Cooperation- Dr. Deming based his new business philosophy on an ideal of cooperation. In order to fulfill its own potential, a company must harness the power of every worker in its employment; for that reason, the third point bars shoddy workmanship, poor service, and negative attitudes from the company.
Theory of Profound Knowledge -- In order to promote cooperation, Deming espouses his Theory of Profound Knowledge. Profound knowledge involves expanded views and an understanding of the seemingly individual yet truly interdependent elements that compose the larger system, the company.
Deming believed that every worker has nearly unlimited potential if placed in an environment that adequately supports, educates, and nurtures senses of pride and responsibility; he stated that the majority--85 percent--of a worker's effectiveness is determined by his environment and only minimally by his own skill. http://www.skymark.com/resources/leaders/deming.asp
>From SiliconValley.com Newsletter:
http://www.siliconvalley.com/mld/siliconvalley/business/columnists/gmsv/11268311.htm
Published: Wednesday March 30, 2005
Oh geez! Has this brie been in Carly's desk since she left? By John Paczkowski Send PC EZ Bake Ovens... http://www.thinkgeek.com/stuff/41/ezbake.shtml to Jpaczkowski at realcities.com
Bill Hewlett would have loved this, I think. Hewlett-Packard has put its future in the hands of the man who revitalaized NCR, the storied, 120-year-old company that invented the cash register. Tuesday afternoon, the struggling computer and printer maker named NCR Chief Executive Mark Hurd as successor to former CEO Carly Fiorina, who was forced out last month after clashing with the board over how to structure the company. Hurd, a humble, no-nonsense operations whiz, is a stark contrast to Fiorina, a jet-setting, self-promoting, imperious executive so at odds with the HP Way that her corner office could have been powered by solely by Hewlett spinning in his grave. "Mark is the opposite of Carly in many ways,'' said Jeff Christian, the recruiter who brought Fiorina to HP and now runs Christian & Co., an executive search firm in Cleveland. "He is much closer to the old HP culture. Mark is a Dayton boy, Midwest, down to earth.'' Hurd also has a record of underpromising and overdelivering -- something that can't be said of Fiorina, whose controversial $19 billion takeover of Compaq Computer is perhaps the worst underdelivery of an overpromise in corporate history. Since tapping Hurd as its CEO in March of 2003, NCR's stock has rocketed 332 percent to $39. Last year its profits leapt 391 percent to $285 million on sales of $6 billion. Not bad. Certainly, the Street sees Hurd as a promising choice. HP shares rose $1.99, or 10 percent, to close at $21.78 on Tuesday, though a formal announcement of the appointment wasn't made until market close.
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