Why was the Malcolm Baldrige Award established?
Considering this, why is the Malcolm Baldrige Award important?
The main purpose of the Baldrige Award is to: Raise awareness about the importance of performance excellence. Motivate U.S. companies and organizations to improve their quality standards and strive for excellence. Help companies and organizations embody the competitive spirit and drive the U.S. economy forward.
Beside above, how does the Baldrige Award work? The Baldrige Award was never designed to reward product or service excellence alone. Quality results do matter; 250 of the available 1,000 points are for product, service, process, supplier, and customer satisfaction results. But the bulk of the award focuses on management systems and processes.
In this way, what is Malcolm Baldrige framework?
The Baldrige Excellence Framework empowers your organization—no matter its size, and whether it is in the manufacturing, service, small business, nonprofit or government sector— to: Reach your goals. Improve your results. Become more competitive by aligning your plans, processes, decisions, people, actions, and results.
What is the only service company to have won the Malcolm Baldrige National Quality Award twice?
MEDRAD Inc., a business of Bayer HealthCare, on November 23 joined an elite group of only five companies that have received the prestigious Malcolm Baldrige National Quality Award more than once.