Radar Logic in the business excellence - Essay Example

Only on StudentShare

Extract of sample
Radar Logic in the business excellence

Every organization has a mission, vision and goal. In addition, businesses develop strategies in which they can ultimately achieve these objectives. This is referred to as the business plan. It is essential that businesses develop a means in which they can assess their development with respect to achieving their goals and objectives. The intention of this treatise is to make out whether the organization is indeed running right in terms of direction and pace. The EFQM Business mold operates by providing organizations a yardstick for which they can measure and evaluate their existing position as pertains to excellence (Hakes & Wilkinson, 2007, 76). With this, the organization is granted the opportunity to identify the facets of the organization that is need of additional efforts in order to achieve the overall goal of excellence of the organization. The EFQM emphasizes on the importance of prioritizing the shareholders purposes and ensuring that the original targets of the company are met as stipulated.
In conclusion, the EFQM model is a necessary tool for measuring the progress of the organization with respect to its goals. It beneficial as it helps to single out and analyze the different areas of the organization in terms of their performance. This is essential in the identification of the areas that need more attention and effort in order for the organization to achieve the excellence level that is ...Show more


The "EFQM Excellence model" is among a group of techniques used by organizations to assess and develop an optimum strategy for gaining competitive advantage. This model was designed and endorsed by the European company European Foundation for Quality Management (EFQM) (Hakes &…
Author : lexusstehr
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Radar Logic in the business excellence"
with a personal 20% discount.
Grab the best paper

Related Essays

Business Excellence
nc is renowned to be one of the leading Information Technology (IT) companies with its home country as United States. In the year 1984, Michael Dell founded Dell Computer Corporation (Dell). From the introduction of its very first model, the company’s strategy was to sell directly to the customers, which assisted the company to build direct relationships with no intermediaries’ cost.
20 pages (5000 words) Essay
Business Excellence
It is in the face of these variations that people in businesses seek to improve their profit margins. They look for better and more efficient methods of reducing or eradicating these business challenges. These methods, which are referred to as business improvement methodologies, are numerous, but only four have been discussed in this part, including six sigma methodologies, business process reengineering and balanced scorecard and total quality management (TQM) (de Waal 2003).
20 pages (5000 words) Essay
Assignment 3 : A Business Report
Additionally, this report also shows three integrated components which can help Executive Bank to deliver excellent services to its potential customers by maintaining superior relationship with its business partners. Moreover, the report reveals the utilisation of EFQM model by other service organisations and its advantages that they have obtained.
10 pages (2500 words) Essay
Business Excellence - : Assessment of one company's product/service excellence OR research paper
A business survives because of its market. Therefore to maintain the customer base, the business needs to present quality product & service to the market. The market is full of substitutes, so whenever a product or service deteriorates its quality the customer shifts to the other available options.
10 pages (2500 words) Assignment
Analysis of Business Excellence criteria
Even after the 9/11 hit back, two consecutive gulf wars and rising fuel prices, the company has not witnessed a loss since the past 25 years. The company under the purview of this paper is Emirates Group, one of the largest global carriers in the aviation industry (Arabian Aerospace, 2013).
16 pages (4000 words) Essay
A Comparison of Quality and Business Excellence Programs in the World
In overall context, awards are almost similar but encompass few differences. The article deals with two important concepts such as quality management and quality awards. Business excellence and quality awards programs are observed across 76 countries. These
2 pages (500 words) Assignment
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email