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  • Atricle Dump - Should we Believe the Experts? (Part II)

    Make Your Joint Venture Deals Immune To Unethical Partners Who Want To Cheat You Out Of Money
    If you actively work a lot of joint venture deals, or are planning to do joint ventures in the future, then it's just a matter of time before someone tries to cheat you out of money one way or another.That doesn't mean you shouldn't do joint ventures, but fact is if you do enough of them, with enough different people, it's only a matter of time. Especially when big money is involved and people start acting differently.And if you think people aren't going to act differe
    requency counting is ill suited to the analysis of qualitative data. Consider the following example.

    Bill, the duck used his bill to pull a bill out of his pocket to pay the bill and then reconsidered and very angrily said: “Bill me!”

    Frequency counting will argue that BILL is the most important word in this sentence. But which BILL is it? Is it the duck, the beak, the money, the tab, or the charging action? All five BILLs have different meanings and should not be considered as indicating the same idea. Adding them up to yield a frequency of five is like add

    Top 10 Tips For New Grads Seeking Their First Job
    Making the transition from college student to full-time member of the workforce can be a difficult time for many graduates. Many graduates will accept responsibilities for their own lives and their own financial support for the very first time. A surprising number of graduates are advised of the challenges of finding a good job in the current job market. Many graduates are advised to simply apply for and accept any job that comes to their attention. Unfortunately, far too many ne
    Should we believe the experts in business?
    In 1876, Alexander Graham Bell offered his telephone patent to Western Union, the largest telegraph company in America, for $100,000. A committee of experts was convened to decide on the company’s interest in the new technology. The decision was clear.

    “Bell’s profession is that of a voice teacher … yet he claims to have discovered an instrument of great practical value in communication, which has been overlooked by thousands of workers who have spent years in this field. Any telegraph engineer will at once see the fallacy of this plan. The public simply cannot be trusted to handle technical communications equipment … When making a call, the subscriber must give the number verbally to the operator who will have to deal with the persons who may be illiterate, speak with lisps or stammer, or have foreign accents or who may be sleepy or intoxicated when making a call … In conclusion, the committee feels that it must advise against any investment whatever in Bell’s scheme.” (Martin 1977, p 11)

    What was the cause of the blindness exhibited by the Western Union committee? Another common cause of expert misjudgment is the “numeration bias.” Experts, like all humans, tend to assign a value to an idea by the number of people who support it. On the one hand, Western Union had all the “thousand of workers who spend years in the field” and on the other, the lone Alexander Graham Bell, who wasn’t even an engineer, but a voice teacher. Who would you believe? Could you blame Western Union for dismissing the value of Bell’s patent? The implications of Western Union’s misguided intuition were profound. In 1877, when three thousand telephones were already in service, Western Union realized that they made a tremendous mistake, and in December of 1877, they set up the American Speaking Telephone Company, in clear violation of Bell’s patents. In September 1878, the Bell Telephone Company, which was founded in 1877 and owned Bell’s patents, filed suit against Western Union, and although the Bell Company was still a small fledgling company, while Western Union was a giant, it won the law suit and forced Western Union out of the telephone business.

    How is this example related to qualitative research? When analyzing qualitative data, analysts prone to the numeration bias tend to assign a value to an idea by the number of times it is mentioned in the data, a method known as “frequency counting.” However, frequency counting is ill suited to the analysis of qualitative data. Consider the following example.

    Bill, the duck used his bill to pull a bill out of his pocket to pay the bill and then reconsidered and very angrily said: “Bill me!”

    Frequency counting will argue that BILL is the most important word in this sentence. But which BILL is it? Is it the duck, the beak, the money, the tab, or the charging action? All five BILLs have different meanings and should not be considered as indicating the same idea. Adding them up to yield a frequency of five is like addi

    Media Training: What it is and Why It Just Might Save You
    Let’s start with what Media Training is not.It’s not spin.Media Training isn’t designed to teach those in the public eye how not to deal with the obvious, avoid blame or dance around difficult truths.What media training DOES do is help level the playing field for those facing the media, either for themselves or on behalf of others. To those outside the process, media training may seem like a way to “manage” the media. In fact, those inside the process know better
    cannot be trusted to handle technical communications equipment … When making a call, the subscriber must give the number verbally to the operator who will have to deal with the persons who may be illiterate, speak with lisps or stammer, or have foreign accents or who may be sleepy or intoxicated when making a call … In conclusion, the committee feels that it must advise against any investment whatever in Bell’s scheme.” (Martin 1977, p 11)

    What was the cause of the blindness exhibited by the Western Union committee? Another common cause of expert misjudgment is the “numeration bias.” Experts, like all humans, tend to assign a value to an idea by the number of people who support it. On the one hand, Western Union had all the “thousand of workers who spend years in the field” and on the other, the lone Alexander Graham Bell, who wasn’t even an engineer, but a voice teacher. Who would you believe? Could you blame Western Union for dismissing the value of Bell’s patent? The implications of Western Union’s misguided intuition were profound. In 1877, when three thousand telephones were already in service, Western Union realized that they made a tremendous mistake, and in December of 1877, they set up the American Speaking Telephone Company, in clear violation of Bell’s patents. In September 1878, the Bell Telephone Company, which was founded in 1877 and owned Bell’s patents, filed suit against Western Union, and although the Bell Company was still a small fledgling company, while Western Union was a giant, it won the law suit and forced Western Union out of the telephone business.

