Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Learn the basics of analytics and people will love you. If you don't have time to learn, hire someone.
Interpretation
What this quote means
Understanding analytics is vital for gaining others' respect and support.
This quote emphasizes the importance of learning analytics as a foundational skill in today's data-driven world. W. Edwards Deming suggests that mastering the basics of analytics can significantly enhance your credibility and relationships with others, indicating that if one lacks the time to learn, outsourcing this skill is a viable alternative.
Themes
AnalyticsRespectLearningDataCredibilitySkills
In practice
Example use cases
In a business meeting to emphasize the importance of data analysis.
More from W. Edwards Deming
All quotes βThe job can't be finished only improved to please the customer.
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Don't expect smart people to listen to you without proof.
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Quality begins with the intent, which is fixed by management.
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Just because you can measure everything doesn't mean that you should.
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The only useful function of a statistician is to make predictions, and thus to provide a basis for action.
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