Deming on Management's Five Deadly Diseases

We've all seen W. Edwards Deming quotes and articles in a variety of management communities: continuous improvement, knowledge management, project management, Lean, Theory of Constraints, etc.  But for whatever reason, I haven't taken the time to explore his writings or speaking in great detail.  Someone on LinkedIn pointed to a video of him from 1984 describing his Management's Five Deadly Diseases.  Nice stuff.

1. Lack of constancy of purpose
2. Emphasis on short term profits
3. Annual rating of performance
4. Mobility of management
5. Use of visible figures only

I liked hearing him talk about these, because they are clearly linked together.  

in 1984 Dr. Deming foresaw the current economic crisis and the cause. Take a look at this video and you will learn of the "5 Deadly Diseases" that are at the heart of the problem.