In this Competitive Business World Total Quality Management is the Need of the Hour!

1. In this Competitive Business World Total Quality Management is the Need of the Hour! Since business are becoming global and reaching newer heights each day, the competition is getting harder and most importantly improving. Because of this companies now have to be more proactive and responsive, and have to make sure they offer better services or products and that’s not all they need to keep improving themselves to survive. In an increasingly competitive market, firms require continuous improvement from all dimensions because this is the only way for a company to survive! Furthermore, for any business out there meeting the client’s needs and requirements is the primary objective and vital for the organizational growth and development. This is where total quality management or TQM helps in taking care of customer satisfaction by drastically boosting the quality and providing what they want from all aspects. How this is achieved? Its done by motivating the workforce and improving the way the company operates. Quality management system is considered an important catalyst in increasing growth by looking into everything in detail. The total quality management helps in continuously improving quality. Since every company wants its employees to become competent, adept, and creative TQM helps foster the relationship of trust and openness among the employees at all levels in an organization. Since this solution encourages innovation, it makes the organization adaptable to an important factor in this ever changing business environment, motivates people for better quality, and integrates the business arising out of a common purpose and all these provide the organization with a valuable and distinctive competitive edge. The improvement in a organization is further broken down into many factors which include people-based improvement, product-improvement, and most importantly process-based improvement. After these factors are successfully incorporated they can drive quality improvement and determine a company’s success in the market. Finally, achieving quality management is the objective of any company they need to work continuously toward achieving this feat. So this isn’t just a process but a constant approach which keeps going on and on. For a business to successfully achieve quality TQM is its best bet! Source:https://www.linkedin.com/pulse/competitive-business-world-total-quality-management-need-parkinson