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. 

​