Dr. Deming on Variation
Introducing common cause vs special cause variation from Dr. Deming's book "A New Economics".
The first episode of a few episodes discussing Dr. Deming's works.
Adam recaps a principle of Dr. Deming's "System of Profound Knowledge": understanding variation. There are two types of variation: common and special causes. Misunderstanding the type of variation leads to wasted effort and lost resources. Understanding variation helps optimize system performance.
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Links
- Adam Hawkins on Twitter
- Adam Hawkins on LinkedIn
- Adam Hawkins' website
- The New Economics by Dr. Deming (Book)
- Episode Transcript
- Profound Podcast
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