Quality is much different than quantity. It includes sensations and feelings from interviews, discussions, and narrative stories that are difficult to turn into specific numbers.
Although it takes more time to collect, qualitative data is extremely helpful because it provides a depth of understanding about very complex problems.
Continue reading “15 More Places to Look for Strategic Risk in a Company: Qualitative”
There are many places to look for signs that something in your company needs to be adjusted.
In this post, I’ll share 20 different places where your business can look to avoid a potential catastrophe. I also explain how to evaluate these sources for vulnerabilities, and which questions to ask.
Continue reading “20 Excellent Places to Look for Strategic Risk in a Company: Quantitative”
Nobody wants to talk about it, but… should you quit?
In this episode, Grace explains the two ways to approach every business decision and 4 ways to face a difficult problem (based on a famous song by Kenny Rogers!)
Continue reading “How to Tell if It’s Time to Quit [Podcast]”
In addition to reviewing hard numbers (quantitative) and experiences (qualitative), the Mixed Method combines them both. This approach offers extremely valuable insights about what could be going wrong in a company.
Continue reading “Interpreting a Mixed Method Data Evaluation in Your Business”
This is a guest post written by Carla Lopez, owner & CEO of Boomer Biz.
When a business venture doesn’t go quite the way you planned, you may be left feeling as though you’ve failed, which can be difficult emotionally.
You may even feel the onset of depression or anxiety, and many entrepreneurs have found that their self-esteem took a hit once they were forced to admit to themselves that they couldn’t make things work.
Continue reading “How to Bounce Back After Your Business Closes”
Numbers alone don’t tell the whole story. In addition to Quantity, we also need to look at Quality such as feedback, interviews, case studies, and narrative analysis.
Continue reading “Interpreting the Qualitative Data (Experiences and Emotions) in Your Business”
Many of us get stuck in a bad cycle where we try to get results, but we end up feeling powerless to actually get the tasks done.
Let me share what I have learned about helping customers, and why it’s better to define your philosophy, write out policies & procedures, and expect at least a few people to be unhappy no matter what you do.
Continue reading “6 Things I’ve Learned After Serving Non-Ideal Customers”
Your “model” buyer, client, or customer is someone whom you target because she or he has several characteristics. I will explain each of these below.
Continue reading “Who are Ideal Customers, and What Do They Look Like?”
Are you wondering how to tell the difference between data that are based on numbers (quantitative) and those based on sensations and experiences (qualitative)?
Many business owners find it difficult to make the distinction… which can lead to frustration, overwhelm… and eventually to a business that is vulnerable to threats that could cause irreparable harm.
Continue reading “How to Understand the Quantitative and Qualitative Data in Your Business”
As part of my Year In Review, I kept track of how many books I was able to read. Compared to last year, I finished fewer books (21 books versus 26 last year). But although less of my time in 2018 was spent reading, I chose to delve into a few subjects that took more effort to get through.
Continue reading “My Honest Review of the 21 Books I Finished in 2018”