A Quote by Eliyahu M. Goldratt
If you don't manufacture a quality product all you've got at the end is a bunch of expensive mistakes.
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Process innovation is different from product innovation. It's about how do you create a new product or develop a new product or manufacture a new product, but not a new product itself?
I know the Chargers made mistakes, but I made a bunch of mistakes myself, and I've got to take responsibility for that.
The mistake that makes launching a venture expensive is when you try to make a disruptive technology so good that it can compete on a quality basis with an established product.
Great product trumps all. You can have the biggest marketing budget, the biggest show, a perfect merchandising plan, but at the end of the day, it doesn't mean anything if the design and quality of the product you are offering is not compelling.
Fidelity is the total quality of an experience, including a sense of exclusiveness and aura. Convenience is simply how easy something is to get, which often means a low price and ubiquitousness. A super-fidelity product or service would lose its luster and quality if it's pushed too hard toward convenience. A super-convenient product or service would start to get expensive and exclusive if it moved toward higher fidelity, which would naturally undermine its convenience.
Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
Germany has great skill levels, great infrastructure, high-quality plant. If you go to the U.K., we're very creative, and we've got the language, but energy costs are pretty much the most expensive in the Western world; pensions are pretty expensive, and the skills are significantly below those in Germany and the U.S.
It's easier to build a business around a first-class product, even if it's a more expensive product to produce.
With such a perishable, expensive and important product buying truffles can be a leap of faith for a chef. Working with Céline over the past two years has taken away any of that stress. The level of quality and consistency with her truffles is unsurpassed. Most importantly the quality and loyalty of her service makes me feel that she is looking out for me and my guests interests in giving me an honest assessment of the markets fluctuations.
By acquiring all of your furniture from different eras and places and things that are expensive and inexpensive, it will make your end product have a great spirit.
There are lots of ways to design a workflow - for instance, some land surveyors book their notes by hand, and some use electronic data collectors. Every firm has its own unique way of arriving at the end product. However, from a licensed land surveyor, the product should always be of the same high quality.
Consumers will purchase high quality products even if they are expensive, or in other words, even if there are slightly reasonable discount offers, consumers will not purchase products unless they truly understand and are satisfied with the quality. Also, product appeal must be properly communicated to consumers, but advertisements that are pushed on consumers are gradually losing their effect, and we have to take the approach that encourages consumers to retrieve information at their own will.
Practice quality, and you get better at quality. But quality takes time, so by working solely on quality, you end up losing something else that's important - speed.
A script is a unique literary form, because it's not the end product; it's a blueprint. If you're not thinking of that end product, there's going to be a disconnect.
Social enables word of mouth at an unprecedented scale. Its most powerful effect, through reviews and recommendations, is to put product quality and value for money as the key to success in commerce. Social brings a level of transparency that prevents marketers from advertising their way to success without underlying product quality.
Boredom is not an end-product, is comparatively rather an early stage in life and art. You've got to go by or past or through boredom, as through a filter, before the clear product emerges.
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