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The New Economics for Industry, Government, Education - 2nd Edition

The New Economics for Industry, Government, Education - 2nd Edition

The New Economics for Industry, Government, Education - 2nd Edition

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Manufacturer: The MIT Press
Author: W. Edwards Deming
Binding: Paperback
Publication Date: 2000-08-11
Publisher: The MIT Press
Label: The MIT Press
Number Of Pages: 266
Features:


Editorial Review:
". . . 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
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Customer Reviews
Average Customer Rating: 5.0

Smart, Smart Guy 2007-10-22
Wow. After 25 years in the quality business I am still not ready to claim I completely 'understand' Deming. He was of course, a brilliant statistician and business optimization theorist . . . but he was also a physicist. His famous quip, "Water turns to ice . . . same molecules. . . what happened?" I finally realize, was his way of speaking to the state change that occurs in a phase transition, the same phenonmeon that occurs when organizations cross over to quality. Deming was the real Superman.

also read Superperformance


H.kazemi 2007-06-02
I really liked the book , it was easy to read although I don't like the way that he writs , the good thing about the book is that consist of real cases and this make it much easier to relate to the book, another good thing about the book is that it doesn't repeat the same thing over and over again, what I don't like about the book is the way that he jumps back and forth and mention different books without any brief explanation about those books; this was sometime confusing for me, but other than that I would recommend everybody who is interested in management read this book and refers it to others. It was amazing that lots of thing in this book beside the last 4 chapter is commonsense.




The New Review 2007-06-02
Dr Deming has some magnificent ideas.
Unfortunately this is Deming's Last book before he passed away. Deming is a major proponent of the PDSA Cycle (Plan, Do, Study, Act). His 14 points are very viable from a business situation. If managers were to read this book, they would be better for it. Actually this book is recommended to everyone, as it can be applied loosely to all walks of life. I've never been good at picking apart a book, so if there are any weaknesses, they aren't apparent to me. 5 Stars....also pick up "Out of The Crisis". Great Book for anyone to read!



IME 415 the new economics review 2007-06-02
Dr. Demming introduced in this book a new style of management which he basically covered in his simple 14 points of management using the idea of profound knowledge. It was very interesting the way he approached different scenarios with multiple examples that he encountered first hand through his time in industry, stressing the fact that ranking within a system is completely wrong and should be completely removed. Demming pushes group work and cooperation instead of programs such as incentives and commissions due to the fact that they turn into individual profit centers and ultimately lead to the collapse of the system. His ideas were simple to follow throughout the text and is a great book for people in management positions to read and consider.


Definitely a MUST READ!!!! 2007-06-02
The New Economics by W. Edwards Deming, from start to finish, was quite an easy book to read. It never became so overly technical to the point that it makes the reader just want to give up and grab a different book. Great examples were used to help illustrate, as Dr. Deming put it, "the tyranny of the prevailing style of management". His 14 Points of Management are well defined and straight forward. Dr. Deming also gave a brief description of Shewhart control charts, tampering and variation, along with some excellent examples to aid in further understanding their uses and misuses.

Overall, this is an excellent book to read, especially for those who are in a position of management. When I say management, however, I do not refer simply to individuals dealing with employees at the working floors of industry. Dr. Deming's 14 Points of Management can be used in schools, hospitals, business, industry and countless other disciplines, from teachers to CEOs. Upon reading this book, readers will open their eyes to present practices and hopefully, taking this newly found knowledge, apply it and make a better change for the future.







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