Statistics, Risk, and Cognitive Biases

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The use of statistical analysis to gage design and process conformance is common and useful, but only allows valid conclusions when the population subjected to evaluation is representative of the future state of the system or product. High levels of statistical rigor must be paired with robust systemic approaches and a cultural prioritization of truth seeking.



  Date and Time

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  • Date: 18 Mar 2024
  • Time: 06:00 PM to 08:30 PM
  • All times are (UTC-05:00) Central Time (US & Canada)
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  • Co-sponsored by Angela Robinson
  • Starts 23 February 2024 10:30 AM
  • Ends 18 March 2024 05:30 PM
  • All times are (UTC-05:00) Central Time (US & Canada)
  • No Admission Charge


  Speakers

Jeremy Nichols of Teleflex

Topic:

Statistics, Risk, and Cognitive Biases

Statistics, Risk, and Cognitive Biases- Strategies for High Quality Decision Making

The use of statistical analysis to gage design and process conformance is common and useful, but only allows valid conclusions when the population subjected to evaluation is representative of the future state of the system or product. High levels of statistical rigor must be paired with robust systemic approaches and a cultural prioritization of truth seeking & transparent objectivity to ensure product decisions are most likely to be valid and lead to good outcomes.

 

The presentation will include case studies, best practices to reduce risks, and how to apply lean methodology into a problem-solving system.

Biography:

Jeremy Nichols is the Director of Design Assurance and Test Services at Teleflex. He has held roles in product development project management, test lab management, and design assurance and led many problem solving and CAPA projects targeting technical challenges using Lean Six Sigma methodologies and tools. He has also led and trained on the use of Lean concepts in product development to improve time to market and reduce project risk.

 

He holds a Bachelor and Master of Science in Materials Science and engineering from the University of Minnesota, is a PMI registered Project Management Professional (PMP), holds 8 patents for aseptic connection technology, and has developed and implemented statistical methods procedures at Teleflex and CPC.

He has applied Lean and flow methodology to reduce NPD completion time by 40%, along with developing and deploying Lean based problem-solving methodology for product development. He is a past recipient of the Teleflex Impact award and CPC Best of the Best award.





Agenda

6:00 Networking

6:30 Speaker

8:30  Adjourn