Book Info & ToC Flashcards

(2 cards)

1
Q

The New Economics

For Industry, Government, Education

Second Edition

A

1994

ToC

  1. How are we doing?
  2. The heavy losses
  3. Introduction to a system
  4. A system of profound knowledge
  5. Leadership
  6. Management of people
  7. The red beads
  8. Shewhart and control charts
  9. The funnel
  10. Some lessons in variation
  11. Appendix: continuing purchase of supplies and services
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2
Q

Preface

A

Actually, competition, we see now, is destructive. It would be better if everyone would work together as a system, with the aim for everybody to win. What we need is cooperation and transformation to a new style of management.

The route to transformation is what I call “Profound Knowledge”. The system of profound knowledge is composed of four parts, all related to each other.

  1. Appreciation for a system
  2. Knowledge about variation
  3. Theory of knowledge
  4. Psychology

The purpose of a school of business should not be to perpetuate the present style of management, but to transform it. In other words, the purpose of a school should be to prepare students for the future, not for the past.

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