The 2 Crucial Disadvantages of Big Data

The 2 Crucial Disadvantages of Big Data

What are the disadvantages of big data? At what point does data get in the way? In Everybody Lies, Seth Stephens-Davidowitz warns that good data science isn’t just a matter of amassing a giant data set. When working with data, he says it’s important to keep data’s shortcomings in mind and not lose sight of the bigger picture. Read more so you can be aware of big data’s disadvantages.

Tribal Leadership: Book Synopsis & Key Takeaways

Tribal Leadership: Book Synopsis & Key Takeaways

What’s a tribe? How do tribal cultures develop? What does a tribal leader do? In the book Tribal Leadership, Dave Logan, Halee Fischer-Wright, and John King contend that organizations succeed or fail on the strength of their tribes—groups of individuals with shared social norms and ways of working. They argue that you can improve your organization by elevating the cultures of those tribes. If you implement their strategies, the authors say you’ll improve both your bottom line and the happiness of your employees. Take a look at our overview of the book, and see what you can apply to your

Is Obesity a Choice or a Disease? Doctor Explains

Is Obesity a Choice or a Disease? Doctor Explains

Why shouldn’t we blame obese patients for being dangerously overweight? Is obesity a choice or a disease? To answer this question, we must first understand the root cause of obesity. If obesity is caused solely by eating too much, then we could indeed attribute it to personal choice. However, the prevailing view of obesity as a problem of uncontrolled eating is simplistic and limited. Ultimately, obesity is a hormonal disorder. Here’s why obesity is a disease rather than a problem of self-control.

Stephen Covey’s Trust Equation: Trust Adds Up

The Millionaire Next Door Formula for Net Worth

What is Stephen Covey’s trust equation and how can you use it? How does measuring trust help you predict your success? Stephen Covey outlined the trust equation in his book The Speed of Trust, a guide for leaders and individuals teaching the importance of cultivating and leveraging trust in relationships. The trust equation creates a simple way for readers to determine the likelihood of success based on the factors of trust, strategy, and execution. Keep reading for an explanation of Stephen Covey’s trust equation, including how to apply it to your own situation.

Coaching Your Work Team: Management Tips

Coaching Your Work Team: Management Tips

How you can keep your work team’s performance high? What is the most effective way to coach your team? In The Making of a Manager, Julie Zhuo emphasizes the importance of building trust with your team by coaching them. To do this in the best way possible, you need to demonstrate that you care and give or request feedback. Let’s look at Zhuo’s advice for coaching your team to victory.

Understanding the Limitations of Descriptive Statistics

Understanding the Limitations of Descriptive Statistics

What is descriptive analysis? How do descriptive statistics help us make sense of data? What is the main pitfall of descriptive statistics as a research tool? Descriptive statistics take information in a data set and condense it into a meaningful figure like an average or percentile. Descriptive statistics help us summarize and describe data, characterize relationships, and make predictions. While descriptive statistics can help us make sense of data, they should be used with caution: Descriptive statistics tell us what happened, but they don’t necessarily tell us why. Keep reading to learn about the limitations of descriptive statistics.

Calculating Investment Risk Using Probability

Calculating Investment Risk Using Probability

How do you calculate investment risk? What do you need to know to calculate the expected payoff of a financial investment? Investors often use probability to assess risk when making financial decisions. This is typically done with a statistic called an “expected value.” To calculate the expected value of a financial investment, you need to know the probability of each possible outcome and its respective payoff. Here’s how to use the expected value statistic for calculating investment risk.

Steven Kotler’s Flow State: Regain What Drives You

Steven Kotler’s Flow State: Regain What Drives You

What is Steven Kotler’s flow state? Why does it help you achieve your most difficult goals? How can you get into a flow state? Bestselling author and journalist Steven Kotler wrote The Art of Impossible to share his step-by-step process for developing peak performance habits that will help you to achieve your most ambitious goals. Following Kotler’s process to achieve a flow state leads to better performance in all aspects of your life, including physical and mental performance. Keep reading to find out Steven Kotler’s three steps for getting into a flow state.