Bodriech National Quality Program Economic Evaluation - Final Report Submitted to the U.S. National Institute of Standards and Technology Project Office

Author: Albert Link
Publisher:
Publish Date: 2006-02-01
Features: This book is an economic evaluation report on the Baldrige National Quality Program. In this evaluation report, the following aspects of analysis and assessment are made: The private net benefits obtained by private and public institutions from the Baldrige National Quality Program in the American Quality Association can be conservatively estimated at $2.17 billion (in constant 2000 US dollars). The maximum social net benefits of the Baldrige National Quality Program can be conservatively estimated at $24.65 billion (in constant 2000 US dollars). The ratio between the total economic net benefits and social costs during the implementation of the Baldrige National Quality Program can be conservatively estimated at 207:1. This book is an economic evaluation report on the Baldrige National Quality Program, and the report provides the following analyses: The private net benefits obtained by private and public institutions from the Baldrige National Quality Program, the maximum social net benefits of the Baldrige National Quality Program, and the ratio of total economic net benefits to social costs during the implementation of the Baldrige National Quality Program.