This is an assignment of another class “Business data analysis” at Yokohama National University.
Students are required to develop their own story, supported with the analyzed data.
This is the key skill-set when you apply those analytical techniques to the practical business issues/proposals.
We have already experienced several similar exercises at the class and I am so excited that they will enjoy it and present interesting insights.
Please send me an email if you / your organization would like to try those lessons/lectures.
I saw great progress of my students to develop their own financial plan with business strategy.
It took only three months to achieve it, who did not know even what “Revenue” is in April.
Here is an example output of a student in the class.
The business case was “web site developer” where you need to develop a business plan to reach positive profit within a year.
Reasonable business strategy in line with the assumptions in the business model is also required in the presentation.
This is a fundamental and basic business skill where you will be required in any type of business in the world.
I would be happy to discuss a chance to conduct the class (even as an intensive program).
My business statistics class started at Yokohama National Univerisy for the international students from all over the world.
Just to explain some basics for the new students, I was struggling to show the level of aggregation of data in my class.
This is a concept that you need to learn for managing data itself before studying some statsitics.
Today I found the word “granularity”.
I guess it is not that common word even for English speakers but it really fits the concept.
The semester has just finished at Yokohama National University.
- Business logic and team consensus
- Problems solving
Good job! See you somewhere in the world!
I would be happy to give my lecture(s) of “practical” business logic making (for communication, negotiation and presentation etc.) for your company, university and many kinds of organization.
We will spend two weeks to tackle the following exercises in a team.
This is for the “Logical thinking” class:
This is not an individual exercise and you need to reach an agreement with your team members, which is exactly the same situation you will face in a company.
You may be required to use almost all the techniques(i.e. facilitation skill & logic development skills) to make an answer.
And this is for “Problem-solving” class:
This is a comprehensive exercise where all the skills learned in the class will be required to get a practical solution.
I am really excited to know how my students will use their skills learned in the class and lead to a “high-quality” answer.
Induction was the main topic in my “Business Logics and Team Consensus” class at Yokohama National University in Japan for the international students.
The first exercise at today’s class was to make a summary of the following three statements:
- Japanese is busy
- Japanese is punctual
- Japanese acts quickly
- Japanese is always in a hurry
It seems that they all make a sense. But wait a minute!
Did you add your personal assumptions when you reach the conclusion???
For instance, “Japanese is busy”…. Acting quickly does not necessarily mean the person is “busy”. The conclusion comes from such assumption which is not drawn from the real observation or fact.
Such mistake makes your logic weak.
As one of the techniques you should remember when you develop your logic using induction, ask yourself about the assumption(s) you make. If the assumption(s) is valid, you may have no problem in your story..
Here are some other exercises in the class today.
An answer to the question above is as follows:
This is not an only the answer. But I felt that the students were getting more skilled to construct their ideas logically.
This was the last exercise for today, which took more time to reach to the answer:
My answer was quite simple, while some students made more complex answers..
Today’s points were:
Don’t add your assumptions too much when you make a conclusion by summarizing your observations. Try to be based on the facts only.
Please contant me if you are interested in the practical business skill classes in your country.
“Logic jump” was a main topic in my Class “Business Logics and Team Consensus” at Yokohama National University today.
Many people make mistakes when they develop a logic (or simply to say, message).
You may skip some necessary explanations or assumption you make, which causes misunderstanding and mis-communication.
They are simply explained in the following two cases:
CASE 1 is generally called “Deductive method”.
In your daily conversation, you may never clearly mention any principles, rules which are already known by anybody and are called a”Major premise”.
But what if the major premise is wrong or not the same as other people……??
Sometimes it is a powerful method to clarify the gap of the premises with others so that you make your message.conclusion more reasonable, convincing and logical.
CASE 2 is a common pitfall of skipping some layers of the logic (logic jump).
You may need to fill the gap between a conclusion and reason(s) so that other people can understand how you reach the conclusion. In many cases you may know how you reach it but others may not. By clarifying the “missing” layers, you can reinforce your story/logic significantly.
Here are some exercise, our students tackled as a team in my class:
There is not a single “right” answer but it is quite important to think what are missing and how you can strengthen your logic.
The teams competed with one another in the class and enjoyed the competition so much!
Keep on studying hard!