Deming Chain Reaction - Explained
What is the Deming Chain Reaction?
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
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Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
What is the Deming Chain Reaction?
The Deming Chain explains the reason why organizations should spend effort, time and money to improve the quality of their products and services.
What are the steps in Deming's Chain Reaction?
Improve Quality = Costs decrease because of less rework, fewer mistakes, fewer delays, snags, better use of machine-time and materials = Productivity Improves = Capture the market with better quality and lower price = Stay in Business è Provide jobs and more jobs