Walter Reade .net

Business Geek, Family Geek

You've found your way over to Walter Reade's online page. This is my place to put just about anything I'm interested in. Feel free to look around! I'd love to hear any questions or comments you have on my blog entries!

20 July 2011 0 Comments

Paraprosdokians

SmileyI learned a new word today – Paraprosdokian!

From wikipedia:

A paraprosdokian is a figure of speech in which the latter part of a sentence or phrase is surprising or unexpected in a way that causes the reader or listener to reframe or reinterpret the first part.

Here are some favorites I’ve pulled from various sources:

  • Some people are like Slinkies … not really good for anything, but you can’t help smiling when you see one tumble down the stairs.
  • The voices in my head may not be real, but they have some good ideas!
  • When tempted to fight fire with fire, remember that the Fire Department usually uses water.
  • I haven’t slept for ten days . . . because that would be too long.
  • If I could say a few words, I’d be a better public speaker.
  • Nostalgia isn’t what it used to be.
  • I like going to the park and watching the children run around because they don’t know I’m using blanks.
  • She looks as though she’s been poured into her clothes, and forgot to say ‘when’.
  • I’ve had a perfectly wonderful evening . . . but this wasn’t it.
  • I want to die peacefully in my sleep, like my grandfather, not screaming and yelling like the passengers in his car.
  • The last thing I want to do is hurt you. But it’s still on the list.
  • Knowledge is knowing a tomato is a fruit; Wisdom is not putting it in a fruit salad.
  • To steal ideas from one person is plagiarism. To steal from many is research.
  • A bus station is where a bus stops. A train station is where a train stops. On my desk, I have a work station.
  • I didn’t say it was your fault; I said I was blaming you.
  • A clear conscience is usually the sign of a bad memory.
  • Change is inevitable, except from a vending machine.
11 July 2011 0 Comments

Eternal Flame Falls

As part of our trip to Buffalo, NY, we took a hike to Eternal Flame Falls, which is located in Chestnut Ridge Park.

A small cave at the waterfall’s base emits enough natural gas to create an on-going 6-inch flame. Here’s a picture of the flame and then a Photosynth panorama I took with my iphone (using the Photosynth app).

Here are a few other pictures I took along the way.

7 July 2011 0 Comments

Fourth of July in the UP!

Our family spent the Independence Day weekend in Houghton, MI. We stayed with our long-time friends, the Shaws. It’s always a party with 4 adults, 6 children, and 2 dogs staying in one house!

This year, we took a hike up to Hungarian Falls. It was a nice hike, with lots of sharp drops-offs that provided the kids plenty of opportunities to startle the adults.

After the hike, we watched the fireworks at Lake Linden. It was quite an impressive show for an economically-depressed small town in Michigan. Stimulus money?

8 June 2011 0 Comments

Conversion Confidence Intervals

Almost all online campaigns need to be optimized. While there are a number of software packages available to assist you with this, most beginning internet marketers do it manually.

One of the most common questions is, “When do you know whether a test was successful or not?”

The precise answer is, “It depends.”

Obviously, the more data you collect, the more information you’ll have and the better decisions you can make.

But this is expensive.

You can run very short tests to save money, but the chances you’ll make bad decisions increases considerably.

There is a free online tool you can use to get a better feel for the statistical significance of a test you run. In other words, it will estimate the range of your result, allowing you to decide if it makes sense to continue a test.

The website is the Exact Binomial and Poisson Confidence Intervals page. (Don’t let the title scare you. It’s easy to use.)

Here is how you can use the page to determine whether you should stop or continue a test.

First, scroll to the bottom of the page and change the confidence interval from 95 to 90%. While 95% might be good for scientific research, it is just too expensive for most of the internet marketing you’ll be doing. (A 90% confidence interval means you’ll only be wrong about your decision 1 time out of 10.)

Binomial Confidence Interval

The actual calculation is easy. Go to the Binomial Confidence Interval section of the page. Enter the number of conversions you got from your landing pages in the top box, and the number of visitors to your page in the bottom box. Then click compute.

You’ll get back the exact ratio (in this case, 0.030, or 30%). The important numbers are below that. They represent the upper and lower estimate of how your page actually converts.

In this case, if you get 3 conversions after 100 visitors, your actual conversion may be as low as 0.8% and as high as 7.6%.

Binomial Confidence

So, should you continue your test? It depends!

If you’ve calculated an acceptable ROI at 4% conversion, it totally makes sense to continue the test. On the other hand, if you need a 7% conversion for an acceptable ROI, it probably makes sense to stop the test.

Have any questions? Leave them in the comments and I’ll get back to you!

