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Business Excellence

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Striving For Business Excellence

Strive for business excellence on your own, or with a little help from the Government.

Why Should I Strive For Business Excellence?
How Do I Achieve Business Excellence?
Who Can Help Me Achieve Business Excellence?
How Do I Get Started?
Where Can I Get More Information?


Why Should I Strive For Business Excellence?

  • The journey towards business excellence promises many rewards.

  • With sound management systems and processes in place, you can look forward to:

    • higher productivity
    • faster growth
    • happier customers
    • greater efficiency

  • A study conducted by the Nanyang Technological University showed that organisations who have achieved the highest level of business excellence consistently outperformed their industry’s average sales growth.

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How Do I Achieve Business Excellence?

  • You need to systematically set up management systems and processes which ensure your business excels.

  • You can use the “Business Excellence Framework” to do this. The framework lays out the management and systems you need to establish in key areas of your business.

  • You can also assess your businesses’ performance using the framework’s tools.

    See: Using the Business Excellence Framework
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Who Can Help Me Achieve Business Excellence?

  • If you need help, engage a Business Excellence consultant. He/She can help you understand what is needed and draw up a road map for your company to achieve business excellence.

  • You can apply for the SME Management Action for Results (SMART) initiative to subsidise the costs of hiring a consultant and implementing businesses excellence projects.

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How Do I Get Started?

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Where Can I Get More Information?

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Last updated on 01 January 2010
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