology" installment may be "worse" I fear, breathe up! Putting these things together...on producer...with a phone... has become my "boat in a bottle type disaster therapy"
    Gerald Hecht
    23/08/2016 #5 Gerald Hecht
    #1 @Deb Helfrich 🐝 definitely not here! I may be able to advise when we start getting dispatches from the outside again; the vet school at LSU has (probably had) a hyperbaric chamber; I would give myself sessions when it wasn't in use; always seemed invigorating (but this is anecdotal), like "dialysis for the brain"...
    Paul Walters
    23/08/2016 #4 Paul Walters
    Not enough Oxygen.....advisable !!!!!!!
    Paul Walters
    23/08/2016 #3 Paul Walters
    Hmmm @Gerald Hecht a ten minute intro to really , really hard equations ... I'm a little exhausted and @Deb Helfrich 🐝 methinks to read this an oxygenated brain would be advisible!
    Randy Keho
    22/08/2016 #2 Randy Keho
    Yeah, what he said.
    Deb Helfrich  🐝
    22/08/2016 #1 Deb Helfrich 🐝
    @Gerald Hecht, how on earth do you know how to give me another angle to keep synthesizing away at our current sticky wicket? As always, in the fullness of time - where would you send me to correlate brain waves with movement? Or with a fully oxygenated brain?
  6. ProducerJeffrey Strickland
    What Do Predictive Analytics Consultants Do? - Part 1
    What Do Predictive Analytics Consultants Do? - Part 1I am often asked about the kinds of Analytics I perform as a consultant to address the questions my clients pose. The “real question” behind this is: What kind of Analytics do I get to engage in? The focus of this article is on what kinds of things...
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    Comments

    Lada Prkic
    13/08/2016 #6 Lada Prkic
    Very detailed and clear explanation, @Jeffrey Strickland. Have you experience with applications of big data and predictive analytics in the construction industry, e.g. some large construction project?
    Mickael Angelo Yusufidis
    12/08/2016 #5 Mickael Angelo Yusufidis
    Predictive analytics is our future.
    David B. Grinberg
    12/08/2016 #4 David B. Grinberg
    Nice buzz @Jeffrey Strickland. I shared in the "Scientists and Research" hive (18k bees), as I thought they would find it of interest. You're one smart guy, Jeff, not to mention a good writer! I hope to read more buzz from you on beBee.
    Lisa Gallagher
    11/08/2016 #3 Lisa Gallagher
    I'm not an analytics person but I'm sure many will find value in this great article by @Jeffrey Strickland
    Cyril Philip
    11/08/2016 #1 Anonymous
    Very nicely explained Jeffrey.
  7. ProducerJeffrey Strickland
    Marketing & Big Data: The Good the Bad and the Ugly (Redux)
    Marketing & Big Data: The Good the Bad and the Ugly (Redux)The temptation to form premature theories upon insufficient data is the bane of our profession.          —Sherlock Holmes [1] Big Data is here, has been for some time, and will probably be here for some time to come. In the article, I’ll tackle...
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    Comments

    CityVP Manjit
    13/08/2016 #2 CityVP Manjit
    I have a penchant for talking about 21st Century thinking and analytics for me is a great example of this, so I really welcome the quality of these buzz's because it is so much easier and even fashionable to talk about social media or leadership or even happiness, when the nitty gritty of everyday processes are being informed by the very thinking elucidated here. It might be popular to say correlation is not causation but to really understand that saying is another matter entirely. I am bit by bit gaining a better handled how to think analytically and statistically through each buzz I read from Jeffrey Strickland.
    John White, MBA🐝
    13/08/2016 #1 John White, MBA🐝
    @Jeffrey Strickland: You've covered a topic that is highly relevant for me. Thank you very much for a great read.
  8. CityVP Manjit

    CityVP Manjit

    29/07/2016
    While looking through the interests of Dilba Balbi I found her interest in ZBB. What is ZBB? It turns out it is a really simple idea but one that I had not considered before - it is called Zero Cost Budgeting and it has been around for more than 50 years, had its moment in the 70's and now is beginning to revive as a business idea again.
    What is Zero-Based Budgeting (ZBB)?
    What is Zero-Based Budgeting (ZBB)? An introduction to the history and concept of Zero-Based Budgeting (ZBB) and how it conceptually differs from traditional budgeting...
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    Comments

    DILMA BALBI -Contratos e Gestão
    29/07/2016 #2 DILMA BALBI -Contratos e Gestão
    #1 Yes! I found this method while I was searching for small business methods to financial planning. If you have no past to consider... you would start from ZBB ..it is not simple at all but the concept is interesting.. thanks
  9. ProducerJeffrey Strickland
    Why Data Analytics is like Soccer
    Why Data Analytics is like SoccerThere is no fully automated Data Science. You need to get your hands dirty. [1]Kamil BartochaI started playing soccer when I was in the 9th grade and continued to play for 32 years. I also coached three teams. My passion was goaltending (goalie),...
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    Comments

