ARE YOU KEEPING PACE WITH THE GLOBAL ECONOMY?Globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation is a fact of life. Succeeding in the global economy is not such a sure bet. A survey confirmed that a majority of American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of chief executive officers recognize that they must strengthen their international strategies and performance if they are to succeed in the fast-evolving global marketplace. However, they are unsure about how to implement policies that will result in global success. A new paper examines how CEOs are using the Baldrige Criteria for Performance Excellence of the NIST (National Institute of Standards & Technology, Washington, DC, www.nist.gov) The standards-defining agency of the U.S. government, formerly the National Bureau of Standards. It is one of three agencies that fall under the Technology Administration (www.technology. administered Malcolm Baldrige National Quality Award The Malcolm Baldrige National Quality Award is given by the United States National Institute of Standards and Technology. Through the actions of the National Productivity Advisory Committee chaired by Jack Grayson, it was established by the Malcolm Baldrige National Quality to help improve their strategies and operations and better address global opportunities. The paper, "Baldrige: A Global Approach for a Global Economy," and the Baldrige Criteria for Performance Excellence are available on the World Wide Web at www.quality.nist.gov or by calling (301) 975-2036. |
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