BUS204 Business Excellence SUSS Assignment Sample Singapore
The BUS204 Business Excellence course is designed to help students develop the skills and knowledge necessary to create and maintain a successful business. The course covers topics such as customer service, marketing, human resources, financial management, and operational management. Students will also have the opportunity to learn about business law and ethics. Upon completion of this course, students will be able to create and implement a business plan that will help them start and grow their own businesses.
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In this section, we are discussing some assignment briefs. These are:
BUS204 Assignment Task 1: Review The Evolution Of Quality Thinking And Total Quality Management.
Quality thinking has evolved over the years as organizations have strived to improve their products and services. The total quality management (TQM) approach emerged in the 1950s and 1960s as a way to improve quality by involving all employees in the process. The TQM approach was later refined by W. Edwards Deming, who is credited with helping to revive the Japanese economy after World War II. Deming’s 14 Points for Management is a set of guidelines that businesses can use to improve quality.
In the 1980s, the concept of business excellence emerged as a way to help organizations achieve long-term success. The business excellence approach focuses on creating a culture of continuous improvement and customer focus. The Malcolm Baldrige National Quality Award is a program that recognizes organizations that have achieved excellence.
In the 1990s, the Six Sigma quality improvement approach emerged as a way to reduce defects. Six Sigma uses a data-driven approach to identify and eliminate defects.
Today, quality thinking is evolving once again as organizations strive to improve their products and services in the face of increasing global competition. The focus is on creating value for customers and achieving sustainable success.
Assignment Brief 2: Describe The Concepts Of Total Quality And Business Excellence.
Total quality is an approach to quality that involves all employees in the process of improving the quality of products and services. The goal of total quality is to reduce defects and improve customer satisfaction.
Business excellence is a long-term, continuous improvement approach that focuses on creating a culture of customer focus and continuous improvement. The goal of business excellence is to achieve sustainable success.
Both total quality and business excellence involve creating a culture of continuous improvement. However, while total quality focuses on reducing defects, business excellence focuses on creating value for customers. In addition, while the goal of total quality is to improve the quality of products and services, the goal of business excellence is to achieve long-term success.
Assignment Brief 3: Analyse Deming’s Philosophy On Quality Management.
- Edwards Deming is a renowned quality management expert who is credited with helping to revive the Japanese economy after World War II. Deming’s philosophy on quality management is based on his 14 Points for Management. These points are a set of guidelines that businesses can use to improve quality.
- Deming’s first point is that quality starts with the customer. The customer must be satisfied with the product or service in order for it to be considered quality.
- Deming’s second point is that quality cannot be inspected in a product or service. In other words, businesses cannot simply test their products and services for defects. They must prevent defects from occurring in the first place.
- Deming’s third point is that quality comes from using the right tools and methods. businesses must use the right tools and methods in order to produce quality products and services.
- Deming’s fourth point is that quality comes from everyone doing their job correctly. Everyone in the organization must do their job correctly in order to produce quality products and services.
- Deming’s fifth point is that quality comes from having well-trained employees. Employees must be properly trained in order to produce quality products and services.
- Deming’s sixth point is that quality comes from having well-designed processes. Processes must be designed in a way that eliminates defects and maximizes customer satisfaction.
- Deming’s seventh point is that quality comes from using statistical methods to control processes. businesses must use statistics to control their processes and ensure that they are producing quality products and services.
- Deming’s eighth point is that quality comes from making decisions based on facts. Decisions must be based on data and facts in order to improve quality.
- Deming’s ninth point is that quality comes from reducing variation. businesses must reduce variation in their processes in order to produce quality products and services.
- Deming’s tenth point is that quality comes from understanding the customer’s needs. businesses must understand the needs of their customers in order to produce quality products and services that meet those needs.
- Deming’s eleventh point is that quality comes from meeting the customer’s expectations. businesses must meet the expectations of their customers in order to produce quality products and services.
- Deming’s twelfth point is that quality comes from continuously improving the process. businesses must continually improve their processes in order to produce quality products and services.
- Deming’s thirteenth point is that quality comes from having pride in workmanship. Employees must take pride in their work in order to produce quality products and services.
