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Here are the 3 types of models, 1-2- 3

Category: Finance Paper Type: Report Writing Reference: N/A Words: 300

            According to Tricker (2013), ISO 9001 is a renowned global model. The standards that this model consists mainly focus on customers and envelop processes and functions which management enhances. Produced products, services, management of work assets, and human resources are covered by ISO 9001. Businesses are helped by the standard in organizing functions, improving effectiveness, and continuously optimize them. As certification can achieve ISO 9001, it is highly supposed that a lack of concentration on consistent optimization or improvement will exist after certification’s achievement.

Moving on to EFQM

        Rio Rama (2017) tells that EFQM or European Foundation for Quality Management is known to be the most adopted and famed global business model for business excellence. This model focuses on the presence of efficient and successful organization’s leaderships, meeting the expectation of their consumers and consistent optimization. However, there are a few limitations or boundaries when it comes to implementing this model involving the element of cost. No doubt, the implementation of EFQM requires abounded cost. Moreover, the classifications of wrongs and rights are not available in the model.

At last, it is about DGEP

        Dubai Government Excellence Program or DGEP is actually formed on the basis of Dubai and various government bodies follow it in the region. A quality map is provided by the model for reaching high performance for supporting aims and status of creative and smart government in Dubai. With the use of DGEP, highly understood concepts which are linked to the way of future for Dubai are used modernly. Due to the government basis of model, private corporations are not keen on following it. However, semi-government bodies are not threatened.

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