Benefits of Participation 
Organizations that have received the Award have seen:
  • moves toward globalization
  • decreased time to market
  • an increase in new product sales as a percentage of total annual sales
  • increased employee involvement, empowerment, and productivity
  • greater customer satisfaction
  • increased return on assets and return on equity
  • increased market share
  • greater opportunities for research and development
  • increased revenue
  • decreased cycle time
  • cost reductions
  • improved product reliability

However, an organization does not have to receive the Award to see these benefits; all applicants are rewarded through improved organizational processes and results.

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This page was last updated May 17, 2006 and is maintained by Cheryl Moore
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