- Deming’s fourteenth point is that quality comes from managing for the future. businesses must manage for the future in order to produce quality products and services.
These are Deming’s 14 points for management. Businesses can use these points to improve the quality of their products and services.
Assignment Brief 4: Differentiate The Philosophy On Quality By Different Contributors To The Field Of Quality Management.
There are many different philosophies on quality management. Each contributor to the field of quality management has their own unique perspective on what quality is and how it can be improved.
- One of the most well-known contributors to the field of quality management is W. Edwards Deming. Deming’s philosophy on quality management is based on his 14 points for management. These points emphasize the importance of the customer, statistics, and continuous improvement.
- Another well-known contributor to the field of quality management is Joseph M. Juran. Juran’s philosophy on quality management is based on his trilogy of quality, which consists of three important elements: quality planning, quality control, and quality improvement. Juran’s philosophy on quality emphasizes the importance of preventing defects and continuously improving the quality of products and services.
- Another well-known contributor to the field of quality management is Philip B. Crosby. Crosby’s philosophy on quality management is based on his 14 steps for improvement. These steps emphasize the importance of commitment, prevention, and Zero Defects. Crosby’s philosophy on quality emphasizes the importance of eliminating defects and continuously improving the quality of products and services.
Each of these contributors to the field of quality management has its own unique perspective on what quality is and how it can be improved.
Assignment Brief 5: Compare Various Business Excellence Frameworks.
There are many different business excellence frameworks. Each framework has its own unique perspective on what excellence is and how it can be achieved.
One of the most well-known business excellence frameworks is the Malcolm Baldrige National Quality Award. This framework was created by the United States government in 1987. The Malcolm Baldrige National Quality Award emphasizes the importance of leadership, strategic planning, customer focus, measurement and analysis, workforce focus, process management, and results.
Another well-known business excellence framework is the European Foundation for Quality Management’s EFQM Excellence Model. This framework was created by the European Foundation for Quality Management in 1992. The EFQM Excellence Model emphasizes the importance of leadership, strategic planning, customer focus, people management, process management, business results, and social responsibility.
Another well-known business excellence framework is the Canada Awards for Business Excellence. This framework was created by the Canadian government in 1992. The Canada Awards for Business Excellence emphasizes the importance of leadership, customer focus, people management, process management, and business results.
Each of these business excellence frameworks has its own unique perspective on what excellence is and how it can be achieved.
BUS204 Assignment Brief 6: Illustrate How Business Excellence Framework Can Be Used To Manage Organisations.
There are many different ways to use a business excellence framework. A business excellence framework can be used to manage an organization in many different ways.
- One way to use a business excellence framework is to use it as a guide for organizational improvement. A business excellence framework can provide a roadmap for organizational improvement by outlining the areas where improvements need to be made.
- Another way to use a business excellence framework is to use it as a tool for measuring organizational performance. A business excellence framework can be used to measure organizational performance by comparing the organization’s current performance against the standards set by the framework.
- A business excellence framework can also be used as a tool for benchmarking. Benchmarking is the process of comparing an organization’s performance against the performance of other organizations. This can be used to help identify areas where the organization needs to improve.
There are many different ways to use a business excellence framework. The way that a business excellence framework is used will depend on the needs of the organization.
Assignment Brief 7: Interpret The Business Excellence Framework Established By Enterprise Singapore.
Enterprise Singapore is a government agency that was established in 2018. Enterprise Singapore’s mission is to help businesses grow and succeed. Enterprise Singapore has established a business excellence framework to help businesses improve their performance.
The Business Excellence Framework consists of nine elements: customer focus, people management, process management, business results, strategic planning, leadership, knowledge management, innovation, and social responsibility. Each of these elements is important for business success.
- Customer focus is the ability to understand and meet customer needs.
- People management is the ability to attract, develop, and retain employees.
- Process management is the ability to identify, design, and implement effective processes.
- Business results are the financial and non-financial outcomes of an organization’s performance.
- Strategic planning is the ability to develop and implement a strategy that will achieve the organization’s goals.
- Leadership is the ability to provide direction and inspire others to achieve their best.
- Knowledge management is the ability to create, share, and use knowledge to improve organizational performance.
