ISO 9000
Title: ISO 9000
Category: /Business & Economy
Details: Words: 503 | Pages: 2 (approximately 235 words/page)
ISO 9000
Category: /Business & Economy
Details: Words: 503 | Pages: 2 (approximately 235 words/page)
W. Edwards Deming, the quality control expert, wrote a very interesting book in the 1950s, entitled Out of the Crisis. In this book, Deming wrote a formula to show how quality improvement results in a chain reaction:
Improve quality>>costs decrease (less rework, fewer delays)>>productivity improves>>capture the market with better quality and lower prices>>stay in business&
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benefits of a Just-In-Time inventory system, which is used by most corporations today. The other section described the Total Quality Management (TQM) system, which is all-inclusive of the information that I have described in the preceding paragraphs.
I would recommend this article to future MSSL students. I think it is very relevant to the study of Strategic Leadership. In fact, I would recommend the reading of Deming's work to anyone studying business or leadership principles.