Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Now, we learn that a system must have an aim. Without an aim, there is no system.
Interpretation
A system requires a clear objective to function effectively; without one, it lacks coherence.
W. Edwards Deming highlights the importance of having a purpose or aim within a system. When a system lacks a defined goal, it becomes disorganized and ineffective, emphasizing that direction and intent are critical for meaningful operation and success.
In practice
In a business meeting while discussing the new project strategy.
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.
I cannot improve on those spoken for many years by a true legend who preceded me at CBS News. He would say, simply, 'good night, and good luck.'
The time of business does not differ with me from the time of prayer; and in the noise and clatter of my kitchen, while several persons are at the same time calling for different things, I possess God in as great tranquility as if I were on my knees.
I like old men. They can be wonderful bastards because they have nothing to lose. The only people who can be themselves are babies and old bastards.
Expect nothing. Live frugally on surprise.
Expertise in one field does not carry over into other fields. But experts often think so. The narrower their field of knowledge the more likely they are to think so.
There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out.
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