Here's the question: Dr. Deming's 14 Points: Select one of the points and elaborate why you chose it and cite examples from your work experience or research. Is this philosophy still applicable in management? Here's my classmate's answer:  Hello Classmates: I would like to discuss Dr. Deming’s Point 5: Improve constantly and forever the system of production and service. This principle resonates with me. It underscores the importance of ongoing improvement, a relevant and crucial concept in today’s fast-paced and ever-changing business environment. In my work experience, I’ve seen firsthand how organizations that embrace a culture of continuous improvement tend to outperform those that don’t. For example, we implemented a regular feedback loop at a previous company where employees could suggest workflow enhancements. This not only led to increased efficiency but also boosted morale, as team members felt their contributions were valued. By consistently analyzing processes and making incremental changes, we reduced turnaround time by 30%, showcasing the direct benefits of a commitment to improvement. The active involvement of employees in the improvement process was crucial, making them feel engaged and integral to the company's success. Moreover, I’ve researched companies like Toyota, known for its Toyota Production System (TPS). They exemplify continuous improvement through the “Kaizen” concept, which encourages all employees to suggest small changes regularly. This has led to significant operational efficiencies and a solid competitive edge in the automotive industry. Dr. Deming’s philosophy is undoubtedly still applicable in management today. Organizations prioritizing continuous improvement in an era marked by rapid technological advancements and changing consumer preferences can more readily adapt to new challenges. Lean management practices and Agile methodologies in software development reflect this ethos, focusing on iterative progress and responsiveness. In summary, constant improvement is relevant and essential in modern management, driving innovation and operational excellence. This emphasis on continuous improvement as a driver of innovation inspires us to think forward and push the boundaries of what is possible in our respective fields. Best  Kim Nguyen Can you give a comment on this? Thank you!

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Here's the question: Dr. Deming's 14 Points: Select one of the points and elaborate why you chose it and cite examples from your work experience or research. Is this philosophy still applicable in management?

Here's my classmate's answer: 

Hello Classmates:

I would like to discuss Dr. Deming’s Point 5: Improve constantly and forever the system of production and service. This principle resonates with me. It underscores the importance of ongoing improvement, a relevant and crucial concept in today’s fast-paced and ever-changing business environment.

In my work experience, I’ve seen firsthand how organizations that embrace a culture of continuous improvement tend to outperform those that don’t. For example, we implemented a regular feedback loop at a previous company where employees could suggest workflow enhancements. This not only led to increased efficiency but also boosted morale, as team members felt their contributions were valued. By consistently analyzing processes and making incremental changes, we reduced turnaround time by 30%, showcasing the direct benefits of a commitment to improvement. The active involvement of employees in the improvement process was crucial, making them feel engaged and integral to the company's success.

Moreover, I’ve researched companies like Toyota, known for its Toyota Production System (TPS). They exemplify continuous improvement through the “Kaizen” concept, which encourages all employees to suggest small changes regularly. This has led to significant operational efficiencies and a solid competitive edge in the automotive industry.

Dr. Deming’s philosophy is undoubtedly still applicable in management today. Organizations prioritizing continuous improvement in an era marked by rapid technological advancements and changing consumer preferences can more readily adapt to new challenges. Lean management practices and Agile methodologies in software development reflect this ethos, focusing on iterative progress and responsiveness.

In summary, constant improvement is relevant and essential in modern management, driving innovation and operational excellence. This emphasis on continuous improvement as a driver of innovation inspires us to think forward and push the boundaries of what is possible in our respective fields.

Best 

Kim Nguyen

Can you give a comment on this? Thank you!

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