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TQM |
Also found in: Medical, Acronyms, Wikipedia, Hutchinson | 0.01 sec. |
Total Quality Management (TQM)Management practices designed to improve the performance of organizational processes in business and industry. Based on concepts developed by statistician and management theorist W. Edwards Deming, TQM includes techniques for achieving efficiency, solving problems, imposing standardization and statistical control, and regulating design, housekeeping, and other aspects of business or production processes. See also International Organization for Standardization (ISO); Total Quality Control (TQC). TQM(Total Quality Management) An organizational undertaking to improve the quality of manufacturing and service. It focuses on obtaining continuous feedback for making improvements and refining existing processes over the long term. See ISO 9000. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Many Indian companies especially in the automobile-component sector have been applying the principles of TQM or Business Excellence for competing in this very competitive market. TQM has also shown success in nonprofit service organizations (Renee 1999). TQM, Six Sigma, reengineering: all are time-honored and sometimes wonderfully effective ways to change a company for the better. |
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