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Financial Sustainability
ORGANIZATIONAN ORCHESTRATED STRUCTURE

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“Enumeration of the deadly disease. . .”

Out of the Crisis ()

https://www.nycp.com/gallery/BEdwardsDeming_10_10_2012.jpg

MIT Press

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“Enumeration of the deadly disease. . .”

“Enumeration of the deadly disease.

1. Lack of constancy of purpose to plan product and service that will have a market and keep the company in business, and provide jobs.

2. Emphasis on short-term profits: short-term thinking (just the opposite from constancy of purpose to stay in business), fed by fear of unfriendly takeover, and by push from bankers and owners for dividends.

3. Evaluation of performance, merit rating, or annual review.

4. Mobility of management; job hopping.

5. Management by use only of visible figures, with little or no consideration of figures that are unknown or unknowable. Peculiar to industry in the U.S., and beyond the scope of this book.

6. Excessive medical costs.”

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