Value-Creation through the Balanced Scorecard Oriented TQM Concept (Authors: Dr
Mike C
Lam and Mr
Ren)Beijing Western Consultants (www
bscchina
com)AbstractThis paper tries to solve some of the issues concerning total quality management (TQM)
Firstly, what does a TQM (business excellence) concept/model look like
Are these TQM concepts/models theoretically sound
Would the judging frameworks and criteria of some quality awards such as Hong Kong Management Association (HKMA) Quality Award be the TQM concepts/models
Secondly, are TQM models related to other management concepts such as the Balanced Scorecard (BSC)
Thirdly could we integrate the TQM concept with BSC framework to form a value-adding concept
The main aim of this paper concerns with the processes of building up the