In part 1 of this series, I blamed myself for the recession. Actually, I blamed all quality professionals but I was trying to be polite. I also explained what one of our challenges is, if we hope to have a hand in turning the economy around.
I asked, “Why don’t we have more quality-type people at the highest levels within a company? How can we promote quality ideals at the highest levels? How can we get more quality people to run organizations?”
In this article I pose the second challenge.
Challenge No. 2
We must ask ourselves, “How can we be more proficient in spreading the word of quality, the word of Dr. Deming, and the word of stability in the markets; the benefits of control charts at all levels of any organization, or state or federal government; and the evils of greed and short-term thinking?” And then we must do something about it.
Sending Wall Street to Jail
While writing this article, I was also reading an article by Roger Parloff with the same title as this section, from the Sept. 19, 2008, edition of Fortune Magazine. I read with horror the following paragraph regarding the role of prosecutors of the Wall Street CEOs whose companies we are now bailing out:
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