Project Management/Project Risk is the #1 Measurement Challenge

According to our recently completed “Measurement Challenges” survey, project risk and project management-related issues are the #1 most frequently identified measurement challenges, followed closely by change management and organizational transformation.  The survey also showed that while only half have received training to address these problems, the majority feel they need training in statistical methods or even the analytical methods provided in Excel. This is a brief summary of the findings of that survey. (more…)

Feeling the Beat

Oracle, PROFIT, 2012

“Google searches, Twitter feeds, and even Amazon sales ranks produce a lot of data—data that can be used to identify trends in real time and help business leaders get ahead. ‘There’s a revolution in data about society,’ says Douglas Hubbard, author of Pulse: The New Science of Harnessing Internet Buzz to Track Threats and Opportunities (Wiley, 2011). Here Hubbard tells Profit what the pulse is—and how to find it.” [view article]

Reversed columns in regression example

On page 173 of the 2nd edition of How to Measure Anything, I show a formula for estimating ratings points of a TV show based on the correlation to weeks spent promoting the show.  The formula shown is actually an estimate of promotion weeks based on ratings points instead of an estimate of ratings points based on promotion weeks.  The correct formula should be

Ratings points = 0.215*promotion weeks + 0.877.

The subsequent estimate of ratings points from 10 weeks of promotions should then be about 0.215*10+0.877 or 3 ratings points.

Doug Hubbard

Tim Peter for Marketing

I talked to someone who has both a vision as well as an impressive track record for marketing.  Tim Peter (www.timpeter.com) describes his services on his website as “proven solutions to improve your e-commerce results and your Internet marketing”.

I came across his site because I got a Google Alert on a flattering review he had written for How to Measure Anything and another review he wrote for Pulse on his blog (so, yes, I might be a bit biased in my review of Tim).  But my first impression was actually when I checked his sites rank on Alexa.com.  Checking the Alexa.com rank is now a habit I have when anyone who asks me for a radio interview, to contribute content in some way, or if I see any review of my books I read in blogs.   I found that for someone who has only been in business for 6 months, his traffic outranks many small SEO and marketing firms.  His traffic also is higher than mine and I’ve been promoting my site and the services described on it for many years.

After confirming his credentials on Alexa, I gave him a call and we talked for a while about his area of expertise.  He seemed to me to have a lot of insight in the issue of webmarketing and he tries to measure it – which, as you know, makes me a fan of what he does.  Check out his site and talk to him if you are looking for that kind of service.

Doug Hubbard

Subscribe To Our Newsletter

Subscribe to get the latest news, insights, courses, discounts, downloads, and more - all delivered straight to your inbox. 

You are now subscribed to Hubbard Decision Research.