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Posted: Wed 13:54, 04 Sep 2013 Post subject: doudoune moncler ISO 9001 Standards And How Busine |
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Corbett et al (2005) showed that certified organizations achieved superior return on assets compared to otherwise similar organizations without certification. Heras et al (2002) found similarly distinguished accomplishment and demonstrated that this was statistically consequential and not a function of organization size. Naveh and [link widoczny dla zalogowanych] Marcus (2007) showed that implementing ISO 9001 [link widoczny dla zalogowanych] led to distinguished operational accomplishment.
Sharma (2005) identified similar improvements in operating [link widoczny dla zalogowanych] achievement and linked this to accomplished financial [link widoczny dla zalogowanych] accomplishment. Chow-Chua et al [link widoczny dla zalogowanych] (2002) showed better overall financial performance was achieved for companies in Denmark.
Rajan and Tamimi (2003) showed that ISO 9001 certification resulted in distinguished stock market achievement and alluded to that shareholders were richly rewarded [16] for the investment in [link widoczny dla zalogowanych] an ISO 9001 system.
While the connection between excellent financial accomplishment and ISO 9001 may be seen from the above, there remains no proof of direct causation, though longitudinal studies, such as those of Corbett et al (2005) may [link widoczny dla zalogowanych] suggest it. Other writers such as Heras et al (2002) have implied that while there is some evidence of this, the improvement is partly driven by the fact that there is a tendency for better performing companies to seek ISO 9001 certification.
The mechanism for improving results has also been the subject of much research. Lo et al (2007) identified operational improvements (cycle time reduction, inventory reductions, etc.) as following from certification. Buttle (1997) and Santos (2002) [19] both hinted at internal process improvements in organizations leading to externally observable improvements.
Hendricks and Singhal (2001) results indicate that firms outperform their control group during the post application time and effective discharge of total quality management fundamentals and philosophies leads to consequential wealth [link widoczny dla zalogowanych] creation. The profit of increased worldwide trade and domestic market share, in addition to the internal gains such as customer satisfaction, interdepartmental communications, work processes, and customer/supplier partnerships derived, goes far beyond any and all initial [link widoczny dla zalogowanych] backing according to Alcorn.
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