BNET Business Dictionary
Business Definition for: Excellence
- a state of organizational performance achieved through the successful integration of a variety of operational and strategic elements that enables an organization to become one of the best in its field. Excellence is initially evident when an organization rises above its competitors, and it is usually measured by the ability to sustain a leading or significant market share. The strategic and operational elements contributing to excellence include the organization's approach to total quality management, quality assurance, quality awards and quality standards, core competency, benchmarking, customer service, the balanced scorecard, and leadership. Taken altogether, these components should produce an organizational approach to the generation, development, and delivery of products and services that is better, cheaper, and smarter than that of the competition. Attempts at becoming an excellent organization have spawned terms such as best practice, best-in-class, and world class manufacturing and are usually associated with a holistic approach to competitive advantage.
Wiktionary Definition for: Excellence
- The quality of being excellent; state of possessing good qualities in an eminent degree; exalted merit; superiority in virtue.
- Something in which one excels.
- An excellent or valuable quality; that by which any one excels or is eminent; a virtue.
Additional Resources
- Moving From QMS Conformance To Business Excellence In Telecom
- The key players in the telecom industry founded the Quality Excellence for Suppliers of Telecommunications. The work of the QuEST Forum yields benefits to all sector stakeholders, specifically telecom services providers and their customers and suppliers. Those benefits are being enhanced as the Forum builds upon its foundation of initial...
- White papers 2003-01-01
- The Latino Coalition presented local McDonald's franchise owner Perla Gonzalez with the Circle of Excellence Award for giving back to her community while demonstrating excellence in service for McDonald's.(HONORS)(Brief Article)
- The Latino Coalition presented local McDonald's franchise owner Perla Gonzalez with the Circle of Excellence Award for giving back to her community while demonstrating excellence in service for McDonald's. The Ohio resident accepted the ... The Latino Coalition presented local McDonald's franchise owner Perla Gonzalez...
- Research articles 2005-07-01
- Can Government Deliver Service Excellence?
- Can Government Deliver Service Excellence?RE: Can Government Deliver Service Excellence?Here's an idea, how about first the Republicans appoint agency heads who are actually qualified and experienced in the field required instead of simply being politically connected and committed to furthering their political agenda. "Customer Service" starts at the top.RE: Can...
- Discussion threads 2008-09-08
- Innovation In Performance Excellence: Eight Paradigms To Performance Excellence (8PPE)
- The objective of this paper is to present a framework that describes a performance excellence system. Six Sigma is showcased as the operating system on which performance excellence methods may be launched. The framework for what should preclude Six Sigma is presented as well as what should follow. The integration...
- White papers 2004-11-05
- dBASE 5.0 For Windows Wins PC Magazine Technical Excellence Award; Borland's New Database Sweeps COMDEX Awards: Wins PC Magazine's Technical Excellence and PC/Computing's Most Valuable Product
- LAS VEGAS--BUSINESS WIRE--Nov. 15, 1994--Borland International Inc.'s new dBASE 5.0 for Windows has received the 1994 Technical Excellence Award for Application Development Tools from the editors of PC Magazine, the most widely read computer trade publication. The Technical Excellence award winners were announced at a COMDEX ceremony here Monday...
- Research articles 1994-11-15
- ABC Of Alabama Presents Excellence In Construction Awards.
- Staff Associated Builders and Contractors of Alabama awarded 37 Excellence in Construction Awards to area firms at its recent Excellence Awards program. Birmingham's Brasfield & Gorrie, LLC garnered five of the awards for projects r...
- Research articles 2005-12-19
- Cisco Systems Honored with ''Overall Excellence'' by the Corporate University Xchange 2005 Excellence and Innovation Awards
- SAN JOSE, Calif. -- Cisco SystemsR (NASDAQ:CSCO) today announced it received the Overall Excellence Award for Innovation in Corporate Learning from the Corporate University Xchange CUX and Fortune Magazine, in the Seventh Annual Corporate University Xchange Excellence and Innovation Awards. Cisco also received the Excellence Award in the Learning Technology...
- Research articles 2006-03-13
- Air Liquide Large Industries U.S.(gets 2004 Supplier Excellence Award from Eastman Chemical Co.)(Brief Article)
- Air Liquide Large Industries U.S. received a 2004 Supplier Excellence Award from Eastman Chemical Co., the fourth such award from Eastman that Air Liquide has won in the last five years. Eastman's Supplier Excellence Program award is based on a sup Air Liquide Large...
- Research articles 2005-11-03
- Frost & Sullivan's Excellence Awards showcase India's capabilities.(World-Class Manufacturing)
- World-class manufacturing performance excellence in India was showcased last December at the first-ever India Manufacturing Excellence Awards IMEA, held in Mumbai and sponsored by global consulting firm Frost & Sullivan. Awards were presented World-class manufacturing performance excellence in India was showcased last December...