- Innovation is the ability to create new products, services, or processes.
- Social responsibility is the ability to act in a way that is ethical and sustainable.
The Business Excellence Framework provides a comprehensive approach to business improvement. It can be used to guide organizational change and improvement efforts. It can also be used to measure and benchmark organizational performance.
Assignment Brief 8: Distinguish The Various Criteria Of The Business Excellence Framework Established By Enterprise Singapore.
The Business Excellence (BE) Framework was established by Enterprise Singapore to help businesses in Singapore take their operations to the next level. There are four key criteria that businesses need to meet in order to be considered for BE status: Lead, Innovate, Deliver, and Engage.
- To “Lead”, a business must have sound governance structures and policies in place. They must also have a clear vision and strategy, and be able to execute these effectively.
- To “Innovate”, a business must be constantly looking for ways to improve its products and services. They must also have systems and processes in place to encourage creativity and innovation.
- To “Deliver”, a business must provide high-quality products and services that meet the needs of their customers. They must also have efficient and effective operations, and be able to manage their resources well.
- Finally, to “Engage”, a business must have strong relationships with its employees, suppliers, and customers. They must also be socially responsible, and contribute to the community in which they operate.
Businesses that can meet all four of these criteria are well on their way to achieving BE status. By doing so, they will not only benefit from an enhanced reputation and increased opportunities for growth, but they will also be setting themselves up for long-term success.
BUS204 Assignment Brief 9: Explain The Need For And Benefits Of Using Self-Assessment Tools Related To Business Excellence Standards.
The quality of any business organization is largely dependent on its ability to assess and improve its key performance indicators (KPIs). Achieving business excellence requires setting high standards and continuously measuring and improving KPIs. Self-assessment tools are essential for any organization that wants to benchmark its performance against best-in-class standards.
Self-assessment tools come in many different forms, but all share the same goal: to help organizations improve their performance. Many self-assessment tools are specifically designed for businesses that want to benchmark their performance against international standards such as the ISO 9001 or the Malcolm Baldrige National Quality Award. Using these tools can help businesses identify areas where they need to improve and make changes to their processes. In addition, self-assessment tools can also help businesses track their progress over time and identify patterns or trends in their data.
There are many benefits of using self-assessment tools. Perhaps the most important benefit is that they can help businesses improve their overall quality. By identifying areas of improvement, businesses can make changes that will lead to better quality products or services. In addition, self-assessment tools can also help businesses save time and money by reducing rework or waste. Finally, self-assessment tools can help businesses build a culture of continuous improvement by establishing a process for regularly assessing and improving KPIs.
In conclusion, self-assessment tools play a crucial role in helping businesses achieve excellence. By providing a way to identify areas of improvement, they can help businesses make changes that will lead to better quality products or services. In addition, self-assessment tools can also help businesses save time and money by reducing rework or waste. When used correctly, self-assessment tools can be a powerful tool for any organization that is committed to excellence.
Assignment Brief 10: Comment On Different Business Excellence Standards.
There are a variety of business excellence standards, but the most common ones are the Baldrige Criteria for Performance Excellence and the ISO 9001 standard.
The Baldrige Criteria is a comprehensive set of standards that organizations can use to evaluate their performance and improve their operations. It’s based on the Malcolm Baldrige National Quality Award, which recognizes organizations for their outstanding achievements in quality and organizational performance.
ISO 9001 is a standard for quality management systems. Organizations that meet ISO 9001 certification requirements have demonstrated that they have implemented a system for managing quality that meets international best practices. Certification to this standard indicates that an organization is capable of consistently providing products and services that meet customer requirements and applicable regulatory requirements.
Assignment Brief 11: Practise Organizational Self-Assessment Of Business Excellence Based On Different Standards.
When conducting a self-assessment of business excellence, it’s important to first identify which standards you will use as the basis for your assessment. Once the standards have been determined, gather data and information related to those standards and evaluate your organization’s performance in each area. This can be done through a combination of surveys, interviews, documents, and data analysis. It’s important to involve employees at all levels of the organization in the self-assessment process, as they can provide valuable insights and perspectives.