12 May 2011 0 Comments

Lean Has a Short Half-Life Without Intense Involvement Of The CEO

Yes, both of these are real fears for those of us heavily involved in a lean transformation.

When we hit the wall one of two things happens.  Sometimes the lean program gets a back seat and dies a slow death and in other cases the CEO wants lean spread fast with direct accounting for bottom-line results.  Then we get cookie-cutter lean (e.g., spread the kanban, standardized work sheets everywhere, etc.) and managers who are accountable for results or else.  Often that means lean audits of various kinds.

Jeff Liker: Lean Has a Short Half-Life Without Intense Involvement Of The CEO » The Lean Edge.

12 May 2011 0 Comments

Deming Quote

"Until the [collective mindset] appreciates the concept of 'process”' and eradicates blame, true improvement will not take place."
@flowchainsensei
Bob Marshall
12 May 2011 0 Comments

Twisted Dazzle at the Sole Burner

Twisted Dazzle, the band for which my daughter Emily is the drummer, got to play outside in downtown Appleton, Wisconsin, to help “motivate” the runners of the May 7, 2011 Sole Burner up the hill by Lawrence University. It was a perfect day, and they sounded great! Here’s one of their new cover songs – Let’s Get the Party Started by Pink.

During the end of their performance, they had a fun surprise visit from the Harmony Cafe Coffee Cup mascot!

Twisted Dazzle - Harmony Cafe Coffee Cup

4 May 2011 0 Comments

The cover up . . .

I'll bet it was really Chuck Norris that killed Bin Laden.
@WalterReade
Walter Reade
3 May 2011 0 Comments

Systems Thinking

Systems Thinking

Here are some basics of Systems Thinking that I pulled together for some colleagues recently.

A process is a series of steps intended to achieve a specified output.

A system is two or more processes where the behavior of each process has an inter-dependent effect on the behavior of the whole. (You can’t change one without affecting the other.)

Processes focus on completing tasks . . . Systems are goal seeking and therefor adapt to changing conditions. (Organizations that focus on completing tasks rather than achieving goals are called bureaucracies.)

A system’s effectiveness as much on the health of the individual processes as it is on the interactions between the processes.

You can’t understand a system by taking it apart. (Example: You can’t understand what a human is by studying the heart, lungs, etc., in isolation. You understand the heart by understanding its function, as well as its effect on other functions of the body.)

Systems are only understood by knowing the purpose of the system as well as the functions of the system, i.e., why things operate as they do. You must understand the ‘why’ before you can design an optimal ‘how.’

You can’t optimize a system by optimizing (problem solving) the parts.

The parts must be designed to optimize the whole. You can only do that if you know the target condition of the system.

In order to understanding, design, or think about a system, you must consider:

  • What is the objective of the system overall?
  • What is the pathway design of materials, information, and services?
  • What are the connections between process steps?
  • How do people do their work at each process step?
  • Each of the design elements must be self-diagnostic. (Jidoka!) Every time a system has a problem, it is an opportunity to better design the pathways, the connections, or the activities.

You can’t design a perfect system, only discover one.

Systems Thinking – Additional Reading:

I’d love to hear any thoughts or recommended reading you may have on systems thinking!

1 May 2011 0 Comments

Task Analysis – Creating Unstoppable Success for Your Business

I’ve been fortunate to have attended the last two System Seminars on Internet marketing. Ken McCarthy, who puts on the seminar, was one of the original pioneers to promote the opportunity of marketing on-line. He sponsored the first conference on the subject in 1994 with the cofounder of Netscape Mark Andreessen.

I attended my first system seminar in 2010, held in Chicago, as well as in 2011, when it was held in New York City. (The 2011 event was the last System Seminar open to the public!)

In the year between the two seminars, I participated in the weekly Smart Beginners coaching course. This training takes you, hands-on, through the basics of Internet marketing. We covered such topics as WordPress blogs, article publishing, auto responders, getting traffic, etc.

Towards the end of the year, it became clear to me that one of the largest barriers for somebody trying to market online is not with learning any of the parts or pieces. Rather, the challenge is putting all the parts and pieces together into a cohesive whole that works. Or, if things don’t work, figuring out what peace needs to be strengthened.

I volunteered one Saturday morning to take the class through a method that I use to simplify work processes. The method is generically called hierarchal function analysis, but it also goes by different names such as task analysis. While there are a number of different flavors of the method , the basic idea is that you link together what you want to accomplish with why you are doing it, and then specify how to do it. By linking activity to purpose, and purpose to activity, you ensure the most effective use of your time as well as identify those areas in your process that need to be strengthened.

I’m posting the video below in its unedited form so that others can benefit from this training. You can download the Task Analysis slides here.