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    New Blog Address: management.curiouscatblog.net

    Monday, May 16, 2005

    SEC chief quotes Deming

    Security and Exchange Chairman William H. Donaldson Speaks At Chartered Financial Analysts Institute Annual Conference:

    This approach will, ultimately, better serve investors, and it will also gradually temper the pressures on some corporate executives to fudge the numbers. It would behoove us all to remember the words of W. Edwards Deming: “People with targets, and jobs dependent on meeting them, will probably meet the targets – even if they have to destroy the enterprise to do it."

    1 Comments:

    Blogger qualityg says said...

    Thank you for keeping the teachings of Dr. Deming alive and well.

    qualityg

    8:05 AM  

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