The Malcolm Baldrige Model contains only non-financial performance dimensions and a financial results sub-category.Organizations that apply for the Baldrige Award are assessed against seven criteria, each with sub-criteria and allocated points (note that most organizations assess to the model without applying for the award, using it purely for continuous improvement). A key function of the points allocation is that it enables direct comparison with other companies across industries and sectors.
Dec 13th, 2014
Did you know? You can earn $20 for every friend you invite to Studypool!