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An award instituted in 1992 by the European Foundation for Quality Management. It is given to companies that can demonstrate excellence in their management of quality and that their approach to total quality management has contributed to the satisfaction of customers, employees, and other stakeholders.
EFQM Excellence Award EFQM Global AwardAwarded forIt recognises industry leaders improving their organisations performance.Sponsored byEFQMLocationBrussels, BelgiumCountryEurope2 more rows
Since the beginning of the Quality Movement, a need was felt to promote the concept of Total Quality Management (TQM) in a formal way and also to serve as a model for implementing TQM. National quality Awards have been the means used in various countries to promote TQM among its industries and service sectors.
The European Quality Award is now referred to as the EFQM Excellence Award. This distinction is awarded annually by the European Foundation for Quality Management to the organisation that is the best proponent in Europe of Total Quality Management.
Quality awards are recognitions of excellence in products, services, processes, or practices that meet or exceed customer expectations and industry standards. They can provide many benefits for businesses, such as improving customer satisfaction, enhancing reputation, increasing productivity, and reducing costs.
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