Organizational Excellence

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ORGANIZATIONAL EXCELLENCE

Excellence means surpassing or outstanding achievement. Organizational excellence is achieved through human excellence Human excellence comes in many forms Being the best amongst competitors Doing much better than what one could do in the past Performing for better than general standard in their field Human excellence is manifested not just through individual efforts, team efforts is often needed especially in organizational setting for surpassing achievement.

FORMS OF ORGANIZATIONAL EXCELLENCE


Competitive organizational excellence: characteristics of this form of excellence is being outstanding with in a field of competitors. The company with best or outstanding return on investment or the fastest growth rate with in an industry in a given year. Rejuvenatory organizational excellence:characteristics of this form of excellence is vast improvement over previous performance. Many organizational turnaround from sickness or decline exhibit this form of excellence.

Institutionalized organizational excellence: is sustained high achievement over a long period of time on important parameters even when there is little pressure by way of competition. Creative organizational excellence: is the commitment of pioneering innovation, experimentation, discovery and dynamic change. The organization is in a constant state of flux shedding or modifying current activities, practices and products and adopting new ones.

Missionary organizational excellence: it is dedication to some social mission or ideal and the ability to make out standing progress in achieving this or ideal. Versatile organizational excellence: Is the desire and ability to meet the expectations of all the significant stakeholders of the organization, owners, staff, suppliers, customers, government, bankers, unions etc.,

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