The concept of the new EFQM model of business excellence
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2024-03-17 17:23
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005.6:334.012 (1)
Quality management. Total quality management (TQM) (139)
Forms of organization and cooperation in the economy (977)
SM ISO690:2012
OBERŞT, Ala. Conceptul noului model EFQM de excelență în afaceri. In: Strategii şi politici de management în economia contemporană, Ed. 6, 26-27 martie 2021, Chişinău. Chişinău: Departamentul Editorial-Poligrafic al ASEM, 2021, Ediţia 6, pp. 254-264. ISBN 978-9975-155-20-5.
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Strategii şi politici de management în economia contemporană
Ediţia 6, 2021
Conferința "Strategii şi politici de management în economia contemporană"
6, Chişinău, Moldova, 26-27 martie 2021

The concept of the new EFQM model of business excellence

Conceptul noului model EFQM de excelență în afaceri

CZU: 005.6:334.012
JEL: M1 Business Administration.

Pag. 254-264

Oberşt Ala
 
Universitatea Tehnică a Moldovei
 
 
Disponibil în IBN: 9 iulie 2021


Rezumat

The European Foundation for Quality Management (EFQM) provides organizations around the world with a model to develop a culture of improvement and innovation. The article presents the up-to-date content of the model, revised in 2020, which include a summary of megatrends and various global shifts that are reshaping the modern world, formalized in evaluation criteria. The business excellence model is a flexible framework suitable for any organization in its approach of progress and improvement in economic, environmental and social conditions in the ecosystem in which it operates. The predictability of this behaviour represents and determines an increased credibility, providing support in achieving success by measuring opportunities in creating sustainable value. The strategic nature of the EFQM Model, combined with its focus on operational performance and a results orientation, makes it the ideal framework for testing the coherence and alignment of an organization’s ambitions for the future in terms of ways of working and its responses to challenges and pain-points.

Cuvinte-cheie
assessment, criteria, EFQM, fundamental concepts, performance, RADAR scoring matrix charts