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.
More from W. Edwards Deming
All quotes βThe job can't be finished only improved to please the customer.
W. Edwards DemingRead
Don't expect smart people to listen to you without proof.
W. Edwards DemingRead
Quality begins with the intent, which is fixed by management.
W. Edwards DemingRead
Learn the basics of analytics and people will love you. If you don't have time to learn, hire someone.
W. Edwards DemingRead
Just because you can measure everything doesn't mean that you should.
W. Edwards DemingRead
Similar quotes
The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
Peter DruckerRead
The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the competitive success that could only be achieved by the deliberate direction of a senior management that possesses the combined knowledge of all employees and contractors
Friedrich August Von HayekRead
What is mathematics? It is only a systematic effort of solving puzzles posed by nature.
Shakuntala DeviRead
It is as if evolution has built a safety device in our nervous system that allows us to experience full happiness only when we are living at 100%-when we are fully using the physical and mental equipment we have been given.
Mihaly CsikszentmihalyiRead
The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor, which privileges the rights of investors and lenders, those of people being incidental. In accord with this usage, those who favor a different form of international integration, which privileges the rights of human beings, become "anti-globalist."
Noam ChomskyRead
The FHA literally drew up the redlining map and then basically distributed - I'm sorry, the Home Owners' Loan Corporation actually did it, and then distributed to banks who used that as policy to determine how they would lend and who they would lend to. The racism in the system was pervasive and total.
Ta-Nehisi CoatesRead