Creative Accounting, Management and Quality

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Creative Accounting

Management

Quality

Eliminate Slogans, Exhortations and Targets

Deming Institute

APRIL 7, 2016

Edwards Deming’s list of 14 points for western management : Eliminate slogans, exhortations, and targets for the work force asking for zero defects and new levels of productivity. Slogans are a way to say you care about quality without actually demonstrating you care. If so, you should examine your management system.

Deming

Deming System Incentives Short-term

We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

APRIL 5, 2017

However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. Many compensation plans reward managers for higher earnings and higher stock prices, as opposed to rewarding them for adding long-term value to the firm.

EPS

EPS Metrics Depreciation Short-term

Leadership Digital

Eliminate Slogans, Exhortations and Targets

We Can’t Study Short-Termism Without the Right Metrics

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