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Post by sbardwell on Aug 28, 2013 14:54:07 GMT -6
Instant MBS "Conan O’Brien says Businesses Should Have ‘Quantity of Quality’" Link of the Day 4 Comment: Sounds like a great “catch phrase.” Some companies may be able to pull that off, especially those who do not manufacture a particular product. Yet, for many producers of products and/or services the reality is there is a principle of CORE COMPETENCIES. A business should not allocate resources away from what they do best. If more products can be produced without compromising current product quality then it should be considered. It is important to weigh heavily on what is important and stick with a predetermined strategy. Stretching too thin and loosing focus can be damaging to a company. I doubt I would take advice from Conan O’Brien.
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Post by ernestmajoue on Aug 28, 2013 17:40:00 GMT -6
In the Article Conan wants two q's, Quantity and Quality, I think that Quality is a must for any business. If your business can produce quality products with the right demand you can have the quantity. His theory sounds good but most likely in order to produce a large quantity of products with high quality it will be very costly to the producer. With that said I would not mined if we had a Quantity of Quality. Great Quality products are better for the consumer even if the cost is a little higher.
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Post by sunnigrabert on Aug 28, 2013 20:27:40 GMT -6
Conan O'Brien Says Businesses Should Have 'Quantity Of Quality' I love this idea! Why hasn't the other phrase been nixed entirely?! Fastastic. As with any goal, it's going to be tough, but at least its something to strive for instead of something subpar like one or the other Q. Finding a 100% efficient way of doing things should always be the goal. There is no reason that both Q's cannot be achieved.
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Post by trey on Aug 29, 2013 9:44:06 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
Looks like our late night show host has a very good point. I feel that even I have even been sucked into the quality over quantity belief. Being a customer service administrator at a very large, and successful auto parts company should have taught me otherwise. Thousands and thousands of auto parts flow into our distribution center each day and about 98% of those are "quality" parts. With a broad customer range we have built we are able to move the quality parts quite quickly and efficiently.
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Post by w0384905 on Aug 29, 2013 10:37:32 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
"Quantity of Quality" I like it. I've always heard the saying quality over quantity but I've never heard "Quantity of Quality." It makes sense to me, why not have both. Customers are looking for quality products that will last them but a lot of companies are making products that don't last. Is this to increase profits, make you want or have to re-buy a product over and over again. Why not make it right the first time so everyone gets a quality product? My answer is money these companies want to maximize there profits and do not care at what expense.
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Post by dradecker on Aug 29, 2013 10:39:47 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
Although businesses do not look at the phrase "Quantity Of Quality" correct, I agree with this article. Why not both? In business today, especially with the abundance of resources (and those continuing to sprot) available, there is no excuse as to why we cannot have both. To be successful you have to be the better competitor. Some competitors may go for more quality and fewer quantity, while others go for more quantity while compromising quality. In my oppinion, the most efficient and effective way is to have Quantity of Quality. A business should be able to have quantity without compromising quality and vice versa.
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Post by billyg on Aug 29, 2013 10:44:43 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
Although most businesses believe the right way of looking at things is to have quality of quantity, Conan introduces the idea that they should strive for both. Having both quality and quantity is very important for the business as well as the customers. If a business can deliver on both then their over all reputation and market will grow. At work I have noticed this to be true in a few ways. At Lowes we sell a lot of paint every day. Customers come in and they notice that we have some really good paints from one brand and mediocre paint from another brand. I am often questioned as to why we do not have good paints from multiple brands. This raises a question for me as to why it is that Lowes does not sell higher quality paint of a higher quantity of brands. In any any future endeavor i may find myself in, I plan on delivering to the highest quality possible as well as having the quantity to provide for demand.
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Post by christiebrown on Aug 29, 2013 19:28:59 GMT -6
I think that "Quantity of Quality" is a good idea to keep in mind of business, however I think it would be a very difficult thing to carry on from day to day. It seems like most products and services that are offered in the US either have very good quality, with little quantity, or an abundance of quantity, without the best of quality. At the end of the day, business owners are looking to make money; if the product they are making sells and people know that it won't last that long, it can be difficult to convince the owner that they need to change something that is already profitable for him or her just to have a better quality product.
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Post by Holland Bussell on Aug 30, 2013 11:47:32 GMT -6
The question quality over quantity is probably one of the most difficult questions to answer for a business. However, it is true what O'Brien believes that businesses should strive for quality and quantity. As a customer, you don't want to have to continuously purchase a product because of its lack of quality, or only have access to one item that possesses a high quality. Businesses look at this problem from a financial perspective instead of what consumers want. They prefer to look for more cost effective means as opposed to customer satisfaction.
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Post by beccabourgeois on Aug 30, 2013 13:25:16 GMT -6
This article just opened my eyes to something I never thought about before. I guess so many people instill in your head, "quality over quantity" that most of us haven't thought about the idea of having both. Conan O'Brien made a good point in this article that it's good to have quantity of quality. I guess it also really depends on your company and what kind of products you are selling. Having more quantity could be better for some businesses than others.
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Post by kathrynprieto on Aug 30, 2013 19:12:59 GMT -6
Instant MBA: Conan O'Brien Says Businesses Should Have "Quantity Of Quality'
I think it's a great point that a business owner shouldn't feel like they can only have quality OR quantity. To have both is an amazing concept. I think an example of a company who is on their way to doing this is Apple. For a very long time they only did a few things. First it was a computer and an iPod, and people knew that these two products were great because Apple specialized in only these two things. Now they offer desktop computers, laptops, iPods, phones, tablets, and TV devices. And still they are known for having high quality products. You don't have to sacrifice one to have the other! Although it might be good practice to start small and make sure you can be consistent.
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Post by tyancey on Aug 31, 2013 14:32:58 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
What Conan is saying, is that many people go by the saying "quality over quantity". However, Conan has a good point when he says we should have both. Why should we limit ourselves to only having a few things of quality. Instead we should strive to have as many high quality things as possible. For instance, why should managers settle for just a couple of good quality employees? Instead they should strive to have a whole team of intelligent and hardworking employees that will help improve their business. Both businesses and people should start following the saying "quantity of quality".
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Post by leetaranto on Aug 31, 2013 16:03:15 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
This article focuses on having both quality and quality products or services. Focusing on just quantity is not good because the quality could not be good enough for the consumer. And if you have only high quality in a product the price could be too high and is still not good for business. This idea in the future can help one on deciding whether to have quality or quantity, when in fact you can have both.
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Post by boris on Aug 31, 2013 18:19:05 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality'
This article wants businesses to have both quality and quantity. This would be the perfect scenario for a business, but in the real world is almost impossible to achieve. Having a greater quality for small quantities is easier to do because the owner probably could manage most of the process. Once you get into a large operation of producing, you have to add other managers. People are different and have different goals. Some people will let quality get lower just to reach quantity demands. Even though it will be very hard to achieve, companies should strive for the 'quantity of quality'.
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Post by bneedham on Sept 1, 2013 19:17:37 GMT -6
INSTANT MBA: Conan O'Brien Says Businesses Should Have 'Quantity Of Quality
I have never thought about business using the idea of Quantity of Quality. I think it is tough to achieve both. Usually companies do their best when focusing on one or the other. I think it is a great idea for companies to try to have a lot of good quality products but I don't know how cost effective and successful this idea would be.
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