Cost Quote by W. Edwards Deming

Lack of planning is the cause of most failures.

— Brian Tracy

Eighty-five percent of the reasons for failure are deficiencies in the systems and process rather than the employee. The role of management is to…

— W. Edwards Deming

Is the proposed operation likely to succeed? What might the consequences of failure? Is it in the realm of practicability in terms of material…

— Chester W. Nimitz

Management cannot solve problems. Nor can it stir creativity of any sort. It can only manage what it is given. If asked to do…

— John Ralston Saul

“However, most defects end up costing more than it would have cost to prevent them. Defects are expensive when they occur, both the direct…

— Kent Beck

The tiny cost of failure...is dwarfed by the huge cost of not trying.

— Seth Godin

Many people in management are being paid to produce waste.

— W. Edwards Deming

In technology, most things fail. Most companies fail.

— Paul Allen

“It also seems like common sense that good production management involves keeping every employee busy and every machine fully utilized, to justify the capital…

— James P. Womack

By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory…

— Lewis Mumford

In the future, in a saner system, we would design products not to wear out and break down; to last as long as possible,…

— Jacque Fresco

Management is the control of a resource in order to minimise waste and maximise the development of latent possibilities.

— Welye Anuwama Ibrahim