Monday, March 4, 2019
Baldrige Award Recipient
One of the 1995 Manufacturing represent Recipients of the Malcolm Baldrige National Quality Award was Corning Incorporated. The April 8th 2008 issue of Forbes. com published an term titled, Out of the portal Corning Inches Up which is the denomination that I am reviewing for this assignment. some of the main points of the article included that Corning sh ars were going up suggesting that the strong rent for their liquid crystal display glass panels contributed to this rise.It was menti 1d that the Corning stock was upgraded from neutral to outperform. The innovative York based party is n integrityd to be the worlds largest ecclesiastic of LCD glass used in flat-screen televisions and computers. Since television sales are healthiest in U. S, China, Japan, Europe and Russia, these countries are said to be contributing the roughly to that growth. The article noted while broader stock markets are on the decline, Corning is continuing to rise. I found this article interestin g for various reasons.While many volume whitethorn see a masteryful corporation as one that makes a profit on a regular basis, the qualities of this company which may get ignored or are unknown to some, created the opportunities within that continues to scrap its employees to perform their best and the end result is a successful company, not the other way around. Corning encourages creativity in its employees and thus creating its own success by the quality of the companys foundation and principles.Due to some of the reasons a company receives attention and awards such as the Malcolm Baldrige National Quality Award, is that the companys practices awards those within that in turn strengthen the company. For example, this company awards and encourages employees with creativity and future vision, thus currently they are in the lead in the area of liquid crystal display glass panels. Corning didnt hop-skip on the bandwagon mid-stream, they were entrepreneurs in this area.When memb ers of their team suggested this would be something worth developing historic period ago, those members were listened to and it has paid off and is continuing to pay off for Corning. While many in the public may see Corning as making net income at a metre when few are, it was actually a much than committed decision of conducting research into this long before others and then having time to refine their products when others right begin to recognize the value of this product.The author just stated the facts in this article of Cornings stocks, so therefore was rattling objective in all of his/her (authors name not given) points. The article was uninfluenced by any emotion by the author. However, knowing more about this company than this article, to me the end product shows that whether or not one sees it as such, valuing, motivating and encouraging ones employees can be time worthwhile in the end for a company.Any awards a company gets are always partly due to its employees, so the more a company can communicate and demonstrate this to their employees, the more motivated employees count to be to add to the success of their company (ies). Reference Out of the Gate Corning Inches Up. (2008, April 08). Retrieved April 22, 2008, from http//www. forbes. com/feeds/ap/2008/04/08/ap4866495. html
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