    Donna-Luisa Eversley
    15/07/2016 #6 Donna-Luisa Eversley
    Success is really no accident, for it to be attained and sustained. Data analytics for me is a challenge, but I have found I know more today than I did a few years ago, and its because I'm never discouraged when faced with a challenge, and youtube can be a great teacher . Thanks for this @Jeffrey Strickland !
    John White, MBA🐝
    14/07/2016 #5 John White, MBA🐝
    @Jeffrey Strickland: Thanks for sharing your words of wisdom on beBee. We have promoted your post via our company Facebook and LinkedIn pages.
    debasish majumder
    14/07/2016 #4 debasish majumder
    Great post sir @Jeffrey Strickland. i always love to read your article. team work with certain duty to dispense is the key of success, along with clarity in understanding the duty required to be discharged. thank you for sharing the post sir.
    Laurent Boscherini
    14/07/2016 #3 Anonymous
    Thank you @Jeffrey Stricklandfor your amazing post. I am impressed how you insert Thelonious Monk in this Topic so far from Jazz, as a fractal winkle to @Milos Djukic.
    Michael Hillebrand
    14/07/2016 #2 Michael Hillebrand
    Excellent way to talk business through sports. Love it! Great job..
    Pascal Derrien 🐝
    14/07/2016 #1 Pascal Derrien 🐝
    Now you have found a way for me to understand analytics @Jeffrey Strickland :-)
  10. ProducerJavier beBee

    Javier beBee

    22/06/2016
    beBee will represent the EU in Silicon Valley as the "next EU unicorns"
    beBee will represent the EU in Silicon Valley as the "next EU unicorns"It's my pleasure to inform you that beBee has been selected in the top 15 EU scaleups! beBee will represent the EU in Silicon Valley as the "next EU unicorns"Startup Europe Comes to Silicon Valley (SEC2SV) is a mission that seeks to connect the dots...
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    Comments

    Franci Eugenia Hoffman
    16/08/2016 #77 Franci Eugenia Hoffman
    #76 Thank you @Pamela L. Williams and it's working which makes me happy.
    Pamela L. Williams
    16/08/2016 #76 Pamela L. Williams
    #75 That's a great idea Franci!
    Franci Eugenia Hoffman
    16/08/2016 #75 Franci Eugenia Hoffman
    #74 Thank you for this @Javier beBee. This is a nice concise description that I can use for my WordPress followers. I have a weekly post on my blog called Tuesday Chatter. One of my features in Tuesday Chatter is "As the Honey Drizzles", which is about beBee. I have had some followers ask me to describe beBee and this is perfect.

    I am also an author for another blog, which is increasing my followers rapidly, as it creates a ping back to my blog. More exposure for beBee!! Yipbee! Make it a great day.
    Javier beBee
    15/08/2016 #74 Javier beBee
    For those who are asking me what is beBee :),...... beBee is about professional networking through personal interests and hobbies. Take golfers, for example. It is the same concept but applied to all professions and personal interests or hobbies. Personal interests generate much more professional engagement and better business opportunities."
    Javier beBee
    09/08/2016 #73 Javier beBee
    #71 we love to run with the big dogs :) we are thinner and faster.
    Steve Brady
    09/08/2016 #72 Steve Brady
    This is great news!
    James Bailey
    01/08/2016 #71 James Bailey
    Don't Bee scared to run with the big dogs, if you truly want to be a global hive.....just sayin'
    malena dica
    07/07/2016 #70 malena dica
    que bien, felicidades
    Amour Setter
    07/07/2016 #69 Amour Setter
    Congratulations!!!
    Gerald Hecht
    29/06/2016 #68 Gerald Hecht
    Bee the Unicorn; stab people with your head!!!
    Teresa Gezze
    28/06/2016 #67 Teresa Gezze
    #65 Portuguese!! :)
    Franci Eugenia Hoffman
    28/06/2016 #66 Franci Eugenia Hoffman
    #63 And it takes no effort, as well. Great comment @Dean Owen!
    Antoine Prager
    28/06/2016 #65 Antoine Prager
    #63 absolutely @Dean Owen @Teresa Gezze @John White, MBA🐝, and in different languages the news is published at least in English, French and Spanish!
    John White, MBA🐝
    28/06/2016 #64 John White, MBA🐝
    #63 @Dean Owen: You are a leader my friend!
    Dean Owen
    28/06/2016 #63 Dean Owen
    #62 Exactly Teresa. Not you guys, you are doing an amazing job. But us bees can really leverage our connections on other platforms to get beBee into the hearts and minds of millions. For us, clicking "Share" on LinkedIn/Facebook/Twitter really costs us nothing.
    Teresa Gezze
    28/06/2016 #62 Teresa Gezze
    Hi @Javier beBee! I think what @Dean Owen meant to say is that ALL BEES should spread the buzz outside beBee! @Chema M. del Hoyo has it on Facebook, Twitter and LinkedIn, so all the other bees on beBee have to get the word out there! :D
    Rafiqul Islam
    28/06/2016 #60 Rafiqul Islam
    Best wishes for BeBee! Being a StartUp Global Link always with BeBee!

