PMI Nashville June 2017 luncheon – Topic: The #1 mistake project managers and business leaders make trying to generate critical Business Intelligence
June 20 @ 11:30 am - 1:00 pm
- We live in the “Information Age”, and much of that information comes in the form of numbers. Yet, in spite of the increase in databases and spreadsheets, in spite of the speed with which we can be tied into networks to access and report data, most are not any better at getting real insight and meaning from these mountains of data.Our performance and the performance of our organizations hinge upon the accurate use and understanding of such data. But before information can be useful it must be analyzed, interpreted, and assimilated. In short, raw data have to be digested before they can become useful business intelligence.This process of digesting the data has been widely neglected at all levels of our educational system. Managers and workers, doctors and nurses, and especially lawyers and journalists all have one thing in common. They come out of their educational experience knowing how to add, subtract, multiply, and divide, yet they have no understanding of how to digest numbers to extract the knowledge that may be locked-up inside. This deficiency has been referred to as “Numerical Illiteracy”.Numerical Illiteracy is not a failure with arithmetic, but it is instead, a failure to know how to use the basic tools of arithmetic to understand data. Numerical illiteracy is not addressed by the traditional courses in the primary or secondary schools, nor is it addressed by advanced courses in mathematics. This is why even highly educated individuals can be numerically illiterate.
This session is designed to help you overcome numerical illiteracy in your decision-making and other project management efforts. Armed with this essential skill, good employees become GREAT employees, and good leaders become GREAT leaders.
- Examine the most common ways that project managers and business leaders attempt to generate business intelligence.
- Experience the how these methods dramatically increase the risk of two deadly strains of decision errors (Type-1 and Type-2).
- Discover how, starting tomorrow, you can use the state-of-the-art, scientific approach to ensure accurate, reliable insights that others frequently miss.
About Presenter: Scott Lasater of Lasater Institute for Systematic Innovation
- At http://www.lasaterinstitute.com/testimonials.php you’ll find nearly 100 customers describing, in their own words, what happens when someone with a background in stand-up comedy and psychology designs a course in project execution, change acceleration, business innovation, and statistical methods. It’s a completely unique educational experience, unmatched anywhere in the industry.
Scott has worked closely with the legendary manufacturing consulting group formed by members of the original Toyota Autonomous Study Group. This study group, led by Taiichi Ohno himself, is credited with originating and developing the Toyota Production System. Part of his role at GE was to lead the effort to completely integrate all Lean, Six Sigma, and Theory Of Constraints methodologies and train process improvement change agents around the globe in this new unified system.
Scott has a Masters Degree in Applied Industrial Statistics from the University of Tennessee and a B.S. in Psychology and Medical Sciences from Duke University. He has trained and implemented business optimization, systematic innovation, change acceleration, quality management, Lean, Six Sigma, and statistical methods for a variety of manufacturing and nonmanufacturing operations — from the Automotive, Financial Services, and Service Industries to Health Care, Medical Device, and Government.
- 1.5 (Talent Triangle Category: Strategic and Business Management)
- Event Date: Tuesday, Jun 20, 2017
- Registration: 11:30 am – 11:50 am
- Program: 11:50 am – 1:00 pm
- Franklin Marriott Cool Springs
700 Cool Springs Blvd
Franklin, TN 37067
- Early Registration Member: $25
- Early Registration Non-Member: $30
- Walk-in Registration at the door: $35 (space not guaranteed for walk-ins)
NOTE: If you are a PMI Nashville member, please ensure that you register using the email address on file with PMI global to receive the PMI Nashville member discount.
Registration Close Time: Jun 18, 2017 (Sunday) @ midnight
Cancellation Policy: Cancellation requests must be sent via email to email@example.com by registration close time.
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