Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
'Quality' means what will sell and do a customer some good - at least try to.
Interpretation
Quality signifies the ability to meet customer needs and expectations effectively.
This quote by W. Edwards Deming highlights the dual aspect of quality in business: it must not only sell but also provide genuine value to the customer. It emphasizes the idea that true quality is measured by the satisfaction and benefits experienced by customers, and that businesses should strive to meet these standards in their products and services.
In practice
In a business seminar, when discussing strategies for improving customer satisfaction.
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.
The blaze of reputation cannot be blown out, but it often dies in the socket; a very few names may be considered as perpetual lamps that shine unconsumed.
Sweat equity is the best equity.
The moment I said I'd finished a book, I knew what would happen. There would be a bidding war, and I would end up with someone who'd got the fattest wallet, who had bought it because I'd written Harry Potter. That would have been why.
To me, the money is - it's certainly a wonderful thing. But it is in direct proportion to how you're able to bless yourself and bless others with it.
It has been my observation that most people get ahead during the time that others waste.
My dad told me, 'If you're going to go out there and play baseball, or you're going to play basketball or football, work hard at it no matter what. I want you to have fun with your buddies, but you have to put in the time because this is your craft.' He didn't just want me to be good. He pushed me to that next level.
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