MRP Presentation on "CAN TQM SUSTAIN COMPETITIVE ADVANTAGE TO SMALL AND MEDIUM ENTERPRISES"

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  • 8/8/2019 MRP Presentation on "CAN TQM SUSTAIN COMPETITIVE ADVANTAGE TO SMALL AND MEDIUM ENTERPRISES"

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    Prof GRC Nair

    Management Research Project

    |CAN TQM PROVIDE SUSTAINABLE

    COMPETITIVE ADVANTAGE TO SMALLBUSINESSES}

    ABHISHEK KUMAR

  • 8/8/2019 MRP Presentation on "CAN TQM SUSTAIN COMPETITIVE ADVANTAGE TO SMALL AND MEDIUM ENTERPRISES"

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    Prof GRC Nair

    OBJECTIVES OF THE PROJECT

    To determine the importance of TQM in SMEs.

    Expectations of the small businesses from

    implementation of TQM.

    Measures to be taken to introduce TQM in small

    businesses.

    Bringing out the plans to efficiently manage the whole

    TQM process. To identify factors and develop constructs that could be

    used to develop a conceptual Total Quality

    Management (TQM) model that is applicable to small

    and medium scale manufacturers.

    ABHISHEKUMAR

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    Prof GRC Nair

    WHAT IS QUALITY?

    Quality - you know what it is, yet you dont know

    what it is.

    But some things arebetter than others, that is, they

    have more quality but what decides betterness?

    ABHISHEKUMAR

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    Prof GRC Nair

    TOTAL QUALITY MANAGEMENT

    An emphasis on Quality that encompasses the

    entire company

    Continuous Improvement Employee empowerment, quality circles

    Unwavering focus on customer both internal

    and external Long term solutions

    Commitment and Involvement of top

    management

    ABHISHEKUMAR

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    Prof GRC Nair

    TOTAL QUALITY MANAGEMENT

    Performance measures and documentation

    TQM Tools - allow you to measure progress

    Benchmarking - best at similar activities,

    even if in different industries

    Just In Time - requires quality of suppliers

    Treating suppliers as partners in business

    ABHISHEKUMAR

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    Prof GRC Nair

    PARAMETERS OF SERVICE

    QUALITY Assurance: Ability to convey trust and

    confidence. eg: being polite and showing

    respect for customer.

    Empathy: Being approachable and

    appreciative. eg: being a good listener.

    Tangibles: Physical facilities and

    facilitating goods.

    ABHISHEKUMAR

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    Prof GRC Nair

    COMPONENTS OF QUALITY

    Quality of design Products and servicesshould be designed to exhibit the attributes

    necessary to meet its customer expectations.

    Quality of production process. Processes

    must be designed and built that have thecapability of producing products with theattributes wanted by customers.

    ABHISHEKUMAR

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    Prof GRC Nair

    Quality of conformance :Products and services

    to meet design and performance specificationsaimed at quality expectations of customers

    eg: ISO

    Quality of customer service: Customers mustperceive that they have been treated fairly andcourteously

    Organization quality culture: Organization

    energized in doing what is necessary to design,produce and service products and services thatmeet customers expectations and even exceedthem. eg: Japan

    ABHISHEKUMAR

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    Prof GRC Nair

    SUGGESTIONS AND

    RECOMMENDATIONSA campaign should be organized and properly

    handled in order to provide the small and medium

    scale entrepreneurs, the basic knowledge of TQM.Free seminars should be conducted around the

    country wherever there is a scope of SMEs or its

    already existing there.Quality gurus should address the entrepreneurs in

    order to motivate them to implement TQM.

    ABHISHEKUMAR

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    Prof GRC Nair

    Government should take initiatives to help and

    support the entrepreneurs in implementing

    TQM.

    People should come forward and suggest

    various measures that can be implanted or added

    while implementing TQM.

    After it has got some exposure, it should be

    made compulsory by enforcing some law but

    with a little flexibility.ABHISHEKUMAR

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    Prof GRC Nair

    THANK YOU

    ABHISHEKUMAR