The snag in Greece’s salary solution
Posted on March 4, 2010 by
Business news and Fortune 500 - FORTUNE Magazine
Greek prime minister George Papandreou may have made a big mistake. As part of a plan to fix his nation’s ruined economy, he announced Wednesday that he aims to cut 30% of civil servants’ holiday bonuses which are part of Greece’s “14th salary” payment schedule.
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Every person's convictions of the particular nature of all things 'real' (i.e. - reality) is entirely based on their previous experiences, combined with various information picked up along the way, either purposefully or not.
The delicate factor in the matter is the undeniable influence which the medium carrying such information has upon the way the information is presented and thus interpreted by us later.
Whether the medium is your local Tv station, or your best friend, when representing a particular event or concept (another way of saying 'deliver information') they do son within the limits of their own experiences and the information they've received...
The point of this rant being: keep in mind the true nature of any information and even better -- apply the metrics for information quality
Metrics for the Quality of Information
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