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Category Archives: Deming
Cutting Hours Instead of People
When financial and economic realities reach the point that labor costs must be cut I believe a good option to consider is cutting hours (and pay) instead of people. Continue reading
Posted in Career, Creativity, Deming, Innovation, Management, Respect, Systems thinking
Tagged layoffs, management, respect for people
2 Comments
Looting: Bankruptcy for Profit
Looting: The Economic Underworld of Bankruptcy for Profit by George Akerlof, University of California, Berkeley; National Bureau of Economic Research (NBER) and Paul Romer, Stanford Graduate School of Business; National Bureau of Economic Research (NBER). George Akerlof was awarded the … Continue reading
Posted in Deming, Economics, Management, Systems thinking
Tagged Economics, ethics, executive pay, overpaid executives
7 Comments
Some Firms Cut Costs Without Resorting to Layoffs
Some Firms Cut Costs Without Resorting to Layoffs Hypertherm Inc. has never laid off a permanent employee in its 40-year history. A 20% downturn in sales in recent months led the closely held maker of metal-cutting equipment to eliminate overtime, … Continue reading
Posted in Deming, Management, Process improvement, Respect, Systems thinking
Tagged Deming, economy, jobs, layoffs, management
Comments Off on Some Firms Cut Costs Without Resorting to Layoffs
How Private Equity Strangled Mervyns
I do not like the actions of many in “private equity.” I am a big fan of capitalism. I just object to those that unjustly take from the other stakeholders involved. It is not the specific facts of this case, … Continue reading
Posted in Deming, Management, Respect, Systems thinking
Tagged ethics, management, Respect, short term thinking, Systems thinking
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Honda has Never had Layoffs and has been Profitable Every Year
Engineers Rule, 2006 Longtime auto analyst John Casesa, who now runs a consulting company, says, “There’s not a company on earth that better understands the culture of engineering.” The strategy has worked thus far. Honda has never had an unprofitable … Continue reading
Posted in Deming, Lean thinking, Management, Respect
Tagged cars, engineering, executive pay, Japan, layoffs, management
7 Comments
What’s the Value of a Big Bonus?
What’s the Value of a Big Bonus? by Dan Ariely To look at this question, three colleagues and I conducted an experiment. We presented 87 participants with an array of tasks that demanded attention, memory, concentration and creativity. We asked … Continue reading
Posted in Data, Deming, Management, Psychology, Respect, Systems thinking
Tagged bonus, Data, executive pay, experiments, extrinsic motivation, Psychology
Comments Off on What’s the Value of a Big Bonus?
6 Leadership Competencies
At the recent Annual W. Edwards Deming Institute Annual conference (this year held in Madison, Wisconsin) Peter Scholtes gave an excellent speech on the 6 Leadership Competencies from his book: The Leader’s Handbook. Those competencies are: The ability to think … Continue reading
Posted in Deming, Management, Psychology, Systems thinking
Tagged Deming, John Hunter, Madison, Peter Scholtes, quote, tips, variation
8 Comments
Righter Incentivization
Incentive schemes to get people “motivated” often backfire. Why can’t we figure out how to incentivize the behavior we desire and have it not backfire on us? What is the righter way to dangle incentives in front of our employees … Continue reading
Posted in Deming, Management, Psychology, quote, Respect, Systems thinking
Tagged curiouscat, Deming, Douglas McGregor, extrinsic motivation, John Hunter, motivation, quote
7 Comments
Get Rid of the Performance Review
Get Rid of the Performance Review! by Samuel Culbert To make my case, I offer seven reasons why I find performance reviews ill-advised and bogus. … Inevitably reviews are political and subjective, and create schisms in boss-employee relationships. The link … Continue reading
Posted in Deming, Management, Performance Appraisal
Tagged Deming, management, Performance Appraisal
1 Comment
National Medal of Technology and Innovation
Armand V. Feigenbaum received the 2007 National Medal of and Technology and Innovation for his leadership in the development of the economic relationship of quality costs, productivity improvement, and profitability, and for his pioneering application of economics, general systems theory … Continue reading
Posted in Deming, Management
Tagged awards, Deming, management, TQM
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