What characterizes leading companies within business excellence models? An analysis of “EFQM Recognized for Excellence” recipients in Spain

Management Control Systems and Firm Sustainability: Evidence From Textile and Apparel Businesses in Thailand

“…Business excellence is an important determinant of sustainable competitive advantage and superior performance (Escrig & de Menezes, 2015). Business excellence can optimise firms' performance and minimise possibilities of mistakes through the use of best practices for firms' techniques, methods, processes, activities, and mechanisms.…”

Implementation of Business Excellence Model in Cluster Environment

“…Business excellence models should ensure that business decisions incorporate the needs of all stakeholders, are aligned to the organization's objectives and take into account current thought on international best practices [28]. Potential synergies and integration implies a holistic adoption of all the best practices embedded in a business excellence models [28].…”

“…Potential synergies and integration implies a holistic adoption of all the best practices embedded in a business excellence models [28]. However, several authors [29], [30], [31], have highlighted that the Excellence Model is not prescriptive, and therefore does not require the use of specific practices.…”

Lean System as the Basis of Business Excellence and Competitiveness of Local Organizations

“…[1] So, a fundamental question for managers and academics is how organizations achieve and sustain competitive advantage in their pursuit of business excellence. [2] Organizations must adopt / implement contemporary management concepts like "…restructuring, (investments, divestments, mergers and acquisitions and the creation of groups of companies), TQM (Total Quality Management), kaizen, benchmarking, outsourcing, reengineering (business process reengineering), Lean Management, TBM (Time Based Management), Six Sigma, TOC (Theory of Constraints), controlling, knowledge management, organizations: virtual, fractal, network, flexible, intelligent, learning, as well as quality management…" [3]. