W Edwards Deming was an influential management expert born in Sioux City, IA on October 14, 1900. He is best known for revolutionizing the practice of Japanese businesses after World War II and for advising American corporations on labor relations. His work had a major impact on the success of Japanese businesses and his teachings are still used today.
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Age, Biography and Wiki
💰 Net worth: $1.7 Million (2024)
W Edwards Deming, the renowned entrepreneur from IA, is estimated to have a net worth of $1.7 million in 2024. Deming is widely recognized for his remarkable contributions to the field of management and his groundbreaking ideas on quality control and continuous improvement. Through his teachings and consulting work, Deming revolutionized the way businesses operated and helped numerous organizations achieve outstanding results. His net worth is a testament to his exceptional entrepreneurial journey and the impact he has had on the business world.
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About
Management expert who revolutionized the practice of Japanese businesses post-WW II and advised American corporations of labor relations.
Before Fame
He was for the most part an unremarkable researcher when he was invited to Japan to speak on his principles of quality control.
Trivia
His teachings were based on the fundamental theory that most of the poor quality in products was attributable to poor managers rather than poor workers.
Family Life
He was born in Sioux City, Iowa, and grew up in Wyoming, his father a part-time Lawyer.
Associated With
He was awarded the National Medal of Technology by President Ronald Reagan in 1987.