Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Many people in management are being paid to produce waste.
Interpretation
Inefficient management practices can lead to wasteful outcomes in organizations.
This quote by W. Edwards Deming highlights the paradox where individuals in management positions, rather than contributing to productivity and efficiency, may inadvertently create waste through poor decision-making or ineffective processes. It calls attention to the vital role that competent management plays in optimizing resources and fostering a culture of continuous improvement within organizations.
In practice
In a business meeting discussing productivity improvements, you might quote Deming to emphasize the need for efficient management.
Competition should not be for a share of the market-but to expand the market.
The job can't be finished only improved to please the customer.
Don't expect smart people to listen to you without proof.
Quality begins with the intent, which is fixed by management.
Learn the basics of analytics and people will love you. If you don't have time to learn, hire someone.
Just because you can measure everything doesn't mean that you should.
As the personal trajectories of Mr. Trump and Mr. Xi diverge, so too does the focus of their leadership. While Mr. Trump is obsessed with building walls, Mr. Xi is busy building bridges.
The basic DNA we've got to implant in leaders now is adaptability: not to get wedded to the solution to a particular problem, because not only the problem but the solution changes day to day. Creating people who are hardwired for that is going to be our challenge for the future.
If someone had told me in 1963 that one day I would be in Congress, I would have said, 'You're crazy. You don't know what you're talking about.'
One of the things my parents taught me, and I'll always be grateful as a gift, is to not ever let anybody else define me; that for me to define myself. and I think that helped me a lot in assuming a leadership position.
The three great ends which a statesman ought to propose to himself in the government of a nation, are one, Security to possessors; two, facility to acquirers; and three, hope to all.
When you disarm your subjects, however, you offend them by showing that either from cowardliness or lack of faith, you distrust them; and either conclusion will induce them to hate you.
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