- Research articles 2005-02-01
- Mitutoyo honored with Ford's 2005 World Excellence Award.(INDUSTRY UPDATE)
- Mitutoyo America Corporation announced it has received a Ford Motor Company World Excellence Award. It was one of sixty World Excellence Awards presented to Ford's top global suppliers for their performance in 2005. Mr. Tsuyoshi Yamamura, President, Mitutoyo America Corporation announced it has received a...
- Research articles 2006-08-01
- LENOVO SETS UP EXCELLENCE CENTER
- AsiaInfo Services 08-23-2006 Lenovo Sets up Excellence Center BEIJING, Aug 23, 2006 SinoCast via COMTEX -- The world's No. 3 PC maker Lenovo announced establishment of an Excellence Center, which is responsible for the group's supply-demand f AsiaInfo Services ...
- Research articles 2006-08-23
- ABC Recognizes 2006 National Safety Excellence Award Winners In Washington, D.C. (Dixie Contractor)
- The Associated Builders and Contractors recently recognized construction firms with outstanding safety records in 2006 during the 17th annual Excellence in Construction and National Safety Excellence awards celebration at the National Building Museu The Associated Builders and Contractors recently recognized construction firms with outstanding safety...
- Research articles 2007-08-20
- The search for excellence.(IN THIS iSSUE)
- The search for supply chain excellence contains so many interesting facets. There's strategic excellence in aligning your supply chain strategy with the key business goals. There's operational excellence in how well you implement the processes and technologies needed to support your strategy. Then there's tactical excellence...
- Research articles 2006-04-01
- GLOBALCOMM™ 2006 Announces Winners of ''Awards of Excellence'' Honoring the Industry's Best Communications Technology Companies, Products and Services; 17 Companies Recognized for Advancement and Excellence in the Industry
- ARLINGTON, Va. -- The Telecommunications Industry Association TIA, owner and producer of GLOBALCOMMTM, today announced the nine winners and eight runners-up of the 2006 Awards of Excellence. The GLOBALCOMMTM Awards of Excellence honor the information and communications technology ICT industry's preeminent organizations, recognizing the most promising new technologies and the...
- Research articles 2006-05-12
- KPMG/LOGISTICS EUROPE: 1998 Awards for Excellence in Supply Chain Management announced.
- M2 PRESSWIRE-1 December 1998-KPMG/LOGISTICS EUROPE: 1998 Awards for Excellence in Supply Chain Management announced C1994-98 M2 COMMUNICATIONS LTD RDATE:301198 * "Excellence Builds on Excellence" Pepsi Cola International, based in the Republic of Ireland, has been declared the overall...
- Research articles 1998-12-01
- From Quality Management to Organization Excellence: "Don't Throw the Baby Out With the Bath Water"
- This paper argues that business excellence, whilst more obviously the business aim, indeed the purpose of quality management is really quality management by another name. It is further argued that it would be a strategic error to develop business excellence as a replacement over-arching management methodology without first being clear...
- White papers 2000-11-15
- Achieving Operational Excellence In Government
- Operational excellence is a term usually associated with private-sector enterprises that are focusing on business processes and technologies that drive improvements in the ways in which they deliver products and services to customers. Operational excellence, however, takes more than technological know-how. It must be founded on a commitment to continuous...
- White papers 2007-02-01
- Alcoa establishes center of excellence in Russia.(GLOBAL ECONOMY)(Innovation Center of Excellence)(Brief article)
- Alcoa has established an Innovation Center of Excellence with leading universities in Russia to work on aluminum research and development projects focused on innovative mining, refining, and smelting technologies. Alcoa has signed agreements with Mos Alcoa has established an Innovation Center of Excellence with leading...
- Research articles 2007-04-01
- Alcoa's Lafayette Operations Receives Occupational Excellence Achievement Award for Safety Excellence from National Safety Council
- LAFAYETTE, Ind. -- Alcoa (NYSE:AA) announced today that its Lafayette, Indiana, facility was awarded a 2005 Occupational Excellence Achievement Award for Safety Excellence from the U.S. National Safety Council. The award recognizes employers that have injury and illness rates involving days missed from work equal to or less than 50%...
- Research articles 2006-05-08
- Network World Wins 1997 Ozzie Award for Excellence in Magazine Design
- FRAMINGHAM, Mass.--BUSINESS WIRE--Nov. 12, 1997--Network World, the leading newsweekly of enterprise network computing, continuing its mission of editorial excellence, has been honored with a prestigious 1997 Ozzie Award. The Ozzie Awards for Excellence in Magazine Design are presented by Folio: magazine annually during the Celebration of Excellence Gala. Awards were...
- Research articles 1997-11-12
