“The world is wide, and I will not waste my life in friction when it could be turned into momentum. Frances E. Willard I am Jerry Garrett once again, and this week I have a very interesting subject to share with you: friction. Having said that, what exactly is friction? The meaning of this word…

“Typically, causes, inputs, or effort divide into two categories: (1) the majority, that have little impact, and (2) a small minority, that have a major, dominant impact.” Richard Koch Hey there, it’s me, Jerry Garrett, and today we’ll dive into another MBA topic – the Pareto Principle. Let’s get started. The Pareto Principle, also known…

The eye sees only what the mind is prepared to comprehend. Robeartson Davies Hey, it’s me, Jerry Garrett, and I’m here to discuss an MBA topic: Intervention Bias. Let’s delve deeper into this intriguing concept, shall we? Picture this: a problem arises in a system, and Intervention Bias tempts us to make unnecessary changes. Why?…

“Correlation isn’t causation, but it sure is a hint.” Edward Tufte Hey, it’s Jerry Garrett, back with another MBA topic this week. Let’s dive into correlation and causation. First up, causation. Let me paint you a picture to make it easier to grasp. Imagine you’re sick, take medicine, and voilà, you’re healed. That’s causation –…

Hey there! It’s Jerry Garrett, back with another post. This week, let’s chat about Key Performance Indicators (KPIs). You see, not everything you measure holds equal importance. KPIs are those critical measurements that truly matter. The trouble with measuring is that if you track too much, you’ll find yourself drowning in a sea of useless…

“If you don’t believe in sampling theory, next time you go to the doctor and he wants to take a little blood, tell him to take it all.” – Gian Fulgoni Hi, this is Jerry Garrett, and I’m back with a post for this week that should be of interest to you. The topic of…