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Shrink, shrink variation, to reduce the loss.
W. Edwards Deming
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W. Edwards Deming
Age: 93 †
Born: 1900
Born: October 18
Died: 1993
Died: December 20
Composer
Economist
Engineer
Industrial Engineer
Statistician
University Teacher
Sioux City
Iowa
William Edwards Deming
W.E. Deming
W. E. Deming
Reduce
Management
Loss
Shrink
Shrinks
Variation
More quotes by W. Edwards Deming
People care more for themselves when they contribute to the system.
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There is no knowledge without theory.
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Innovation comes from the producer - not from the customer.
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The emphasis should be on why we do a job.
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Judging people does not help them.
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Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them.
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Knowledge is theory. We should be thankful if action of management is based on theory. Knowledge has temporal spread. Information is not knowledge. The world is drowning in information but is slow in acquisition of knowledge. There is no substitute for knowledge.
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Forces of Destruction: grades in school, merit system, incentive pay, business plans, quotas.
W. Edwards Deming
To manage one must lead. To lead, one must understand the work that he and his people are responsible for
W. Edwards Deming
Just because you can measure everything doesn't mean that you should.
W. Edwards Deming
Mere allocation of huge sums of money for quality will not bring quality.
W. Edwards Deming
Eighty percent of American managers cannot answer with any measure of confidence these seemingly simple questions: What is my job? What in it really counts? How well am I doing?
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Eliminate numerical quotas, including Management by Objectives.
W. Edwards Deming
A leader must have knowledge. A leader must be able to teach.
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If you do not know how to ask the right question, you discover nothing.
W. Edwards Deming
We are here to make another world.
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Profit in business comes from repeat customers
W. Edwards Deming
Retroactive management emphasizes the bottom line.
W. Edwards Deming
The questions are more important than the answers.
W. Edwards Deming
The most valuable currency of any organization is the initiative and creativity of its members. Every leader has the solemn moral responsibility to develop these to the maximum in all his people. This is the leader's highest priority.
W. Edwards Deming
