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The New Economics for Industry, Government, Education - 2nd Edition 2nd Edition
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Top Customer Reviews
If all managerial leaders of this world were to listen, be able to understand and follow Deming's ideas and underlying philosophies, societies will be enhanced beyond recognition in many aspects.
However, if you are a lone crusader in your organisation or even country, then you are in for hell... but do hang on tight, as the world generally hates challenges in any forms and situations... Implementing Deming's philosophies (as with any corporate strategy) involves innovation by the introduction of new ideas into an organisation, which includes rearrangements from jobs and roles to structures and systems; which people generally hate. Even within the book, Deming had already highlighted the various problems to that, and had always emphasised on EDUCATION of the organisation, rather than decreed training to extinguish corporate flames, for he had said:
"Knowledge is theory. We should be thankful if action of management is based on theory. Knowledge has temporal spread. Information is not knowledge. The world is drowning in information but is slow in acquisition of knowledge. There is no substitute for knowledge."
- W. Edwards Deming 12th September 1993
This is my humble tribute to a great man.
After reading this book, I bought another Deming book, Out of the Crisis. It was similar though longer and more mathematical -- a plus for me.
Most Recent Customer Reviews
Deming’s book titled The New Economics offers an insightful, witty and informative view on management style and other systems’ improvement. Read morePublished 11 days ago by Monet
"The new economics" is one of the most educational and eye opening reads that managerial employees and entrepreneurs should get their hands on. Read morePublished 11 days ago by Amazon Customer
The New Economics, is probably one of the most fascinating and useful reads I’ve had in a while! It highlights many of the issues observed in the workplace and gives fantastic... Read morePublished 11 days ago by Amazon Customer
“The New Economics” by William Edwards Deming, is an excellent book that helps us take awareness of the current problems that our management system faces and teaches us different... Read morePublished 11 days ago by christian casas ruelas
Knowledge is a powerful tool. In the present modern era there seems to be a lack of knowledge when it comes to business, engineering and especially management. Read morePublished 11 days ago by Amazon Customer
The New Economics is one of those must-read books that people have never heard of. It is also one of those books that does not seem to be special at first glance of the cover. Read morePublished 11 days ago by Lucy
This book is aimed to anyone wanting to have another point of view on how to run a business, or how to be a manager. Read morePublished 11 days ago by Diana Mejia
Deming was always known as the father of quality. This book contained his very spirit and passion in pursuing good quality management and structured organizations. Read morePublished 12 days ago by Adrian