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Business Management

Total Quality Management (TQM): Driving Success with a Transformative Approach

Posted on April 6, 2023 by Sara Kremsar
Imagine a business world where quality is not just a goal but a way of life—a perpetual journey of improvement that infiltrates every aspect of an organization. This captivating management philosophy is none other than Total Quality Management (TQM), a transformative approach designed to revolutionize the quality of products, services, and processes within your company. By embracing continuous, or...

Driving Business Excellence through Quality Management Systems

Posted on March 27, 2023 by Sara Kremsar
Quality is an important factor in any business, but what does it really mean? According to ISO (International Organization for Standardization), quality refers to the level to which a set of inherent characteristics meets specific requirements. To ensure that a business meets these requirements, it needs quality management. ISO defines quality management as coordinated activities that direct and c...

Critical Role of Quality Management and Policies

Posted on March 16, 2023 by Sara Kremsar
Quality management is a critical aspect of running any organization. A clear and effective quality policy is essential to ensure that the organization meets its quality objectives and provides high-quality products and services to its customers. The quality policy formally expresses the organization's overall views and direction regarding quality, outlining its desired results and providing a fram...

Benchmarking Process vs. Benchmarking of Processes

Posted on February 21, 2023 by Sara Kremsar
Benchmarking can be applied to various aspects of an organization's operations, including product quality, customer service, marketing strategies, and financial performance. It can also be used to compare internal processes within an organization, such as HR processes, IT systems, and supply chain management. By comparing their processes and performance to those of industry leaders or competitors,...

Unlocking Business Potential through Effective Benchmarking

Posted on February 14, 2023 by Sara Kremsar
In today's highly competitive business environment, organizations must constantly strive to improve performance and stay ahead of competitors. One effective tool for achieving this is benchmarking, which involves comparing one's business processes and performance against those of competitors or industry leaders. By analyzing and adopting best practices, benchmarking enables organizations to identi...

Customer-Centric Business Model (CBDM)

Posted on December 22, 2022 by Sara Kremsar
In today's digital economy, value is often created by cultivating successful customer relationships. Companies need to break down structural silos and work cross-functionally by aligning customer needs and organizational design. This encourages companies to rethink their business models and think more interconnectedly. Today, companies can no longer maintain a customer base just by doing business...

Customer-Centric Organizations

Posted on December 19, 2022 by Sara Kremsar
Customer expectations and behaviors have changed dramatically over the past decade. Customers have changed their behavior, way of thinking, and how they approach companies. Organizations are expected to meet customer expectations, their needs and wants in every interaction in return for loyalty. Company revenue results from customers' purchasing decisions. The organization's growth stems from the...