The New Economics for Industry, Government, Education

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Massachusetts Institute of Technology, Center for Advanced Engineering Study, Jan 1, 1994 - Business & Economics - 247 pages
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The new second edition of W. Edwards Deming's final book includes revisions to THE DEMING SYSTEM OF PROFOUND KNOWLEDGE (tm). This is the knowledge needed for transformation from the present style of management to one of optimization. Dr. Deming writes, "This book is for people who are living under the tyranny of the prevailing style of management." This second edition also includes an appendix, titled "Continuing Purchase of Supplies & Service," which will be helpful to readers who wish to better understand his writings on relationships with suppliers. This important book builds & expands on the foundation of Dr. Deming's lifework as detailed in his classic book, OUT OF THE CRISIS (ISBN 0-911379-01-0, MIT/CAES, $29.50). THE NEW ECONOMICS is heavily cross-referenced to OUT OF THE CRISIS--new followers of the Deming philosophy will find it necessary to read both books. Born with the century, W. Edwards Deming was one of the great American leaders of the postwar era & the voice of quality worldwide. Until his death in December of 1993, Dr. Deming maintained a thriving consulting practice with clients in manufacturing, telecommunications, transportation, healthcare, education, & government. His renowned four-day seminars reached over 10,000 people annually. To order from MIT Center for Advanced Engineering Study (617) 253-7444. FAX: (617) 253-8301.

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Contents

How Are We Doing?
1
The Heavy Losses
22
Introduction to a System
49
Copyright

6 other sections not shown

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