They provide, under a wide range of unknowable circumstances, future and past, a rational and economic guide to minimum economic loss from both mistakes. The control chart sends statistical signals, which detect existence of a special cause (usually specific to some worker or group or to some special fleeting circumstance), or tell us that the observed variation should be ascribed to common causes, chance variation attributable to the system.
Proxy Trap
Metrics become mirages when optimized directly.
False Positives
Rare signals drown in false positives.
Testable Thinking
Transforming vague concepts into testable frameworks.
Measuring Trust
Precise measurement creates infrastructure for distant trust.