Loss of market begets unemployment. Emphasis has been on short-term profit, to the undernourishment of plans that might generate new product and serv… - W. Edwards Deming

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Loss of market begets unemployment. Emphasis has been on short-term profit, to the undernourishment of plans that might generate new product and service that would keep the company alive and provide jobs and more jobs. It is no longer socially acceptable performance to lose market and to dump hourly workers on to the heap of unemployed.

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About W. Edwards Deming

William Edwards Deming (October 14, 1900 – December 20, 1993) was an American statistician, college professor, author, lecturer, and consultant, known for his work in the field of quality management.

Also Known As

Native Name: William Edwards Deming
Alternative Names: W.E. Deming W. E. Deming
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In Europe and in America, people are now more interested in the cost of quality and in systems of quality-audit. But in Japan, we are keeping very strong interest to improve quality by use of methods which you started....when we improve quality we also improve productivity, just as you told us in 1950 would happen.

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