{"id":8685,"date":"2020-04-12T13:33:34","date_gmt":"2020-04-12T20:33:34","guid":{"rendered":"https:\/\/www.qad.com\/blog\/?p=8685"},"modified":"2020-09-28T12:13:03","modified_gmt":"2020-09-28T19:13:03","slug":"how-can-tqm-make-your-business-more-successful","status":"publish","type":"post","link":"https:\/\/www.qad.com\/blog\/2020\/04\/how-can-tqm-make-your-business-more-successful","title":{"rendered":"How Can TQM Make Your Business More Successful?"},"content":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;8758&#8243; img_size=&#8221;full&#8221;][vc_column_text]<span style=\"font-weight: 400;\">Why should you implement a Total Quality Management (TQM) program to achieve quality assurance?\u00a0 There is one simple answer; when properly planned and implemented TQM will provide substantive financial benefits to your business and add to the bottom line.\u00a0 Let\u2019s consider just two examples of how using Total Quality Management can help your business.<\/span><\/p>\n<h2>Use TQM to Improve Customer Satisfaction<\/h2>\n<p><span style=\"font-weight: 400;\">A primary focus of TQM and most Quality Management Systems is to improve customer satisfaction by having a customer focus and consistently meeting customer expectations.\u00a0 Customers are almost always satisfied when their expectations are met. When they expect a certain product or service, and you deliver it without problems and at a fair price, you\u2019ve built a solid customer relationship.\u00a0 Happy, satisfied customers become repeat customers and they provide word-of-mouth marketing \u2013 the most powerful kind.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are three Total Quality Management components that work toward achieving customer satisfaction:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It requires that your business understand what customers typically expect in a field, industry, or product line,<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It ensures your business has the expertise and the resources to consistently deliver the expected product or service, and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It emphasizes the need for your business to clearly communicate to the customers exactly what you will deliver to avoid misunderstandings.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">TQM provides the quality assurance that customers will get what they expect, as well as a process for managing unsatisfied customers, make needed corrections and prevent similar reoccurrences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Explore the tools you need to achieve TQM. Check out <\/span><span style=\"font-weight: 400;\">QAD Quality Management Products<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Every business owner and manager knows the importance of satisfied customers, and how expensive it is to find new customers compared to keeping current customers.\u00a0 Business research clearly shows that there is a direct correlation between satisfied customers and revenue.\u00a0 If your business doesn\u2019t have a clear path to creating satisfied customers, then it can benefit from TQM.<\/span><\/p>\n<h2>TQM Improves Business Efficiency and Effectiveness<\/h2>\n<p><span style=\"font-weight: 400;\">While focusing on the customer is critical to success, it isn\u2019t the only factor.\u00a0 A business can go broke sparing no expense to make customers happy.\u00a0 So not only does a business need to satisfy customers, but it needs to do it in a way that is.\u00a0 A business also has to look within and understand its own operations, another important role of a <a href=\"https:\/\/www.qad.com\/blog\/2018\/03\/beginners-guide-to-quality-management-systems\">quality management system<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Total Quality Management places a focus on internal processes, including<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How processes align to produce desired outcomes to satisfy customers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How consistently processes deliver desired outcomes (effectiveness)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The productivity of a process compared the resources used (efficiency)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Being able to consistently produce desired outcomes without wasting resources like time, material, and money is critical for a business to make it over the long haul.<\/span><\/p>\n<h2>TQM Provides Long Term Competitiveness<\/h2>\n<p><span style=\"font-weight: 400;\">Being able to satisfy customers while operating effectively and efficiency is truly the recipe for financial success and stability. If you achieve these quality assurance goals that are part of <\/span><span style=\"font-weight: 400;\">Total Quality Management<\/span><span style=\"font-weight: 400;\">, then you will likely be in business for a long time to come.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notice that with TQM, quality is not just about a product or service meeting (somewhat arbitrary) requirements.\u00a0 It is about how the whole organization operates to understand customer expectations and competitively deliver customer satisfaction.<\/span><\/p>\n<h2>No Easy Task<\/h2>\n<p><span style=\"font-weight: 400;\">It is important to remember, however, that TQM takes full commitment from management.\u00a0 Simply tossing the concept down to employees and saying \u201cdo this\u201d just adds an extra burden on workers without much benefit from their efforts.\u00a0 Organizational members take their cue about what is important from management.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Only through top management commitment and involvement does TQM take hold and become part of the organization\u2019s culture.\u00a0 Once ingrained as the way of doing things, the business can reap the benefits of TQM \u2013 including a healthier bottom line.<\/span>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;8758&#8243; img_size=&#8221;full&#8221;][vc_column_text]Why should you implement a Total Quality Management (TQM) program to achieve quality assurance?\u00a0 There is one simple answer; when properly planned and implemented TQM will provide substantive financial benefits to your business and add to the bottom line.\u00a0 Let\u2019s consider just two examples of how using Total Quality Management can help your [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199],"tags":[1276,113,376,1350,1348],"class_list":["post-8685","post","type-post","status-publish","format-standard","hentry","category-manufacturing-trends","tag-business-efficiency","tag-quality","tag-quality-management","tag-totaly-quality-management","tag-tqm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Can TQM Make Your Business More Successful? | QAD Blog<\/title>\n<meta name=\"description\" content=\"Total Quality Management (TQM) and other similar systems focus on improving customer satisfaction. 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