    Global Link! It's all about a theme striving for Eco Friendly Business of all Domains!

    Our Visions:

    🌱 Eco Friendly Community.
    🌱 Eco Friendly Food & Services.
    🌱 Eco Friendly Generation.

    Our Slogan:

    🌱 Go with greens and positives for a peaceful and green revolutions...

    With warm regards

    Rafiqul Islam
    CEO, Global Link, Patent - GLBD
    E-mail: globallink.glbd@gmail.com
    rafique@globallink-glbd.com
    Cell: +8801713013262
    Web: https://globallink-glbd.com ( under construction)
    https://bd.linkedin.com/in/rafiqul-islam-7a363160
    https://twiends.com/rafique2000bd @Twitter
    https://m.facebook.com/c/WvOSfMdf/BXcZJP
    Chema M. del Hoyo
    28/06/2016 #59 Chema M. del Hoyo
    #49 I've just checked out our social media accounts and this is what I've found: https://twitter.com/beBee_EN/status/745623697705271296, a tweet from 6 days ago. You can also find the post on our LinkedIn profile, @Dean Owen
    Aitor García Gonzalez
    28/06/2016 #58 Aitor García Gonzalez
    It is not rewarding to observe the unstoppable progression for a team in just one year? I am proud to be genuine, to be Bebee.@Chema M. del Hoyo @Federico Álvarez San Martín
  11. ProducerGert Scholtz 🐝
    Framing the Frame
    Framing the FrameJim Murray took my original clanky post on Framing, and reworked it to his flowing and superb style of narrative. Thank you Jim. Here is the reworked version: Behavioral economics is the study of decision making in an economic and...
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    Comments

