Our weekly thoughts and general ramblings about everything related to business – from industries and investments to management and operations.

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Weekly Thoughts: 98 Degrees

Here is something that caught our eye this week: 98 Degrees Just when you think you know something   Anybody with children knows how quickly plans get thrown out the window when a kid wakes up with a fever (for those without, any childcare or school plan is destroyed...rapidly).  So, knowing where your kid is relative to the 98.6-degree cut-off can become quite a focal point. This week we learned that the age-old “normal” body temperature of 98.6 is not necessarily as iron-clad as we thought. The 98.6 threshold became the standard based on research conducted on 25,000 patients in 1869 by

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Weekly Thoughts: The Average Man

Here is something that caught our eye this week: The Average Man Turns out, measuring customer satisfaction on a scale of 1-10 isn't a silver bullet   Some thoughts, first posted in 2016, about what it means to be average.      Today, the concept of using an average to understand data is second-nature and impacts almost everything around us — building codes, furniture dimensions, clothing sizes, standardized tests, infant growth charts, and stock market indices.  However, few people know anything about Adolphe Quetelet, a 19th century Belgian mathematician and astronomer who pioneered the statistic. Quetelet was first introduced to the “method of averages” through

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