The magic formula of management
Five numbers, one connecting idea
This is the age of the data scientist. Employers of all kinds prize people with the skills to capture and analyse enormous amounts of information, to spot patterns in the data and to turn them into useful insights. But some of the most valuable figures in business need neither an analytics team nor knowledge of Python. They are simple to remember and useful for bosses in every organisation. Here is a small selection of management’s magic numbers:
This article appeared in the Business section of the print edition under the headline “The magic formula”
From the October 8th 2022 edition
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