    Rick Delmonico
    11/07/2016 #26 Rick Delmonico
    George Carlin would say "the glass is twice as big as it needs to be."
    Dean Owen
    11/07/2016 #25 Dean Owen
    I have to be honest, the original version has a better flow.
    Milos Djukic
    09/07/2016 #24 Anonymous
    You are welcome @Gert Scholtz 🐝 and yes @Jim Murray is a really good.
    Gert Scholtz 🐝
    09/07/2016 #23 Gert Scholtz 🐝
    @Javier beBee @Irene Hackett @CityVP Manjit @Milos Djukic @Kevin Pashuk @Dean Owen @Sara Jacobovici Thank you for the shares on my post - now as edited by @Jim Murray. Thank you Jim!
    Gert Scholtz 🐝
    08/07/2016 #22 Gert Scholtz 🐝
    #21 @Phil Friedman Thank you for your detailed comments Phil. The way I look at it: The intrinsic value of a share, as based on asset value of the company and / or expected future cash flows, is a constant at the time of a share split and it would be illogical to ascribe a higher value based only on the intrinsic value at the time of the share split. However, a share split does result in the share being more tradeable and more liquid, and this may well result in an increase in perceived value. So yes, the reference in the article is not totally correct. Thanks for reading and have a great day!
    Phil Friedman
    07/07/2016 #21 Phil Friedman
    @Gert Scholtz 🐝, to my mind, this is a major problem in the behavioral sciences, including empirical economics. Namely, very simple rational analysis is often overlooked. To wit, you say, "In the most common form of share split, one share is replaced by two, each with halve the value of the original share, yet together still the same value. For example a share of $80 would split into two shares of $40 each. Often there is a perception of increased value created when companies split their shares. Yahoo announced their share split and the share price surged 16% the next day." There is nothing surprising or noteworthy about this. The mistake being made is in ASSUMING that the perceived value of a stock in as a share of something real, for example, the assets of the company. The fact is that nowadays the stock market is nothing more nor less than a parimutuel betting window. When a stock is split, everyone PERCEIVES that the total value of each pair of resulting shares is greater than the immediately prior value of a single pre-split share, NOT because they think the inherent value of the share has increased, but because they expect that post-split the shares will almost immediately begin to appreciate -- which is born out by the Yahoo example you give. That the author you refer to is simply mistaken when he implies that the perceived of the split shares accrue to the shares, when in fact, it accrues to the perceived greater potential for short term appreciation. Otherwise some good points covered and made. Nice piece, Thank you for sharing. Cheers!
    Sara Jacobovici
    07/07/2016 #20 Sara Jacobovici
    Thanks gentlemen (just in case you don't know who you are, I am referring to @Gert Scholtz 🐝, @Ken Boddie and @Kevin Pashuk) for making me smile a few times. I've never smiled and scrolled up at the same time before.
    Kevin Pashuk
    07/07/2016 #19 Kevin Pashuk
    #18 OK... you win with that one @Gert Scholtz 🐝
    Gert Scholtz 🐝
    07/07/2016 #18 Gert Scholtz 🐝
    @Ken Boddie @Kevin Pashuk The psychologist says to the glass: tell me how you feel about the engineer :)
    Kevin Pashuk
    07/07/2016 #17 Kevin Pashuk
    #16 and the opportunist takes the glass and drinks the contents while the other three are arguing.
    Ken Boddie
    07/07/2016 #16 Ken Boddie
    OK @Gert Scholtz 🐝 and @Kevin Pashuk, since we're on the subjects of psychology, marketing and engineers, let's look at how we can psycho-analyse a glass of water.
    The optimist says it's half full, the pessimist says it's half empty, and the engineer says it's twice the size for which it should have been designed. 🤓
    Kevin Pashuk
    07/07/2016 #15 Kevin Pashuk
    #13 Pyscho engineers @Ken Boddie? Never met one... although a few have tried to pass themselves off as civil...
    Gert Scholtz 🐝
    07/07/2016 #14 Gert Scholtz 🐝
    @Ken Boddie @Irene Hackett So even engineers have a marketing side! And they play mind games as Irene said? NO! :) Thank Ken for the extra "angle" on the buzz. Thanks for reading and commenting Irene.
    Ken Boddie
    07/07/2016 #13 Ken Boddie
    Interesting 'psychonomical' precis, @Gert Scholtz 🐝. Engineers have been designing road pavements on a similar principle for decades. Pavements, for example, all fail, due to repeat loading and associated material fatigue or differential strain accumulation. This is unfortunately inevitable and all pavements have a finite life, estimated as part of the design process, after which they will require some form of remediation or reconstruction. This concept is invariably sold positively, whereby designing on a 95 percentile basis (rather than say 90 percentile or 80 percentile) is most often described as a 95% chance of exceeding the estimated design life, rather than a 5% chance that failure will occur before the anticipated design life. Perhaps this might also explain why there are so many psycho engineers running around out there? 😰
    Irene Hackett
    07/07/2016 #12 Anonymous
    @Gert Scholtz 🐝 - yes, much like all human behavior, our personal finance decions are about perception - it's why the field of marketing exists- it's a mind game! Thanks for the interesting buzz!
    Gert Scholtz 🐝
    07/07/2016 #11 Gert Scholtz 🐝
    @Dean Owen Thank you Dean. Always good to have your comments and shares my friend!
    Brian McKenzie
    07/07/2016 #10 Brian McKenzie
    #9 I specialize in breaking things. I will subvert, overthrow, derail and destroy - just like the enemy will - because I don't play by your 'rules' nor do I abide by the sunny pedantic optimism.... and I have been right on too many counts to be ignored..... One time I helped overthrow South Korea in a war game...... because that is what the enemy would do...... there were more than a few pissed off and embarrassed O-5's and O-6's on that one. (Luckily the Admiral loved it)
    Gert Scholtz 🐝
    07/07/2016 #9 Gert Scholtz 🐝
    #4 Thanks for reading and commenting Brian. Spotting the upside in the downside sums up your approach?
    Gert Scholtz 🐝
    07/07/2016 #8 Gert Scholtz 🐝
    @Savvy Raj Thank you Savvy - I like your phrase: fodder for thought.
    Sara Jacobovici
    07/07/2016 #7 Sara Jacobovici
    @Gert Scholtz 🐝 makes a lot of sense here. An important read.
  12. CityVP Manjit

    CityVP Manjit

    06/07/2016
    Brexit and the rest: it all adds up - Henry Mintzberg discusses imbalance in society
    CityVP Manjit
    Brexit and the rest: it all adds up | Henry Mintzberg
    www.mintzberg.org
    Relevant
  13. ProducerCityVP Manjit

    CityVP Manjit

    15/06/2016
    Statistical Thinking
    Statistical ThinkingIt is difficult enough to be bamboozled by statistics and left empty headed by statistical process, without realizing that the real value of statistics is to think statistically.   Before I can even begin to think mathematically, I need to pursue...
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