Introduction
Total Quality Management practitioners believe in aligning mega trends with available opportunities in their surroundings. These companies are focused on research and analytics for the long term; at least a considerable time in advance. In the case of some companies, it could be some lesser years. This is where these companies have a competitive advantage.
The companies which follow the TQM guidelines have their own quality definition of growth. Any kind of economic transformation would mean a step towards growth for them. Research-based data shows that the revenue of companies that have good TQM practices can be increased up ...