Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
'Quality' means what will sell and do a customer some good - at least try to.
Interpretation
Quality signifies the ability to meet customer needs and expectations effectively.
This quote by W. Edwards Deming highlights the dual aspect of quality in business: it must not only sell but also provide genuine value to the customer. It emphasizes the idea that true quality is measured by the satisfaction and benefits experienced by customers, and that businesses should strive to meet these standards in their products and services.
In practice
In a business seminar, when discussing strategies for improving customer satisfaction.
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.
Success in business requires training and discipline and hard work. But if you're not frightened by these things, the opportunities are just as great today as they ever were.
Its not about passion. Passion is something that we tend to overemphasize, that we certainly place too much importance on. Passion ebbs and flows. To me, it's about desire. If you have constant, unwavering desire to be a cook, then u'll be a great cook.
Learn the fundamentals of the game and stick to them. Band-Aid remedies never last.
On a personal note, I think it won't be until after I've retired that I'm fully aware of what I've done or what I've gone on to achieve in my career.
My dad was very successful running midgets in Texas. Then, his two drivers ran into some bad luck. People started saying that Daddy had lost his touch. That it was the cars and not the drivers. I wanted to race just to prove all those people wrong.
I never waited 27 years, because 27 years ago I was just born. My parents never told me, 'If you don't win Roland Garros we take you to the orphanage.
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