Do you think the management style in the Red Bead Company has any similarities to the way health care is managed? Explain your thinking and give an example, if possible.?

Exercise – The Red Bead Experiment (Coin Toss Variation)

Toss two coins 10 times in a row. Record your results (Two Heads (HH); One Head – One Tail (HT or TH), or Two Tails (TT) in the table below. Repeat for four additional rounds and record your results. (6 points)

Round Toss 1 Toss 2 Toss 3 Toss 4 Toss 5 Toss 6 Toss 7 Toss 8 Toss 9 Toss 10 Number of HT or TH Tosses
1                      
2                      
3                      
4                      
5                      

Standard: You are rated as good at tossing two coins simultaneously if you achieve the outcome of One Head – One Tail (HT or TH) seven or more times in a round.

Are you good at tossing two coins simultaneously as defined by the standard above?

Which of Deming’s 14 Points for Management (https://deming.org/explore/fourteen-points/) are applicable to this experiment?

Which Deming quote (there are many on the Internet) applies to your experience playing this game?

Do you think the management style in the Red Bead Company has any similarities to the way health care is managed? Explain your thinking and give an example, if possible.?

Do you think the management style in the Red Bead Company has any similarities to the way health care is managed? Explain your thinking and give an example, if possible.?
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