European Foundation for Quality Management (EFQM) Excellence Award
The EFQM Excellence Award is the highest form of recognition an organization couldreceive because it comes from its own peers. Top executives from leading businessesand public service organizations study and visit the candidates and after a gruelingexamination select the few outstanding achievers.
It is given to Europe’s best performing companies and not-for-profit organizations.It recognizes industry leaders with an undisputable track record of success in turningstrategy into action and continuously improving their organization’s performance.
Exceptional performance in a specific area or subject is rewarded with a Prize. If a truerole model is identified, if an organization outshines all the others as the example to learnfrom and to aspire to, they receive the ultimate recognition, the Excellence Award.
AB Electrolux, British Telecommunications plc, Bull, Ciba-Geigy AG, C. Olivetti & C.SpA, Dassault Aviation, Fiat Auto SpA, KLM, Nestlé, Philips, Renault, Robert Bosch,Sulzer AG, Volkswagen.
EFQM goes back more than 20 years, when 14 CEOs joined forces in 1988 to develop aManagement tool that would increase the competitiveness of European organizations.Supported by the European Commission in the European Quality Promotion Policy, thefounding members created the EFQM Excellence Model:
To stimulate and assist management teams in adopting and applying the principles oforganization
To improve the competitiveness of European Industry
To close the gap of competitiveness between European and the USA and Japan