Understanding Profound Knowledge Essay

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Recommended: Difference between scientific knowledge and ordinary knowledge

Yawen Xu
7800 Video #4
Understanding Profound Knowledge
Reporter: Lloyd Dobyns
• Dr. Dobyns’ theory is managers are professionals, not unlike medical doctors, if you learn the theory of management, and get practical experience, always testing and improving the theory. Managers must understand profound knowledge to gain profit for the company
• Profound Knowledge is not the same as knowledge
• Materials go to the factory → products come out and go to customers → companies do consumer research → companies do design of product + service and re-design → then it will affects three parts 1) materials; 2) processes; 3) product. As a result, it will improve the process.
• The problem is quality. What is wrong with the company? o Automation; new machinery; gadgets; computers; hard …show more content…

• The component sub-processes are necessary but not sufficient of themselves to accomplish the aim of the system.
• Management of a system therefore requires the knowledge of the inter-relationships between all the sub-processes within the system and everybody that works in it.
• Profound Knowledge: A. A system; B. Statistical Theory; C. Theory of knowledge; D. Psychology
• A. Knowledge of A System: 1) the degree of inter-dependence between the component processes may vary from one system to another. 2) Theory of optimization. Management’s job is to optimize the system. And sub-optimization is costly. All activities should be coordinated to optimize the whole system.
• B. Knowledge of Statistical Theory: 1) Some knowledge about variation. Variation there will always be between people, in output in service, in product. 2) Understand of the capability of a process. 3) Knowledge about the different kinds of uncertainty in statistical

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