1. Managerial Statistic Courses Need to Change By Farrokh Alemi, Ph.D.

2. SAME EVERYWHERE Introductory statistic courses teach the same methods as any statistic course

3. SAME EVERYWHERE Focus is on distributions and hypothesis testing

4. WHAT MANAGERS NEED IS DIFFERENT Not just management examples but new methods

5. Revolution in Management Quants & electronic investments “Big Data” on consumer behavior Entire web a database

6. 5% MORE PRODUCTIVE & 6% MORE PROFITABLE Data Driven Companies

7. DATA TRANSFORMED VA FROM WORST TO BEST

8. 6.6% IMPROVEMENTS IN OUTCOMES

9. Health Analytics Starts with Managerial Statistics A House Built on a Weak Foundation Will Not Stand

10. Focus on What Managers Have Moffitt Cancer Center tracks more than 90,000 patients at 18 different sites

11. Focus on What Managers Have VA tracks more than 5.5 million patients across 153 medical centers

12. Focus on What Managers Have Kaiser Permanente has data on 9 million patients

13. Focus on What Managers Have Aurora Health Care system has data on 1.2 million patients

14. Focus on What Managers Have University of California’s Medical Centers has data on more than 11 million patients

15. Focus on What Managers Have FDA has combined medical records of more than 100 million individuals

16. Data Available Analysis Missing Focus on What Managers Have

17. Observational & Time-based Data

18. Focus on What Managers Have Matched Case Control Not Experimental Design Re-tool

19. Focus on What Managers Do Process Improvement

20. Focus on What Managers Do Statistical Process Control Not Hypothesis Testing Re-Tool

21. REVOLUTIONARY ZEAL Managerial statistics courses need