Amazon has always intrigued me. Even in the early days when the reach seemed omnipresent--I read how they were not and had never been profitable. Financial pundits pondered their longterm viability and observed with arched eyebrows. Think about Jeff Bezos and his slow burn methodological focus on investing to attain long-term market leadership rather than short-term profitability. In my case, it would be easier to write the words or analyze the numbers focused on a singular objective dictated to me by clients. Those clients are easy to find. They know what they want to say and want you to find the data to support it. Low hanging fruit is often overly ripe and pest ridden--move on.
So this year, I read only one shareholder letter. Yup, you guessed it. The line that grabbed me, "A remarkable customer experience starts with heart, intuition, curiosity, play, guts, taste."
Here is Jeff Bezos Shareholder letter.
Data & donuts does not have shareholders but patrons, sustainers, and supporters. Many are fiduciary but many send positive notes, invite connections, introduce themselves after presentations, and are true collaborative partners. This quick note is for all of you.
This year has brought many opportunities and realizations. We are spinning off a data analytics function because you asked for it. My initial goal was digital media--tell stories and start conversations but along the way the requests for collaborations became too frequent to ignore. Datamonger.health will serve that role--connect over on twitter and we will keep you in the loop datamongerbonny.
Good process serves you so you can serve customers. But if you’re not watchful, the process can become the thing. This can happen very easily in large organizations. The process becomes the proxy for the result you want. You stop looking at outcomes and just make sure you’re doing the process right. Gulp.
It’s not that rare to hear a junior leader defend a bad outcome with something like, “Well, we followed the process.” A more experienced leader will use it as an opportunity to investigate and improve the process. The process is not the thing. It’s always worth asking, do we own the process or does the process own us?--Jeff Bezos
I was recently invited to attend a major statistical conference. I listen and ask questions for clarity or context. I jot down mathematical models or terms I want to revisit later. The clear winner is heteroscedasticity. Especially if like me, you never met a scatter plot you didn't like...
The main goal is to have a front row seat at discussions relevant to the evolving data fueled economy in healthcare. We can all read articles and headlines but what if we had the opportunity to not only ask questions--but question answers?