He Pointed Firms To Quality [the broken link was removed] by Kirk Shinkle:
In the introduction to his 1983 book “Out of the Crisis,” Deming called hostile takeovers and leveraged buyouts “a cancer in the American system.” “Fear of takeover, along with emphasis on the quarterly dividend, defeats constancy of purpose,” he wrote. He also derided a focus on short-term profits that comes with traditional benchmarks used by many corporations.
“Back in 1980 when he talked about working with your suppliers, people would just back up against the wall. That was heresy,” Orsini said. “Now we’re teaching courses in supply chain management, and most people have no idea the roots of it are in Deming’s thinking.” Deming opposed protectionist laws and policies, calling trade between nations “an essential component of peace and prosperity.” Deming’s influence on managing people’s skill was built on a solid foundation of quantifiable fact.
Related: Deming on Management – The purpose of an organization – distorting the system – Management: Geeks and Deming – Curious Cat Deming Connections – Red Bead Experiment – Curious Cat Investment Blog – Willam O’Neil (Investor’s Business Daily founder) – not exactly a Deming based investing approach
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