Cover image for The new economics : for industry, government, education
Title:
The new economics : for industry, government, education
Author:
Deming, W. Edwards (William Edwards), 1900-1993.
Edition:
Second edition.
Publication Information:
Cambridge, Mass. : MIT Press, 2000.

©1994
Physical Description:
xvi, 247 pages : illustrations ; 23 cm
General Note:
"1st MIT press edition, 2000"--T.p. verso.
Language:
English
ISBN:
9780262541169
Format :
Book

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Call Number
Material Type
Home Location
Status
Central Library HD62.15 .D46 1994 Adult Non-Fiction Non-Fiction Area
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Central Library HD62.15 .D46 1994 Adult Non-Fiction Central Closed Stacks
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Summary

Summary

In this book W. Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis .

"... competition, we see now, is destructive. It would be better if everyone would work together as a system, with the aim for everybody to win. What we need is cooperation and transformation to a new style of management."

In this book W. Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis. The system of profound knowledge, as it is called, consists of four parts: appreciation for a system, knowledge about variation, theory of knowledge, and psychology. Describing prevailing management style as a prison, Deming shows how a style based on cooperation rather than competition can help people develop joy in work and learning at the same time that it brings about long-term success in the market. Indicative of Deming's philosophy is his advice to abolish performance reviews on the job and grades in school.

Previously published by MIT-CAES


Table of Contents

Description of Figuresp. v
Forewordp. ix
Notes to the Second Editionp. xi
About the Authorp. xiii
Prefacep. xv
1 How Are We Doing?p. 1
2 The Heavy Lossesp. 22
3 Introduction to a Systemp. 49
4 A System of Profound Knowledgep. 92
5 Leadershipp. 116
6 Management of Peoplep. 121
7 The Red Beadsp. 154
8 Shewhart and Control Chartsp. 172
9 The Funnelp. 190
10 Some Lessons in Variationp. 207
Appendix: Continuing Purchase of Supplies and Servicesp. 227
Indexp. 235

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