EFQM is an acronym for the European Foundation for Quality Management. It refers to a framework developed by this nonprofit organization that serves as a reference model for assessing and improving the overall quality of an organization. The EFQM model offers a comprehensive framework that assists organizations in achieving excellence in their operations and outcomes.
The EFQM model emphasizes a holistic approach to organizational excellence, encompassing various dimensions like leadership, strategy, people, partnerships, resources, processes, and results. It is based on a set of fundamental concepts and principles that guide organizations towards continuous improvement and long-term success.
The EFQM model provides a structured framework to help organizations assess their current performance and identify areas for improvement. It enables organizations to benchmark their performance against best practices and identify opportunities for learning and growth. By implementing the EFQM model, organizations can align their strategies and processes with their core values and objectives, resulting in improved performance, customer satisfaction, and productivity.
The EFQM model is widely recognized and utilized across various industries and sectors. It assists organizations in achieving sustainable excellence and becoming more competitive in the global market. The framework encourages organizations to focus on innovation, customer-centricity, and stakeholder engagement, fostering a culture of continuous learning and improvement.
In conclusion, EFQM is a comprehensive framework developed by the European Foundation for Quality Management that helps organizations assess and improve their overall quality and performance. Its implementation enables organizations to achieve excellence by aligning their strategies, processes, and outcomes with their core values and objectives.
