The New Economics, Third Edition: For Industry, Government, Education: For Industry, Government, Education

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 Deming 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 the prevailing management style as a prison, Deming shows how applying the System of Profound Knowledge increases productivity, quality, and people's joy in work and ...