Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
A system must be managed. It will not manage itself.
Interpretation
What this quote means
Effective management is essential for any system to function properly.
This quote emphasizes the necessity of active management in any system, suggesting that without intervention and oversight, a system is unlikely to operate efficiently or achieve its intended goals. It implies that responsibility lies with individuals to ensure systems are properly directed and maintained.
Themes
ManagementSystemOversightEfficiencyOrganization
In practice
Example use cases
In a business presentation discussing the importance of management practices.
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