When a company launches new initiatives even before older ones are implemented properly, when managers leave the company and focus more on short-term profitability than long-term profitability; it is time these issues are solved. Otherwise, the business can be destroyed. In this article, we will discuss about Deming's Five Diseases of Management that a business owner encounters.
The concept of the five diseases of management was introduced by Dr W. Edwards Deming. He was a management thinker who built other tools like, Plan-Do-Check-Act and 14-Point Philosophy. The model by Deming gets its name from Mary Walton’s book published in 1986, "The Deming Management Method."