as cited in the chapter, edward deming, a famous businessman, once said, "in god we trust. all others bring data." what did deming mean in terms of developing a strategic plan?

Respuesta :

The remark implies that while we put our faith in God and his judgments for all matters of the spirit, gathering data is essential before making any other decisions.

It applies to all of the processes and fields that are in use today. It is crucial to the formation of the strategic plan. It is impossible to draw conclusions or make decisions without the data.

For instance, historical sales data is crucial for anyone working in sales in order to identify trends, seasonality, variations, etc. If not, it could lead to a bad estimate that causes too much inventory or not enough supply for the market. In a similar vein, it is crucial for all other sectors, such as marketing, to gather customer feedback through surveys, consumer feedback, and litmus tests.

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