The TQM strategy is a management philosophy that focuses on continuous improvement and customer satisfaction. The goal of the TQM strategy is to maximize customer value and company profit.
Keyword: TQM strategy, tqm
Topic: management strategy
Tags: business plan template, how to write a blog post, what is the TQM strategy? “The TQM Strategy” – What is it and How does it work? The term “TQM,” which stands for Total Quality Management has two main aspects.
One aspect of total quality management is continual improvement in product or service design (regardless if they are already considered high-quality). This may entail continuously improving on performance metrics such as safety, reliability, sustainability and customer satisfaction.
Another aspect of total quality management focuses on employees’ skill development and motivation; this could mean training workers on new skill sets that will make them more valuable at the company or maximizing performance through incentives and rewards. — The TQM strategy is a management philosophy that focuses on continuous improvement and customer satisfaction.
The goal of the TQM strategy is to maximize customer value and company profit. A key aspect of implementing the TQM strategy revolves around a continual product or service design improvements, also known as “kaizen.”
Kaizen has two main aspects:
One where high-quality products or services are continuously improved by maximizing employee skillsets; and
Ahere workers’ skill development centres around continually improving already considered high-quality designs for safety, reliability, sustainability and customer satisfaction via metrics such as safety, reliability, sustainability, cost reductions in manufacturing resources (e.g., energy consumption), etc.