
- Lack of constancy of purpose to plan product and service that will have a market and keep the company in business, and provide jobs. Without good long term planning, worker efforts will be irrelevant
- Emphasis on short-term profits: short-term thinking (just the opposite from constancy of purpose to stay in business), fed by fear of unfriendly takeover, and by push from bankers and owners for dividends.
- Evaluation of performance, merit rating, or annual review.
- Mobility of management; job hopping.
- Management by use only of visible figures, with little or no consideration of figures that are unknown or unknowable.
- Excessive medical costs.
- Excessive costs of liability, swelled by lawyers that work on contingency fees.
Suggested Reading & Bibliography
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Out of the Crisis - W. Edwards Deming (1986) |
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