Able Quote by W. Edwards Deming
“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
Source Book: Out of the Crisis, 1982, Management Theory
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.