Tag: economics
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Deming on the Financial Crisis From Beyond the Grave
Tell me these aren’t relevant. Tell me it isn’t like a summation of Wall Streets mistakes leading up to 2008. Deming died in 1993. Deming’s 7 Deadly Diseases of Management* Lack of constancy of purpose Emphasis on short term profits Evaluation of performance, merit rating or annual review Mobility of top management Running a company […]
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On Outsourcing, Protectionism and Education
Things are often more complicated than they seem. Certainly in the worlds of economics and nationalism. It’s no wonder that as the largest economy in the world, America wants to protect that place and Americans are sensitive to any efforts to move jobs elsewhere. Certainly that is true today, with unemployment currently at 9.1%. In […]