Baldrige is "A Huge Return on Your Investment"
For Immediate Release: May 10, 2010
Contact: Baldrige Customer Service
301-975-2036
Jerry Rose, Vice President, Cargill, Inc.
At Quest for Excellence XXII in April 2010, Jerry Rose discussed the return on investment of using Baldrige.
Jerry said Cargill businesses with a high degree of deployment of the Baldrige Criteria have achieved 30% cumulative earnings after taxes vs. budget vs. 13% for Cargill businesses with partial Baldrige deployment and -12% for Cargill businesses just beginning use of Baldrige.
So, in Jerry’s words, is there payback? Yes. According to Jerry, “deciding to embrace the Baldrige program in your company is a commitment to a journey. It takes time, it takes dedication and it takes resources. What I know for sure is that there is a huge return on your investment.”
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