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The Magic Formula Management

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Magic Formula Investing: Definition and What It Tells You

Following the development of the Internet, now the most important thing for employment is the skill of capturing and analysis. Now we are in the era of the information revolution. We are facing an information explosion. As a company, he has to deal with all kinds of data generated by each user, which is undoubtedly a huge workload. Therefore, today's enterprises often pay more attention to the ability of talent to process a large number of complex data. I want to extract useful data from complex data, analyze and integrate it, and make it useful to me.

But the most valuable thing is not these people or things that bring great practical benefits but the numbers I will put forward next, which will become a guide for your career path, promote your development, and save you when you go astray. Next, take a closer look:

ZERO: Doing nothing may be better than doing everything at some time. We don't need to do everything when it is out of our imagination. It aims at doing something to fight the bad thing, and it just tells us to be optimistic when we face something that can't be changed. It is wrong to panic and make all kinds of decisions and meaningless things. Just like in chess, we must not do useless work when we play chess. Otherwise, it will only give each other opportunities in vain and bury our own good opportunities. In practice, meaningless things are often deliberate actions of a person in order to rush to prove his sense of existence, which he can basically avoid. It's like there's a Chinese fable called painting snakes, that is, describing meaningless things that will cause me unnecessary trouble.

Stock Reports Plus: Weekly Top Picks: HPCL, BPCL among stocks which scored  10 on 10 on Stock Reports Plus - The Economic Times

In fact, I want to tell you the meaning of the one is that it is the symbol of the boss. In professional life, we all need to report to our superiors like a matrix, and sometimes we need to report to the heads of multiple supervisors, which will undoubtedly greatly reduce our work efficiency, so our best way of working should be linear like a matrix, pointing to a person in charge. According to the New Yorker survey, we will actually find that nearly 71% of workers will temporarily join other teams while working. This sometimes facilitates the cooperation and communication of various parts, but it can also lead to unclear responsibilities and blurred boundaries.

THREE: In 2013, he published a paper on the relationship between economic marketing data and profits investigated by two economists, in which they rigorously found that the optimal ratio between the number of products and services is three, including other relationships. For example, with regard to a declaration, it is optimal when the number of regulations declared is only three; If there are too many, it is difficult for people to accept; If there are too few, it is difficult for people to understand and it is difficult to achieve the purpose of constraint. During daily life, the three rules are very normal.

TEN: This is the best figure for the number of people in the meeting, and it is a correct decision to stick to that figure when we need to meet. Scientists have found that when conducting online meetings and when the number of people is greater than ten, the effect and quality of meetings begin to decline. Therefore, the maximum number of people in an online meeting cannot exceed 10. If there are really more than ten people in the meeting, you need to hold an in-person meeting so that the attendees can be present in person.

That all! There are some of my tips for everyone in the workplace about numbers. I hope that everyone not only pays attention to big data in reality but also pays attention to the small numbers in life and hopes that he can bring you inspiration.

Weekly Top Picks: Stocks that scored 10 on 10 on Stock Reports Plus - The  Economic Times

WriterWanny

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