A Quote by W. Edwards Deming

Management is prediction. — © W. Edwards Deming
Management is prediction.
There is no example of someone reading their scripture and saying, 'I have a prediction about the world that no one knows yet, because this gave me insight. Let's go test that prediction,' and have the prediction be correct.
Nobody believes a weather prediction twelve hours ahead. Now we're being asked to believe a prediction that goes out 100 years into the future? And make financial investments based on that prediction? Has everybody lost their minds?
Experimental confirmation of a prediction is merely a measurement. An experiment disproving a prediction is a discovery.
A prediction, in a field where prediction is not possible, is no more than a prejudice.
Nobody wants a prediction that the future will be more or less like the present, even if that is, statistically speaking, an excellent prediction.
Time management is really personal management, life management. and management of yourself.
I shall go further and say that even if an examination of the past could lead to any valid prediction concerning man's future, that prediction would be the contrary of reassuring.
A prediction is a prediction because it's predictable.
We live in a world where the laws are getting so tight that management has changed to micro-management to quantum-management to paralysis.
When I wear the hat of management, it is important that our management behaves and conducts as management accountable to the board.
Management did not emanate from nature. Management is not a tree: it's a television set. Somebody invented it. It doesn't mean it's going to work forever. Management is great. Traditional notions of management are great if you want compliance. But if you want engagement, self-direction works better.
Only human beings can look directly at something, have all the information they need to make an accurate prediction, perhaps even momentarily make the accurate prediction, and then say that it isn't so.
The essence of investment management is the management of risks, not the management of returns.
Whenever people are confronted by a prediction for the future that they simply cannot or will not believe, they always say, 'It will never happen in my lifetime.' If the prediction is something they deplore and fear, they say it with calculated bravado, often adding a smug, snorty hhrrummph.
All the scientist creates in a fact is the language in which he enunciates it. If he predicts a fact, he will employ this language, and for all those who can speak and understand it, his prediction is free from ambiguity. Moreover, this prediction once made, it evidently does not depend upon him whether it is fulfilled or not.
Any believable prediction will be wrong. Any correct prediction will be unbelievable.
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