Business Excellence

Business excellence is the systematic use of quality management principles and tools in business management, with the goal of improving performance based on the principles of customer focus, stakeholder value, and process management. Key practices in business excellence applied across functional areas in an enterprise include continuous and breakthrough improvement, preventative management and management by facts. Some of the tools used are the balanced scorecard, Lean, the Six Sigma statistical tools, process management, and project management.

Read more about Business Excellence:  Models, Process Phases

Famous quotes containing the words business and/or excellence:

    In my cheapest moments I am apt to think that it is n’t my business to be “seeking the spirit,” but as much its business to be seeking me.
    Henry David Thoreau (1817–1862)

    Hence to fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy’s resistance without fighting.
    Sun Tzu (6–5th century B.C.)