The Dan Barrett Show The Life-Changing Magic of Understanding Variation, with Cedric Chin, Part 1
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Dec 18, 2024 Cedric Chin, a leading voice in business writing and creator of XMrit, dives into the transformative power of understanding variation in business. He discusses his journey from frustration with Excel templates to developing a groundbreaking tool for data analysis. Cedric emphasizes that progress is a marathon, not a sprint, and reveals how XMR charts can distinguish significant changes from normal fluctuations. Unlocking intuition through effective data interpretation may be the hidden superpower your business needs!
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Data-Driven Curiosity
- Cedric Chin's interest in data-driven companies stemmed from his content marketing work for a BI company.
- This experience exposed him to dysfunctional data usage and sparked a quest to understand effective data-driven practices.
Working Backwards Connection
- Cedric Chin's work summarizing the book "Working Backwards" led to a collaboration with Colin Breyer, Jeff Bezos's second "shadow."
- Breyer recommended Donald Wheeler's "Understanding Variation," a pivotal book about XMR charts.
XMR Chart Impact
- XMR charts fundamentally change one's perception of reality by revealing underlying patterns in data.
- They played a crucial role in quality improvement during World War II and the Japanese economic miracle.
