Helmut Jilling
Auditor / Consultant
Marc said:
There are some companies, sports teams, individuals, who simply perform and execute in a consistently better manner than most of their peers. We call them "World Class." But, the bar keeps going higher, so even they have to continue to sharpen and improve their performance.
I think 'world class' is a term losely used by business or economics writers to describe or differentiate companies that 'score' well in magazines such as Forture's 500 list and other related surveys.
It is a 'buzz' word used during the Michael Porter era. Like all terms coined by famous thinkers or authors they will gradually be replaced by some other 'flavour of the month'. Globalization and 'seamless world' are two such words which itself are on the way out.
What is the current 'flavour' ???.
It is a 'buzz' word used during the Michael Porter era. Like all terms coined by famous thinkers or authors they will gradually be replaced by some other 'flavour of the month'. Globalization and 'seamless world' are two such words which itself are on the way out.
What is the current 'flavour' ???.
R
ralphsulser
harry said:
When the term first started being used I believed it was the ability to compete with any world wide companies in terms of quality, cost and delivery.
The world wide market was achieveable because you had attained a level of excellance that allowed you to compete beyond the US markets.
Now I agree with Harry..what is the next buzz word? There have been a lot over the past 40 years and basically were rehashes of old, or rediscovered methods. Depends on how you spin the words.
My company is world class because we say so in our mission statement.
seriously though, I have used "World Class" to further my own agenda in a couple of places... "If you really want to be World Class, we should do this, and this, and this."
It's a great button to push with some executives.
but it all comes down to buzz phrase.
seriously though, I have used "World Class" to further my own agenda in a couple of places... "If you really want to be World Class, we should do this, and this, and this."
It's a great button to push with some executives.
but it all comes down to buzz phrase.
W
wmarhel
At a conference a several years back, I heard a speaker remark that a company is either "world-class" or "half-@ss". He also went on to state that the company needs to determine in which sandbox it wants to play.
Wayne
Wayne
Andrews said:
Malcom Baldrige award would be the place to start.
Coury Ferguson
Yeah - I know there are some 'basics' like the Malcom Baldrige award and the EFQM, to name two. But put into your own words, what is a World Class Company? What aspects would you cite?Coury Ferguson said:
When ever I hear 'World Class Company' I cringe because it seems so vague to me. I guess I'm one who sees World Class Company as a 'buzz word'.
In my opinion, a "world class organization" perpetually drives dysfunction out of their processes.Marc said:
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