counter create hit The New Economics for Industry, Government, Education - Download Free eBook
Ads Banner
Hot Best Seller

The New Economics for Industry, Government, Education

Availability: Ready to download

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 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


Compare
Ads Banner

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 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

30 review for The New Economics for Industry, Government, Education

  1. 4 out of 5

    Ash Moran

    I didn't know what to expect from this - and it turned out to be one of the strangest reads I've had for a long time. The tone of the whole book reads like the translation I have of The Art of War. Despite being brief, Deming covers a huge amount here. The key topics are: * systems - treating organisations as wholes rather than bags of parts * variation - understanding why the output of a system is not perfectly uniform, and the impact this has on correct management * knowledge - building theories I didn't know what to expect from this - and it turned out to be one of the strangest reads I've had for a long time. The tone of the whole book reads like the translation I have of The Art of War. Despite being brief, Deming covers a huge amount here. The key topics are: * systems - treating organisations as wholes rather than bags of parts * variation - understanding why the output of a system is not perfectly uniform, and the impact this has on correct management * knowledge - building theories to predict the future over merely consuming information noise * competition - why it is harmful to systems, and how it can be avoided * leadership - and the importance of human psychology in this Deming draws on many powerful anecdotes to explain his point. I prefer, however, the more coherent approach to describing systems found in The Goal. Where Deming gets real leverage is in his descriptions of the Red Bead and Funnel experiments. The Red Bead experiment is more famous, and illustrates the futility of judging people according to their part in a system they are largely helpless to control. But I found the Funnel experiment even more enlightening - illustrating not only the terrible consequences of naively managing by results, but how this can distract from simple solutions to improve a process. Slightly disappointing is the emphasis on manufacturing/repeatable process over design/creative process. Deming makes one reference to design but does not directly tie this into his management style. Deming has an agenda. He wants to replace the current system of management - isolated, competing business units; reward schemes; ignorance of theory, variation and psychology - with one of co-operation, intrinsic motivation and understanding of systems. And he wants to replace it in all forms of organisation. But as a social manifesto it has one alarming omission: biology. Deming appears to think that the problem of growing larger and larger co-operative systems is just one of more difficult management. But this assumes that all people want to co-operate in this way, that nobody has a personal, conflicting agenda. While a monopoly may be more efficient than a marketplace, and while it may be in the long-term harmful to abuse a monopoly position, that doesn't stop someone manipulating their way into a position of power and taking short-term advantage. The weakness of Deming's vision is, in my opinion, that it does not contain the assumption that some people will always be selfish and/or evil. Overall, The New Economics is an immensely valuable collection of ideas for anyone in management (or suffering mismanagement), or with an interest in social change. But I suggest having some skepticism for its idealism.

  2. 4 out of 5

    Michael Burnam-Fink

    The New Economics is a series of flashcards, carrying telegraphic versions of Deming's Big Ideas. Deming, of course, was an American economist who helped trained the Japanese in a new style of quality management that arguably lead to decades of Japanese dominance in high technology. His ideas lay behind the Toyota Production System, and the maligned TPS reports of Office Space. He also passed away in 1993, just as Japan entered its lost decade. The New Economics was his last book. The center of The New Economics is a series of flashcards, carrying telegraphic versions of Deming's Big Ideas. Deming, of course, was an American economist who helped trained the Japanese in a new style of quality management that arguably lead to decades of Japanese dominance in high technology. His ideas lay behind the Toyota Production System, and the maligned TPS reports of Office Space. He also passed away in 1993, just as Japan entered its lost decade. The New Economics was his last book. The center of his ideas holds up. Think of a company as a system, with management's role being to organize the system for quality. Understanding that there is natural variation in a system, and don't go chasing randomness. Treat workers as humans beings and approach their psychology as high-morale team members, rather than creating self-defeating 'meritocratic' ranking systems. But this book is scattered, organized anecdotally rather than thematically. It's one thing to proclaim that 'the firm is a system', but Deming lacks the theoretical tools to describe how systems self-organize and can be governed. It's a little unfair to argue that a dead man should be current with the latest research, but this book would be so much better in conversation with the Sante Fe Institute (see Mitchell's Complexity: A Guided Tour, John Boyd's OODA loop (Richard's Certain to Win, or even the intersection of epistemology and ecology (Miller et al. 2006. Epistemological Pluralism: Reorganizing Interdisciplinary Research, particularly the figure on the adaptive cycle from Reorganization, Growth, Conservation, and Release). Deming is still a name to conjure with, but there are likely better books on the area.

  3. 4 out of 5

    John

    Last book of a knowledgeable senior citizen. Much wisdom. More of an introduction (admittedly) to whet your appetite. It did. Jump in. Read what you can. Join the Deming Institute when they discuss the book. (Very helpful to fill in the gaps and get over obstacles!) https://deming.org/events/21-the-new-...

