In a brief essay compare and contrast the Baldrige Principle

In a brief essay, compare and contrast the Baldrige Principles with Deming’s 14 points. Minimum 200 words please.

Solution

Contrast and Comparison of the Baldrige principle with deming\'s 14 points .Both the Baldrige principle as well as the demings points are very helpful in the field of buisness management. By the effective use of these two we can enhance the methord and working of the business .If we follow deming\'s 14 points it ensures the minimization of the production cost and high quality products .Deming points are aimed at the use of anlytical features whereas baldrige aimed at the areas of mangement to achieve their goal.Both the principle have the same goal to achieve .They both have a similar priciple which is leadership.Both of the principle tries to follow new knowledge. The principles suggests of having a good relation with the customers and should give customer satisfaction .The leaders involved in the business should be dedicated in devloping new approaches for producing high quality product and at low cost .They both suggest of implementing training in the institute as the employees working in the institutre should have the knowledge about the latest thing that are launched in the market or are new in the market. Another important aspect of bothe the principle is innovation and innovative thinking for the institute which can result in the generation of new ideas and can result in the launching of new product in the market.Both the princples sugggests to try different ways to aachieve accomplishment in all the field business.