Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Long-term commitment to new learning and new philosophy is required of any management that seeks transformation. The timid and the fainthearted, and the people that expect quick results, are doomed to disappointment.
Interpretation
What this quote means
Transformation in management requires a commitment to learning and patience for results.
W. Edwards Deming emphasizes that for management to achieve meaningful transformation, there must be sustained dedication to new learning and adaptation to new philosophies. Those who are hesitant or expect immediate outcomes will likely face disappointment because genuine change takes time and perseverance.
Themes
TransformationLearningManagementCommitmentPatienceLeadershipPhilosophy
In practice
Example use cases
During a corporate training seminar to inspire managers.
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