Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. The increased pace of technological development, complex customer demand as well as local and global market competition have turned out to be more sophisticated and intense, complicating the overall business activities.
To counter the ever increasing contemporary business challenges, a good number of modern global organizations have embarked on utilizing TQM, which presents numerous opportunities. Using resources in the expansion and technologically oriented approaches in their daily business undertakings. This contributed to numerous quality management standards such as Total Quality Management. This paper explores issues regarding TQM and its benefits as a management approach for organizations.
Total quality management has numerous advantages. TQM is an effectual and variable management system restrained not only in the quality assurance department, but also in the entire organization businesses. Therefore, Total Quality Management can be implicated to be an incredibly influential intervention mechanism that can last for an extended period of time if properly managed and modified to lime with emerging technology and demands (Evans, 2011). Total Quality Management is based on four major philosophical assumptions.
For a starter, Total Quality Management is presumed to be cheap compared to the other conventional mechanism and it is incredibly decisive for long term development of an organization. Secondly, employees are always concerned about their responsibility in improving the quality of the product and service delivery. Therefore, employees only require to be provided with the necessary tools, skills, and maximum respect from the management to improve their performance. Thirdly, the entire organizational system is composed of highly independent sections.