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July 2018

Viewing posts from July , 2018

The Sure-Fire Way to Measure Your Company’s Productivity

When we think of the word “statistics” we think of complex mathematical summations of values, quantity or quality in certain areas. In this world everything is measured by statistics. In fact, we are so used to quoting statistics to back up opinions or facts, for example, “percentage of this” or “number of that”, that we even complain when these statistics are omitted. Examples are the number of traffic accidents at a specific intersection, or the percentage of crime growth in US States,  or what sections of society eat organic foods, etc. PR agencies rely on statistics for market analyses and customer behavior. In other words, a complicated and somewhat forbidding subject which requires years of study. Or not?

The truth is, the subject of statistics is not complicated at all. Anyone can understand and use it.

In his article Basic Management Tools, L. Ron Hubbard defines it as follows: “A statistic is a number or amount compared to an earlier number or amount of the same thing. STATISTICS refer to the quantity of work done or the value of it in money. Statistics are the only sound measure of any production or any job or any activity.”

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