At the end of the day efficiency is math. And I once decided to be lazy and for a technical elective take the business version of a class I’d already taken the engineering version of. I didn’t expect the math to be at the same level, business bachelor’s don’t need stats 2 and calc 2, both of which came up in the engineering version. But when there were groans at finding a basic slope and arithmetic I knew I didn’t belong there. I should’ve taken circuits 2 instead, it would’ve at least not bored the hell out of me
Efficiency is math, but often it’s more than that depending on how it’s used. For example, I work in health care. We can apply lean principles and create a ton of efficiency on one aspect, but we will lose on others, like patient care, re-admissions, and quality. Math is correct, but it’s not everything. This is literally my job and I’m lean 6 sigma certified.
Also, for my business degree I took stats 2 and operational supply processing which was just stats 2 with application. So I’d say it depends on the school and degree. Didn’t need Calc 2, but I also took both a Calc with applied geometry and a business Calc. Business Calc was a joke.
We can apply lean principles and create a ton of efficiency on one aspect, but we will lose on others
The math can still handle your problems.
You have to consider all dimensions simultaneously when optimising. The problem then becomes one of judgement. How important is patient care vs quality vs re-admissions. Which should have the larger relative weight?
That’s not how it works in healthcare FYI. Bad patient care means people die, Bad quality means there are complications or infections, Re-admissions means the hospital doesn’t get paid on the follow up visit.
I’m not trying to argue, I’m letting you know something that I’m an expert in. Math can literally create better healthcare, but there is always the human and clinical element and that can’t always be quantified.
I went to business school and was in classes with people from a bunch of different business majors.
Most people are book smart and can pass a test, but are otherwise stupid.
I also regularly meet different C-suite executives for work. Again, most are only good at one or two things. Efficiency isn’t one of them.
At the end of the day efficiency is math. And I once decided to be lazy and for a technical elective take the business version of a class I’d already taken the engineering version of. I didn’t expect the math to be at the same level, business bachelor’s don’t need stats 2 and calc 2, both of which came up in the engineering version. But when there were groans at finding a basic slope and arithmetic I knew I didn’t belong there. I should’ve taken circuits 2 instead, it would’ve at least not bored the hell out of me
Efficiency is math, but often it’s more than that depending on how it’s used. For example, I work in health care. We can apply lean principles and create a ton of efficiency on one aspect, but we will lose on others, like patient care, re-admissions, and quality. Math is correct, but it’s not everything. This is literally my job and I’m lean 6 sigma certified.
Also, for my business degree I took stats 2 and operational supply processing which was just stats 2 with application. So I’d say it depends on the school and degree. Didn’t need Calc 2, but I also took both a Calc with applied geometry and a business Calc. Business Calc was a joke.
The math can still handle your problems.
You have to consider all dimensions simultaneously when optimising. The problem then becomes one of judgement. How important is patient care vs quality vs re-admissions. Which should have the larger relative weight?
That’s not how it works in healthcare FYI. Bad patient care means people die, Bad quality means there are complications or infections, Re-admissions means the hospital doesn’t get paid on the follow up visit.
I’m not trying to argue, I’m letting you know something that I’m an expert in. Math can literally create better healthcare, but there is always the human and clinical element and that can’t always be quantified.
Yeah. What the math ends up doing is putting a $ value on lives. Which execs always do but never admit to doing.