When Data Sets Clash with Mindsets
In a world full of interpretations and perspectives, discover the intersection where data sets collide with mindsets, questioning the validity of statistics and exploring the gap between perception and reality. Delve into the challenges of interpreting data in a world of shifting perspectives and intentions.
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Presentation Transcript
What happens when data sets collide with mindsets? *Lies, Dam Lies and Statistics Popularized by Mark Twain in Chapters from my autobiography
There are no facts, only interpretations. Friedrich Nietzsche In Business In the end, there is only perspective
The world is full of best intentions & perspectives
What percentage of all phone calls are cross border What percentage of people are first generation immigrants What percentage of direct investment is foreign based What is the export to GDP ratio
Global Cross Border Flows Popular Guesses 50% 40% 30% Guess 20% 10% 0% Phone Calls Immigration Direct Investment Export to GDP Ration People believe the world is pretty flat Source: Pankaj Ghemawat author The world isn t flat
45% 40% 35% 30% 25% Guess 20% Actual 15% 10% 5% 0% Phone Calls Immigration Direct Investment Export to GDP Ration Perception vs. Reality Source: Pankaj Ghemawat author The world isn t flat
Which country of the pair has the highest child mortality rate Sri Lanka or Turkey Poland or South Korea Malaysia or Russia Pakistan or Vietnam Thailand or South Africa
Which country of the pair has the highest child mortality rate Sri Lanka or Turkey Poland or South Korea Malaysia or Russia Pakistan or Vietnam Thailand or South Africa
When armed with the right data and presented in the right way you can change the world Dr. Hans Rosling Quantitative Analysis meet Saturday Night Live http://www.ted.com/talks/hans_rosling_shows_the_best_stats_you_ve_ever _seen.html www.youtube.com/watch?v=usdJgEwMinM
New Paradigm - Convergence Preconceived Ideas vs. Factual Evidence: Business Social Policy Economics Prices at Dunkin Donuts vs. Starbucks Data Set + Mindset X Perspective = Business Reality
What do I mean by Mindset? Let s play cards and find out
A Final Thought on Mindsets & Perspectives Transmission: Please divert your course 15 degrees north to avoid a collision. Response: Recommend you divert YOUR course 15 degrees South to avoid a collision. Transmission: This is the captain of a U.S. Naval Ship. I say again divert your course! Response: NO.. I say again, divert YOUR course. Transmission: THIS IS THE AIRCRAFT CARRIER ENTERPRISE. WE ARE A LARGE WARSHIP OF THE U.S. NAVY. DIVERT YOUR COURSE NOW! Response: This is a lighthouse. Your call
No matter where you come from and regardless of how much data and power you may have, sometimes you just have to change directions!
Deviance: To stray from an established course or norm Webster s Dictionary Normative Performance or Behavior Desired State Negative Deviance Positive Deviance Energy Spent Energy Created Problem Solving vs. Abundance
Comparing Approaches to Change Source: Cooperrider, 2001 PROBLEM SOLVING APPROACH ABUNDANCE APPROACH Define the Problem Specify problems or needs Analyze Determinants Identify symptoms and root causes Identify Solution Generate alternatives that address problems Plan and Implement Design interventions that address or solve problems BASIC ASSUMPTION: Our job is to overcome major problems, challenges, and obstacles. Identify Peak Performance Recount spectacular experience Explain Success Identify enablers of the best past successes Create Sustainability Identify what should be continued in the future Design a Future Design interventions that create an ideal future BASIC ASSUMPTION: Our job is to embrace and enable our highest potential.