  4. 4 out of 5

    Zachary

    Demings body of work represents the path not taken by economic policy makers in the United States. If policy makers had listened to the advice of Edwards Deming, it is quite possible that Americas economic standing would have been much different. The message still make sense but the target audience has changed. There was a time when management teams needed to hear it now. Now, its the owner/operators. Deming’s body of work represents the path not taken by economic policy makers in the United States. If policy makers had listened to the advice of Edwards Deming, it is quite possible that America’s economic standing would have been much different. The message still make sense but the target audience has changed. There was a time when management teams needed to hear it now. Now, it’s the owner/operators.

  5. 4 out of 5

    Jens Comiotto-Mayer

    What strucks me every time I read Deming is how valuable his ideas are still today, and how few of the transformations in government, industry and education he longed for only have happened until now. Deming was a (systems) thinker way ahead of his times, and one can only imagine what the working world would look like if his thoughts and insights had been taken into account on a broad basis from earlier on. (While he was already an influence to the Japanese economy and especially the Toyota What strucks me every time I read Deming is how valuable his ideas are still today, and how few of the transformations in government, industry and education he longed for only have happened until now. Deming was a (systems) thinker way ahead of his times, and one can only imagine what the working world would look like if his thoughts and insights had been taken into account on a broad basis from earlier on. (While he was already an influence to the Japanese economy and especially the Toyota Production System in the 1950s, he gained perception in the US as late as in the 1980s). "The New Economics" is a book with a style that is a bit hard to get used to, but it is full of gems, and large parts could have been written only years ago. Naturally, Deming often focusses on the repetitive nature of manufacturing, which might be less interesting in environments where variation is not necessarily a bad thing per se, but he touches so many different topics here that this might indeed be one of the best introductions to his work, albeit many prefer "Out of the Crisis" in that regard. Anyways, W. Edwards Deming should be a mandatory read for everyone involved in management.

  6. 4 out of 5

    Reza Ghoorkhanian

    There are so many references to "Out of Crisis" that I feel I should have just read that book instead. Despite this, New economics is still and enlightening book, but perhaps it should be the second of Deming's books that one should read.

  7. 4 out of 5

    Sophie Smithburg

    A surprisingly insightful book, if a little light on the technical details. Will have to read another book or two to get the real depth, but I suspect there is some applicability to SRE in here.

  8. 5 out of 5

    Cliff Hazell

    This wisdom stands the test of time. Sadly few are following it yet.

  9. 5 out of 5

    Shay

    4.25

  10. 4 out of 5

    Phil Eaton

    Very subtle points. Worth a reread and comparison with both Peter Drucker and more modern thought.

  11. 4 out of 5

    John Rogers

    An Utopians vision of the world.

  12. 4 out of 5

    Bob Wallner

    The source for Dr. Demings System of Profound Knowledge; The New Economics, has become one of my favorite books and I regret not reading it sooner in my career. It combines a deep understanding of what a system is and how to manage within the system. The first time I read the book was in 2017 and now, in 2019, I can listen to the audiobook on a frequent basis. The New Economics is more than a book about quality and statistical control, its a book about leadership. Dr. Deming goes into depth about The source for Dr. Deming’s System of Profound Knowledge; The New Economics, has become one of my favorite books and I regret not reading it sooner in my career. It combines a deep understanding of what a system is and how to manage within the system. The first time I read the book was in 2017 and now, in 2019, I can listen to the audiobook on a frequent basis. The New Economics is more than a book about quality and statistical control, it’s a book about leadership. Dr. Deming goes into depth about what a system entails and who is responsible for quality within a system- Spoiler alert it’s Management. Several revolutionary ideas are openly written about such as eliminating merit pay and performance appraisals. Deming is adamant that 90-95% of quality is a result of the system and not the operator and he uses his famous Red Bead Experiment to demonstrate that. From my experience, the lessons from the Red Bead have not permeated the work force other than in a few small pockets. Specific numeric targets still define success. Employee blame is still the norm. Managing with sticks and carrots still surround the landscape. Process control is seldom, if ever, discussed. I entered the professional job market in 1993 and I’ve not seen any noticeable improvements that Dr. Deming has advocated. There is only one thing I need to mention about the audiobook, the narrator is slow. I was able to speed the narration up by 30%.

