Benefits

Baldridge Program

• 5 South Carolina applicants for the Baldrige Award

• 1 South Carolina award applicant in 2012 represents 944 jobs

• Baldrige examiners from SC volunteered over $151,000 in services

 

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• Demonstration of a commitment to excellence

• Customized Baldrige Excellence Framework & Criteria training

• Recognition in SCQF materials and recognition

Baldrige 20|20

Baldrige award winners have seen drastic efficiency and effectiveness improvements in:

Benefits of Participation in the Awards Process

Organizations that have received the Award have seen:

• Increased revenue

• Decreased cycle time

• Improved product reliability

• Greater customer satisfaction and engagement

• An increase in new product sales as a percentage of total annual sales

• Decreased time to market

• Increased employee involvement, empowerment, and productivity

• Increased market share

• Greater opportunities for innovation, research and development

• Cost reduction opportunties

• Increased return on assets and return on equity

• Global market improvement

An organization does not have to receive the Award to see these benefits; all applicants are rewarded through improved organizational processes and both qualitative and quantitative results. 

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Customer -

Customer satisfaction of 95% or higher for 4 years...

Workforce -

19% annual improvement rate in overall employee engagement... 

Operations -

15-fold annual improvements in cost savings from supply-chain efforts...

Strategy -

More than $7.5 million annual cost savings from implementing innovative ideas...

Environment -

20% annual cost savings from energy conservation improvements for 3 years 

Baldrige and South Carolina

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Read about the benefits that the Baldrige Performance Excellence Criteria has brough to the great state of South Carolina in this publication!