Professional Documents
Culture Documents
Business Excellence Models
Business Excellence Models
Organizations make their own frameworks, but most of them are based on the following models:
the Malcolm Baldrige National Quality Award
the EFQM Excellence Award
the Deming Prize
Although there are many other models that can also be followed, however these three are the most
common.
Let’s take a look at what are these three models all about
The first one is
Malcolm Baldrige National Quality Award
the award was established in order to raise awareness of quality management and recognize U.S.
companies that have implemented successful quality management systems.
In order to win this award, an organization follows the Baldridge Excellence Framework
The Baldrige Excellence Framework serves two main purposes:
To help organizations assess their improvement efforts, diagnose their overall performance
management system, and identify their strengths and opportunities for improvement
To identify Baldrige Award recipients that will serve as role models for other organizations.
There are Seven criteria categories or also known as Baldrige Criteria for Performance Excellence
these seven criteria represent the various aspects of organizational management and performance
Benchmarking
the process of measuring products, services, and processes against those of organizations known to be
leaders in one or more aspects of their operations.
Its like comparing products and whichever is the best among them becomes the new standard for that
item or services.
it provides ideas for improvement and adoption of useful practices
it can give necessary insights to help you understand how your organization compares with similar
organizations, and how you can make it better
allows the organization to set goals and measure productivity, on the basis of the best industry
practices.
Types of benchmarking
Meaning
Categories of Benchmarking