Steps for Successful Business Essay Example | Topics and Well Written Essays - 1500 words

Steps for Successful Business - Essay Example An SQM can provide the business profits in term of customers’ satisfaction but combining it with employee retention through; provision of continuous communication and guidance for the employees, childcare provision, and flexibility of work can guarantee loyalty, motivation and high productivity by the employees. The higher the motivation and trust, the better results will the organization have to show. The bibliography in this paper presents and summarizes a number of articles and their findings regarding workplace management and employee satisfaction factors. The authors emphasize the implementation of a successful Quality Management System (QMS) for a business by written and controlled procedures. They believe that a QMS prevents failures involving the supply chain, the brand, and customers since it forms a basis for major company audits. As management professionals, they propose using these four main concepts in the development of an effective QMS, in the order in which they suggest. They consider statistical tools to be first, like a flow chart or a process map, as it is vital in providing information on the path a product follows from the manufacturing stage onwards. This becomes a control plan after its approval by quality assurance department. Secondly, they propose using a Failure Modes and Effects Analysis (FMEA), is an advanced stage of product quality planning, which helps in identifying possible failures, and an FMEA team may oversee the process. Systems validation protocols work to eliminate defects and lower the level of vari ation in the process of manufacturing. Finally, current good manufacturing practices (cGMP) is necessary for manufacturing companies to ensure their products meet the market requirements, as this will develop their product identity and quality. Therefore, companies must develop and sustain a cGMP.