Ppo Quotes

I believe that most websites suck because HiPPOs create them. HiPPO is an acronym for the “Highest Paid Person’s Opinion.

Listen to your customers, not to the HiPPO,” HiPPO being short for “highest paid person’s opinion.

Because the cultures of politics and journalism are largely innocent of the scientific mindset, questions with massive consequences for life and death are answered by methods that we know lead to error, such as anecdotes, headlines, rhetoric, and what engineers call HiPPO (highest-paid person’s opinion).

Yes, PPO plans often offer some of these benefits as well, but HMOs expand the benefits with money that would normally be used for larger networks.

PPO participation: ○ How many PPO plans does the office take? ○ What percentage of patients are covered by which PPO plans? ○      What percentage of write-off do the PPO plans take off the usual and customary fees?

Astonishingly, 13% admitted that the most highly paid person’s opinion (known as the HiPPO method) is the primary deciding factor.15 47% reported using the only slightly less embarrassing method of decision by committee.

In a survey of 161 global business decision makers shown in Figure 2-6, only 24% of respondents reported using an economic model to make investment decisions in products and services. Astonishingly, 13% admitted that the most highly paid person’s opinion (known as the HiPPO method) is the primary deciding factor.15 47% reported using the only slightly less embarrassing method of decision by committee.

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But the alternative is the “HiPPO” method — the “highest paid person’s opinion.” That one sucks worse.

To put it differently, with the right data you have a chance to successfully argue against the opinion and views of powerful stakeholders; without data, it may be difficult, and the HiPPO—the highest-paid person’s opinion—may win.

In 2006, Avinash Kaushik and Ronny Kohavi, two data analysis professionals who were then working at Intuit and Microsoft, respectively, came up with the acronym HiPPO to summarize the dominant decision-making style at most companies. It stands for “highest-paid person’s opinion.” We love this shorthand and use it a lot, because it vividly illustrates the standard partnership. Even when the decisions are not made by the highest-paid people, they’re often—too often—based on opinions, judgments, intuition, gut, and System 1. The evidence is clear that this approach frequently doesn’t work well, and that HiPPOs too often destroy value.

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