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Purpose: To Benefit All Stakeholders

Deming Institute

Edwards Deming described the purpose of an organization in The New Economics , 1993, on page 51, as: The aim proposed here for any organization is for everybody to gain – stockholders, employees, suppliers, customers, community, the environment – over the long term. CONTINUE YOUR DEMING JOURNEY.

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article thumbnail

Purpose: To Benefit All Stakeholders

Deming Institute

Edwards Deming described the purpose of an organization in The New Economics , 1993, on page 51, as: The aim proposed here for any organization is for everybody to gain – stockholders, employees, suppliers, customers, community, the environment – over the long term. Edwards Deming’s ideas create a management system that does this well.

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