Statistics for Qualified Decisions

Statistics for Qualified Decisions

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You can’t manage anything that you don’t measure That’s the general principle valid in every area of life Last week I met one Director of Engineering of luxury remote island resort He just took over the department and jumped straight to budget preparation including manning He is lucky man because the resort is using sophisticated maintenance management software for more than four years So I helped him to generate work orders summary report and the report has shown the number of work orders for each Engineering section is almost same all the time. The decision about manning was very smooth and accurate because was done base on historical date. Thanks to proper decision the resort saves tens of thousands dollars. This case has shown me again how digitalization of processes saving money.

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