He that expects to quantify in dollars the gains that will…
“He that expects to quantify in dollars the gains that will accrue to a company year by year for a program for improvement of quality expounded in [Out of the Crisis] will suffer delusion. He should know before he starts that he will be able to quantify only a trivial part of the gain.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Quantifying quality‑improvement gains in dollars is largely illusory; only a small portion can be measured.
In simple terms: Quality gains are hard to fully measure financially.
Accept limits of financial metrics.
Themes
Mood
Type
When to use this quote
- process improvement
- budget planning
- performance reviews
Key Concepts
Questions to Reflect On
- How can we value non‑financial benefits?
- What alternative metrics capture true quality?
Over‑reliance on numbers can mislead decisions.