Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Many people in management are being paid to produce waste.
Interpretation
What this quote means
Inefficient management practices can lead to wasteful outcomes in organizations.
This quote by W. Edwards Deming highlights the paradox where individuals in management positions, rather than contributing to productivity and efficiency, may inadvertently create waste through poor decision-making or ineffective processes. It calls attention to the vital role that competent management plays in optimizing resources and fostering a culture of continuous improvement within organizations.
Themes
ManagementWasteEfficiencyLeadershipProductivity
In practice
Example use cases
In a business meeting discussing productivity improvements, you might quote Deming to emphasize the need for efficient management.
More from W. Edwards Deming
All quotes βThe job can't be finished only improved to please the customer.
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Don't expect smart people to listen to you without proof.
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Learn the basics of analytics and people will love you. If you don't have time to learn, hire someone.
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Just because you can measure everything doesn't mean that you should.
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