Stay tuned – October is coming

Friends, it’s been a fun end of summer. Our family moved houses, kids started a new school, my wife and I celebrated 20 years of marriage, family took a vacation to Disneyworld, and I have gotten drastically behind in blogging. I plan to start fresh in October with a weekly blog. Stay tuned! Thank you for your patience! Dave

Become a data analyst in four simple steps!

During the most recent election season I would see numerous polls telling me what the population believes. I remember a specific poll that showed a significant portion of the population held a view that I did not hold, and it startled me a bit. So, I looked the analysis up, and found that the poll was of 1,000 people across a three state area in the New England area. I thought to myself, 1,000 people? Is that really a true sample size of the 350+million Americans who have an opinion?

Whether you are looking at political polls, compiling big data, reading a magazine, watching a documentary, or even studying the Bible, I encourage applying these steps to understand the information.

When it comes to data or information analysis, focus on these four steps:

Collection, Interpretation, Application, and Communication

The steps are outlined below with an example of telling time:

  1. Collection – Gathering as much data as necessary to answer – What does the data say?
    • 9:45 pm
  2. Interpretation – The process of reviewing, validating, and even collecting more data, to answer – What does the data mean?
    • Everyone should be in bed in 15 minutes
  3. Application – The result of interpreting the data will lead to a conclusion which will answer – What does the data tell me to do?
    • I need to let everyone know to start getting ready for bed
  4. Communication – The process of translating the collected data to an impacted audience you need to answer – How do I tell people what the data means?
    • Exclaim, “It’s 9:45 people….get ready for bed. Turn off your electronics, brush your teeth, and put on your pajamas!”

Regardless of what you are analyzing the process is the same.

The hardest part of analysis is to simply follow the process.

Each step has it’s own challenges, key points, and implications for skipping the step.

Collection – Too much time collecting data can overwhelm the interpretation process. You must learn to weed out bad or irrelevant data. If you skip this step you are simply making things up.

Interpretation – The more variables there are in the data, the more complicated this process becomes. Too few data points may lead you to a false conclusion. You must identify the key variables, and consider multiple alternatives or ways to apply the information. If you skip this step everything else is simply your opinion and you may never know if you had the right information.

Application – There are always other factors you could not know or predict. Based on what you know, it is important to identify what you believe is the best option.  If you skip this step you have nothing to communicate.

Communication – People will consume and interpret information differently, so there is not a simple answer here. Some will want to see all the data, how you interpreted it, all the alternatives you considered, and why you decided on your application. Others will want the concept and the soundbite. A big risk is to communicate misleading soundbites. You must identify your audience, and the level of information you want them to consume, or that they need to consume. If you skip this step then you are the only person who knows what the data is saying.

Using these steps will not only make you a better analyst, it may also make you question or understand the analytical results you hear from others.

Comment – What other ways do you interpret information?

Productive weeks are like separating oranges

Do you have a lot of messy work weeks? Do e-mails and meetings hinder you from a productive work day?

If so, I recommend an honest review of your work by what I will call the “principle of separation”. It’s like an orange. Separating an orange the right way leaves a beautiful wedge for eating. Separating it the wrong way leaves your hands sticky and everything messy.

Continue reading “Productive weeks are like separating oranges”

Why you will never earn what you are worth

Why you will never earn what you are worth!

My heart was broken after a conversation I had with a young, well paid and respected executive. He was told in school that if he doesn’t double his pay every two years then he is failing at growing his career. For most of his career his pay had doubled at least every two years. What the instructor failed to tell him was what it would cost him. His family suffered greatly.

In that moment I wish the instructor had a different message:

You are more valuable than your paycheck!

Continue reading “Why you will never earn what you are worth”

God hid my checkbook!

It was about 1998, and Missy (my wife) and I had lost our checkbook. We looked everywhere. Emptied her purse, cleaned out the car, and pulled the cushions out of the couch. It was gone.

We didn’t have any debit card, and the idea of a smartphone was a long way off. We had no way to buy anything without going to the bank and pulling out cash.

And the worst part, the youth group leaders we were working were inviting us to dinner after church. We told Terry that we would love to go, but we had lost our checkbook. Terry understood, and prayed. Then, another couple offered to buy our food that evening.

We pulled up to Ponderosa in Grandview, MO.  I opened the car door, and the long lost checkbook literally fell out of the car onto the ground!  WHAT? We had cleaned the car. I had gotten in the car through the same door. How did this happen?

I believe a few things took place that Sunday. Continue reading “God hid my checkbook!”

FlatlandDave is coming soon!

Hey friends, I am going to start blogging in June at FlatlandDave.com

Sign up below to get notified when I post!

My first blog will be June 1, and will explain why I am blogging, and what my blogs will generally be about.

After that, I will post on Sundays and Wednesdays.

Hope you have a great week!

Love and blessin’s,

David

Send me your blogs!