GARY KAPANOWSKI: Lessons for first female president watching election

Rochelle Riley’s article is a nice first step to understanding how the presidential vote was casts, especially in Michigan.  Using our “lean” eyes, several interesting why should appear after reading the article. Why did women not vote as a block to support her presidency? Were their different segments of the population not treated as a […]

GARY KAPANOWSKI: Why the Financial Crisis Took Economists By Surprise

This article is an excerpt from Alan Greenspan’s latest book, “The Map and the Territory: Risk, Human Nature, and the Future of Forecasting”.  As Lean Six Sigma professionals, we also value data and statistical modeling to solve problems.  We need to realize as Greenspan indicates don’t discount the negative tail in your analysis or the […]

GARY KAPANOWSKI: World faces 40% water shortfall in 15 years

Get ready for the pain and possible alliances.  With the world map indicating the areas with concentrated resources, it is easy to see why these areas are in power today, but this could change in the near future.  Water is the life source. Without it, countries will not sustain and will die.  There are many […]

GARY KAPANOWSKI: David Weidner Opinion Article on Ben Bernanke is just wrong

It is very common in the financial press to just blame the people that are in the position of doing actions. Hey why not, who’s is going to call them out to take responsibility for their opinion columns.  In this case, it’s like blaming the canary for dying in the coal mine.  The real root […]

GARY KAPANOWSKI: Social Security data says 6.5M in U.S. reach age 112

The data is the data when it’s not the data…. As a rule, when data is collected from any source, either known or unknown, all professionals need to apply sensitivity analysis to verify the data’s accuracy.  This article proves this point clearly.  The data collected was social security information in which the birth date is […]

GARY KAPANOWSKI: Why the Financial Crisis Took Economists By Surprise

This article is an excerpt from Alan Greenspan’s latest book, “The Map and the Territory: Risk, Human Nature, and the Future of Forecasting”.  As Lean Six Sigma professionals, we also value data and statistical modeling to solve problems.  We need to realize as Greenspan indicates don’t discount the negative tail in your analysis or the […]

GARY KAPANOWSKI: Breaking down who earns the minimum wage

This is a great study on the data behind the minimum wage.  As we know, the President’s statement of people living on $15,000 a year if applied the minimum wage to full time employees is the real question.  How many people does this incorporate? 3.3 million or 2.4% of total US workers in 2013 earned […]