Table of Contents
Managing by the Moments working paper, draft, 110698 Alpheus Bingham, PhD Vice President, Eli Lilly and Company
PPT Slide
PPT Slide
Management Taxonomies "how do we classify the management process(es)"
Katz article
quote 1
1) We can create a hierarchal taxonomy of management that is founded in some "first principles." 2) Modeling tools can aid in developing individuals through that hierarchy
"People have a pretty good sense of the first (statistical) moment but intuition fails them at the second and beyond"
"Just tell us…. is it two?"
"Should I do anything different on Monday?"
Are modeling and management completely independent activites?
What's a model?
What do managers manage?
Stuff may ride on a carrier wave...
What's stuff ?
Can we systematically look at how stuff is managed?
We can logically analyze stuff in hierarchal order
Is there any connection between the analysis of this data (modeled or real) and "real world" activities that constitute management
Review of Moments
Enough math...
Mean Management
Mean Management
Variance Management
Skewness Management
Kurtosis Management
Binary Management
Frequency Management
Fitness Management
Slide from SFI paper
PPT Slide
quote 2
Moment Management
Proposed: The moment hierarchy maps to performance.
Proposed: Modeling can move managers to higher levels through virtual experience.
Model can only inform at or below the level at which it was created.
Where next? -- Meta Management or Managing the Management (not the same as managing the managers)
PPT Slide
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