  13. 4 out of 5

    Aaron

    I'm a fan of Deming's ideas, and I think they are better conveyed it other sources - even Wikipedia. I read Out of the Crisis some years ago and I've read bits and pieces of his writing as I came across them since then. Generally his writing is clear and concise, and his examples are relevant and illustrative. I don't know what happened here. I can recognize the usual themes and ideas that characterize all his work, but only because I'm already familiar. If this were my first exposure, I'd I'm a fan of Deming's ideas, and I think they are better conveyed it other sources - even Wikipedia. I read Out of the Crisis some years ago and I've read bits and pieces of his writing as I came across them since then. Generally his writing is clear and concise, and his examples are relevant and illustrative. I don't know what happened here. I can recognize the usual themes and ideas that characterize all his work, but only because I'm already familiar. If this were my first exposure, I'd probably have a dismissive attitude toward the rest of it. There wasn't anything wrong with the ideas themselves. However, the explanations were short and sometimes muddled. I got the point of the bead game at the end, but I don't get why it was presented so. The instructions weren't clear enough for most readers to actually practice, so I don't think it was meant to be carried out. But it wasn't written as a case study either. I don't know. Honestly, it looked like some editor wanted to get one last book in print, grabbed whatever loose notes he could find, and go Deming to sign off on a copy. The whole book looks rushed and could have benefited from another round of editing. Deming the man: 5/5 Deming's ideas in practice: 5/5 The New Economics the book: 2/5

  14. 4 out of 5

    Dan Gunter

    First book by Deming I've read. In broad and somewhat wandering strokes, he provides a vision for industry, education and beyond. It is part philosophy and part call to action. I find much of what he says about the responsibility of the system, and not the individual, for the quality of a collaborative product to ring true even in the remote tropical islands of scientific software. However, this book reads more like a conclusion than an initial statement of purpose and I think it might be good First book by Deming I've read. In broad and somewhat wandering strokes, he provides a vision for industry, education and beyond. It is part philosophy and part call to action. I find much of what he says about the responsibility of the system, and not the individual, for the quality of a collaborative product to ring true even in the remote tropical islands of scientific software. However, this book reads more like a conclusion than an initial statement of purpose and I think it might be good to go back and read "Out of the Crisis", or one of the many collaborative works from his earlier career.

  15. 4 out of 5

    Evan Leybourn

    While this book is about 30 years old, it is as relevant today as it was in the 80's. Too many managers and business leaders do not correctly understand the impact of waste and how to manage it. Although written in the context of American manufacturing, this is a call to action for all companies to address systemic problems in the way that western management operates. Though, make sure you read Out of the Crisis first.

  16. 5 out of 5

    Settebaci

    This is for a group I am in that focuses on Systems Thinking--the idea of managing and making decisions collaboratively and based on what is good for the entire system, vs. each unit going off and doing their own thing without consulting with other areas. Not that I work anywhere that actually follows this philosophy! But it is interesting to see how a truly functioning system works together for full productivity and high worker morale.

  17. 4 out of 5

    Christian Blunden

    A brutally simple view and description of what is wrong with management thinking. Deming introduces his profound system of knowledge which, I would consider, is to systems thinking what the communist manifesto was to communism.

  18. 4 out of 5

    Alsohn

    Of all the depth and knowledge in this book, the main point I walked away with is that you don't have to screw or stab someone else to get ahead. Works with Asian cultures. Perhaps, not so much with Western culture.

  19. 5 out of 5

    Mike Wilson

    Great Read Started this and had some real issues with some of the authors philosophies. My expectations were not high. I happened to listen to an audio book regarding Scrum and suddenly I had a much better understanding of the authors point of view. There is a lot to take away.

  20. 4 out of 5

    Dan

    Deming knew what he was talking about. Don't get me wrong, what he's advocating is idealist socialism, but it would really work if human greed and all other vices stayed out of the equation. He uses Scripture a lot to back up his ideas or to make a point, a not so well-known fact of Deming.

  21. 5 out of 5

    Brittany

    I read this as part of a graduate project management course, Deming is set in his ways but it provides a good introduction into his opinions. I wish he would refer to Out of The Crisis less in the narrative, its distracting at best.

  22. 5 out of 5

    Bob Schatz

    Anything Dr. Deming wrote should be required reading for any manager. Great piece! Quote "This book is for people who are living under the tyranny of the prevailing style of management"....sadly he said this almost 20 years ago and we're still at battle stations!

  23. 4 out of 5

    Rebecca

    I've been wanting to read this for a while and now that school is over they have started a discussion series at Canoga Park and I can't wait!!

  24. 4 out of 5

    Mauro Botelho

    Interesting book. It excited me to research more about statistics and validating Kanban's assumption of requirements as throughput measurement.

  25. 4 out of 5

    Rafael

    Challenging a lot of my previous studied theories.

  26. 5 out of 5

    Dave

    Required reading!

  27. 5 out of 5

    Paul

    Another wonderful book on system thinking.

  28. 5 out of 5

    Trisasi Lestari

    currently learning a system of profound knowledge. Easy to read, good practical examples.

  29. 4 out of 5

    David Tumblin

  30. 4 out of 5

    Michael Haight

Add a review

Your email address will not be published. Required fields are marked *

Loading...
We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy.