Category Archives: BPMSG

Information Related to Business Performance

BPMSG maintenance completed.

The maintenance on Apr 21, 2016, included an update of the PHP version. Please feedback in case of any problems. Thank You Share on Facebook

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BPMSG down for an hour Apr 21st, 10:00 UTC

Due to scheduled maintenance, please expect a downtime of  bpmsg.com today, April  21st, for 1 hour or less starting today 18:00 SGT (10.00 UTC). The PHP version will change too, there is a small possibility that my AHP online system … Continue reading

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BPMSG Diversity Online Calculator

If you need a quick calculation of diversity indices from your sample data, you might use my online diversity calculator here. Select the number of categories/classes (2 to 20) and input your samples data (positive integer or decimal numbers). As a result … Continue reading

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Diversity as Business KPI – Alpha and Beta Diversity – Video

The video explains partitioning of Shannon diversity into two independent components: alpha (within group) and beta (in between groups) diversity. It helps to understand beta diversity as a measure of variation between different samples of data distributions. Some practical applications … Continue reading

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Hoover Index, Theil Index and Shannon Entropy

Hoover index is one of the simplest inequality indices to measure the deviation from an ideal equal distribution. It can be interpreted as the maximum vertical deviation of the Lorenz curve from the 45 degree line. Theil index is an … Continue reading

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BPMSG Diversity Calculator – Excel

The diversity calculator is an excel template that allows you to calculate alpha-, beta- and gamma diversity for a set samples (input data), and to analyze similarities between the samples based on partitioning diversity in alpha and beta diversity. The … Continue reading

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Diversity as Business KPI – Alpha and Beta Diversity

The Concept of diversity is well introduced in Ecology, Economy and Information theory. The underlying mathematical theory relates to statistics (probabilities), multivariate analysis, cluster analysis etc. Diversity can be partitioned into two independent components: alpha and beta diversity. In the … Continue reading

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Diversity Calculation in Excel – Diversity Indices and True Diversity

In my video “Diversity Index as Business KPI – The Concept of Diversity” I explain the mathematical concept of diversity introducing the Simpson Index λ and its complement (1-λ) as a measure of product diversification in markets. Beside the Simpson Index there are … Continue reading

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New Podcast Episode – Diversity Index

My video “Diversity Index as Business Performance Indicator” is now added as episode #14 in my BPMSG podcast feed. Share on Facebook

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Diversity Index as Busines Performance Indicator – The Concept of Diversity

A business relying on a single type of product or services can be highly risky. Any change in the market place – a change of customer behavior, a new competitor – might have a high impact on the business results. … Continue reading

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