Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Just because you can measure everything doesn't mean that you should.
Interpretation
What this quote means
Not all things that can be quantified are worth measuring.
This quote suggests that while it is possible to quantify many aspects of life or work, not every measurable element holds significant value or meaning. It emphasizes the importance of discernment in what we choose to evaluate and the potential pitfalls of overemphasizing metrics without considering their relevance or context.
Themes
MeasurementValueWisdomPerspectiveDiscernment
In practice
Example use cases
This quote can be used in a business meeting when discussing metrics and KPIs.
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