By: A Staff Writer
Updated on: Jul 19, 2024

What: Iterative improvement loop: Plan (identify the problem, propose solutions), Do (implement on a small scale), Check (collect data), Act (analyze results, adopt, or abandon the change).
Who: W. Edwards Deming, quality-focused statistician.
Why: Instills scientific thinking in entrepreneurs – making changes based on evidence, not hunches.
When: Trying to improve anything: a process, product, marketing message, etc.
How: