
Total
Quality Management (TQM)
· It is the process that suggests that high
quality standards (e.g., ISO 9000) should be maintained in other aspects of
management such as production cost, marketing, sales promotion, etc.
Total quality management is based on the four powerful
elements:
- Focus on customer expectations,
- Employees' involvement,
- Mastery of processes,
- Team work.
Definition of TQM:
·
According to John Gilbert, Total
Quality Management is "A
process designed to focus on customer expectations, preventing problems,
building commitment to quality in the workforce and promoting open
decision-making."
Advantages of TQM
- Strengthened competitive position
- Adaptability to changing or emerging market conditions
and to environmental and other government regulations
- Higher productivity
- Enhanced market image
- Elimination of defects and waste
- Higher profitability
- Improved customer focus and satisfaction
- Increased customer loyalty and retention
- Increased job security
- Improved employee morale
- Enhanced shareholder and stakeholder value
- Improved and innovative processes
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