Investing in quality pays off for General Securities
Article Abstract:
The decision of the managing director of the General Securities Fund to buy stocks of companies practicing total quality management (TQM) has been responsible for a steady increase in the fund. The fund is ranked sixth among the asset allocation funds for the period of 1993 to 1996. Companies practicing TQM have less variability in their performances and are more effective in meeting long-term goals. Economic changes fail to have large effects on the performance of these companies. General Securities also considers the extent to which the companies are involved in TQM.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 1996
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A Darwinian future is looming...
Article Abstract:
The quality profession is witnessing a rapid transformation and quality professionals should adapt by continually upgrading their skills, designing new tools to address quality management, and adopting performance-based assessments. Technological advances, increasing competition and changes in products are behind the transformation. Companies will have to upgrade their core competencies to maintain a competitive edge. The quality departments will disappear but the quality practices will continue as every individual in an organization will be responsible for quality.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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