Value: Use Data

Get comfortable with data and save lives

It is actually quite baffling to see how many people feel uncomfortable with using data – or bluntly put, how many say they “hate” maths. Truth be told, some really do have a poor level in calculus, including the calculation of basic percentages.

It is a shame – and it doesn’t have to be that way. There are truly, very few principles to feel at ease with in order to critically analyse whether a product is producing the required return of investment, or calculate the year-on-year growth rate in the number of paying customers.

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In some cases, as you will also discover in our workshops, not reading fairly simple data correctly can lead to disastrous, life-or-death scenarios.

The low temperatures on the launch day of the Challenger space shuttle were unusual: some engineers cautioned against the launch – but failed to convince the decision makers of the vital requirement not to launch. Reading and interpreting data correctly, drawing clear-cut conclusions, would have prevented this tragic accident.

LET’S READ OTHER VALUES

“Always Deliver More Than Expected” – Larry Page

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