    How is this example related to qualitative research? When analyzing qualitative data, analysts prone to the numeration bias tend to assign a value to an idea by the number of times it is mentioned in the data, a method known as “frequency counting.” However, frequency counting is ill suited to the analysis of qualitative data. Consider the following example.

    Bill, the duck used his bill to pull a bill out of his pocket to pay the bill and then reconsidered and very angrily said: “Bill me!”

    Frequency counting will argue that BILL is the most important word in this sentence. But which BILL is it? Is it the duck, the beak, the money, the tab, or the charging action? All five BILLs have different meanings and should not be considered as indicating the same idea. Adding them up to yield a frequency of five is like add

    Agitators In The Office
    Rob hangs around when others are talking, always lingers a little after meetings, and just starts talking when people are working. His game is to get people talking whether they want to talk or not.Once people are talking, he jumps in or says something like, 'I could not help hearing what you were talking about.' Of course, he could help it. He made a point to hear. Nonetheless, he now expresses his opinion. Whatever the topic, he has an opinion.His opinion is that thin
    tend to assign a value to an idea by the number of people who support it. On the one hand, Western Union had all the “thousand of workers who spend years in the field” and on the other, the lone Alexander Graham Bell, who wasn’t even an engineer, but a voice teacher. Who would you believe? Could you blame Western Union for dismissing the value of Bell’s patent? The implications of Western Union’s misguided intuition were profound. In 1877, when three thousand telephones were already in service, Western Union realized that they made a tremendous mistake, and in December of 1877, they set up the American Speaking Telephone Company, in clear violation of Bell’s patents. In September 1878, the Bell Telephone Company, which was founded in 1877 and owned Bell’s patents, filed suit against Western Union, and although the Bell Company was still a small fledgling company, while Western Union was a giant, it won the law suit and forced Western Union out of the telephone business.

    How is this example related to qualitative research? When analyzing qualitative data, analysts prone to the numeration bias tend to assign a value to an idea by the number of times it is mentioned in the data, a method known as “frequency counting.” However, frequency counting is ill suited to the analysis of qualitative data. Consider the following example.

    Bill, the duck used his bill to pull a bill out of his pocket to pay the bill and then reconsidered and very angrily said: “Bill me!”

    Frequency counting will argue that BILL is the most important word in this sentence. But which BILL is it? Is it the duck, the beak, the money, the tab, or the charging action? All five BILLs have different meanings and should not be considered as indicating the same idea. Adding them up to yield a frequency of five is like add

    Parcel Shipping Services
    Parcel shipping services are provided by big industry players like FedEx and DHL. For example, FedEx has their ‘Smart Post’, while DHL their ‘At Home Service’. Together with UPS these three companies treat the U.S. as zones, and each zone is charged with different rates with consideration to the distance from the shipping points.There are also the independent players who provide parcel shipping services. These are commonly called the consolidators. These independent compani
    Company, in clear violation of Bell’s patents. In September 1878, the Bell Telephone Company, which was founded in 1877 and owned Bell’s patents, filed suit against Western Union, and although the Bell Company was still a small fledgling company, while Western Union was a giant, it won the law suit and forced Western Union out of the telephone business.

    How is this example related to qualitative research? When analyzing qualitative data, analysts prone to the numeration bias tend to assign a value to an idea by the number of times it is mentioned in the data, a method known as “frequency counting.” However, frequency counting is ill suited to the analysis of qualitative data. Consider the following example.

    Bill, the duck used his bill to pull a bill out of his pocket to pay the bill and then reconsidered and very angrily said: “Bill me!”

    Frequency counting will argue that BILL is the most important word in this sentence. But which BILL is it? Is it the duck, the beak, the money, the tab, or the charging action? All five BILLs have different meanings and should not be considered as indicating the same idea. Adding them up to yield a frequency of five is like add

    ISO 9000 Assessments
    Establishing standards is critical to the success of every business. That is why numerous companies go for ISO 9000 certification, which is a series of globally identified standards and rules that define an effective quality system. ISO standards themselves do not perform assessments or audits to ensure that they are applied by companies in conformity with the requirements of the standards.Many testing laboratories and certification bodies conduct independent assessment servic
    requency counting is ill suited to the analysis of qualitative data. Consider the following example.

    Bill, the duck used his bill to pull a bill out of his pocket to pay the bill and then reconsidered and very angrily said: “Bill me!”

    Frequency counting will argue that BILL is the most important word in this sentence. But which BILL is it? Is it the duck, the beak, the money, the tab, or the charging action? All five BILLs have different meanings and should not be considered as indicating the same idea. Adding them up to yield a frequency of five is like adding apples and oranges. Moreover, frequency counting will also tell you that the fact that BILL is very angry is not important since it only mentioned once in this sentence.

    Unlike structured quantitative data, qualitative data always includes a unique expression, voiced by a single individual, which “says it best.” This expression communicates an idea, or sentiment, that many share but only one can articulate. Therefore, when analyzing qualitative data, one should look for articulation rather than numeration. Otherwise, the analysis will produce misleading results and misguided intuition.

    Martin J. Future Developments in Telecommunications. Englewood Cliffs, NJ, Prentice-Hall, 1977.

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