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Total Quality Management Term Papers
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Total Quality Management, or TQM, is a conceptual term for driving the highest quality through the total development process and life cycle of a product. It has its roots in the Six Sigma strategy developed by Motorola, and promulgated by a host of CEO’s and consultants. Robert Galvin, former CEO of Motorola invented Six Sigma in the 1980s. Jack Welch, the CEO of GE quickly picked up the banner. Welch’s driving motivation was that “our quality stinks -- the Japanese are coming, and we need to do something”.
The term “Six Sigma” comes from statistics. The Greek letter sigma is used to measure how far something deviates from perfection. Six Sigma means a company tries to make “error-free products 99.9997% of the time--a minuscule 3.4 errors per million opportunities”. TQM proponents maintain that poor quality costs money. Lost sales, lost goodwill, remedial activities to fix problems and downtime all add up to more in losses than the expense of producing higher quality management and products. These losses, proponents argue, detract from profitability, which translates into lower stock prices for the shareholders.
The TQM program is initiated at the top levels, and infused throughout the organization to include every employee. Certain people in the management team get extensive training, and become “Black Belts,” implying top-level martial arts capabilities. Black Belts work on four projects a year, each targeted at saving $250,000. Other individuals attend less extensive training, and become “Green Belts.” Still others get “Yellow Belts.” When the strategy is implemented properly, one to three percent of a company’s employees and management will possess a Black Belt rating.Custom Total Quality Management Term Papers
Term Papers are custom written on Total Quality Management at Paper Masters. Total Quality Management term paper due tomorrow? This SAMPLE term paper on Total Quality Management is just a suggestion. Since all term papers are custom written, you tell us the exact criteria of your term paper on Total Quality Management and we assign one of our professional academic term paper writers to the project. Also, you tell us the due date of when you need your term papers and we guarantee delivery by 11:59PM EST on date! Plagiarism free term papers delivered to your e-mail on Total Quality Management!