W. Edwards Deming Quotes

Quality will save our company.

When you're out of quality, you're out of business.

I didn't generate my success by being a prognosticator. I developed my reputation building our businesses by building great businesses and making them more efficient.

If we're building high quality companies, if the customers like the products, if the technology innovation is real, then the substance is going to win out in the end.

A sustaining innovation makes better products that you can sell for better profits to your best customers.

Every time we bring someone in we ensure that they are a strategic thinker, but even more important that they understand that if the products aren't successful and the products don't sell that there won't be anything to strategize about.

Consumer accountability drives quality and efficiency.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

As long as our quality and company continue to get better, by nature, we will get bigger.

To be successful, innovation is not just about value creation, but value capture.

The surest foundation of a manufacturing concern is quality. After that, and a long way after, comes cost.

If big, old-fashioned businesses don't attract female talent, then small up-and-coming ones will, and they will end up winning.

The teams and how we perform and how we deal with customers, how we invest in the things we do right now - that's what writes the story for GE.

We are producing something people can live without. But we need to keep thinking what would make our products a priority purchase even if they are not a necessity. If we stop doing that, no matter how successful Nintendo is at the moment, things will start going wrong in no time.

A lot of companies think sales is, like, a necessary evil. Sales is really the most noble part of the business because it's the part that brings the solution together with the customer's need.

We have to have a successful box business if we are going to go beyond the box.

One of the things that slightly annoys me in business is that we use words like innovation. Young people often think innovation is about doing something new, but actually it's not. It's about doing something better than your competition.

Anybody who can improve the business in the long run is a good buyer.

Your innovation can create new winners and losers; or at the very least, make existing companies look fresh and innovative by partnering with you. Everyone wants to align with market makers.

There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.

All wealth comes from adding value, from producing more, better, cheaper, faster, and easier than someone else.

The promise of every product and service is a better life. Profits are the prize for delivering on the promise.

Companies that solely focus on competition will ultimately die. Those that focus on value creation will thrive.

Companies that build scale for the benefit of their customers and shareholders more often succeed over time.

You need to spend all of your time and energy on creating something that actually brings value to the people you're asking for money!