Earlier this week we released a report “The Contribution of Quality Management to the UK Economy”. We commissioned the Centre for Economics and Business Research to do the leg work and also enlisted the help of the Chartered Management Institute.
The results of the research are compelling. We all know that quality management generates benefits. Lower costs, greater internal coherence, more attractive to potential customers, increased revenues, etc., etc. but the bit that has always been missing was the quantification of those benefits. This report was significant in that we did just that. Quantified the benefits.
And the results are significant, and hugely so in the context of the current economic mess.
A glance at the headline statistics would confirm their significance. QM generates £90bn annually to the UK economy.
Read more @ .../the-economic-contribution-of-qm/
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