Once the self-assessment is complete, use the results to identify areas for improvement and develop a plan for implementing changes. This plan should include specific goals, timeframes, responsibilities, and measures for tracking progress. Regularly review and update the plan as necessary to ensure continuous improvement in meeting business excellence standards.
BUS204 Assignment Brief 12: Discuss The Relationships Between Enabling Activities And Organizational Results.
Enabling activities refer to the processes and operations that support an organization’s core functions and ultimately lead to desired results. Examples of enabling activities include training, communication, planning, and resource management.
The relationships between enabling activities and organizational results can be seen in the concept of the performance chain. This model illustrates how inputs (enabling activities) are converted into outputs (results) through a series of steps, with each step adding value to the end product or outcome. For example, a well-developed training program for employees can lead to improved performance and ultimately increased customer satisfaction and financial results.
Effective management of enabling activities is crucial for organizations to achieve their desired results. Without proper attention and investment in these areas, an organization may struggle to meet its goals and experience difficulties in achieving business excellence.
Assignment Brief 13: Relate Knowledge To The Execution Of Improvements In Critical Activities To Achieve Business Excellence.
In order for an organization to successfully execute improvements in critical activities, it is important for the members of the organization to have a thorough understanding and knowledge of those activities. This includes knowing the processes involved, performance metrics, potential challenges and solutions, and how these activities align with organizational goals.
Having this knowledge allows individuals to identify opportunities for improvement and make informed decisions on the actions to take in order to achieve desired results. It also helps to ensure effective communication and coordination among teams, as everyone is working towards a shared understanding of the organization’s critical activities and how they contribute to business excellence.
Continuous learning and knowledge-sharing can also support the ongoing execution of improvements in critical activities. By staying up to date on industry trends and best practices, organizations can stay ahead of the competition and continuously strive for business excellence.
Assignment Brief 14: Outline The Concepts That Underpin Sustainable Business Excellence.
The concepts that underpin sustainable business excellence include a long-term approach, balancing economic, environmental, and social considerations, ongoing improvement and adaptation, and stakeholder engagement.
Sustainability involves considering the impact of an organization’s actions on future generations and the environment. This means taking a long-term perspective rather than focusing solely on short-term profits. It also involves balancing the needs and concerns of all stakeholders, including shareholders, employees, customers, suppliers, and the wider community.
Continuous improvement and adaptation are essential in a rapidly changing world. This includes regularly reviewing and updating strategies and processes to align with sustainable goals, as well as making changes based on new information or developments.
Engaging with stakeholders and incorporating their input is important in creating a sustainable business that meets their needs and addresses any potential concerns. This can also lead to valuable partnerships and opportunities for collaboration. Overall, sustainability and business excellence go hand in hand as organizations strive for long-term success.
BUS204 Assignment Brief 15: Apply Knowledge To Enhance Business Excellence.
One way to apply knowledge in enhancing business excellence is by conducting research and staying up to date on industry trends and best practices. This can inform decision-making and help identify areas for improvement or new opportunities.
In addition, sharing knowledge within the organization can support ongoing learning and improvement. For example, this could involve setting aside time for team members to share insights or organizing training sessions on relevant topics.
It is also important to regularly assess and evaluate the organization’s performance in order to accurately track progress and make adjustments as needed. This can involve collecting data, analyzing it, and utilizing findings to inform decision-making and drive continuous improvement. Overall, knowledge plays a key role in enhancing business excellence by informing decision-making and supporting ongoing learning and improvement.
Assignment Brief 16: Demonstrate Independent Thinking And Analytical Judgment.
Independent thinking is the ability to think critically and make sound decisions without relying on others. This includes being able to assess a situation, identify key issues, and develop creative solutions. It also involves being open to new ideas and willing to challenge assumptions.
Analytical judgment is the ability to analyze information and make well-reasoned decisions. This includes being able to identify patterns and trends, as well as spot potential problems or areas for improvement. It also involves being able to weigh different options and make sound decisions based on evidence.
Independent thinking and analytical judgment are important in business excellence because they allow organizations to effectively assess their situation, identify opportunities and challenges, and make informed decisions. These skills can help organizations stay agile and adaptive in a rapidly changing world.
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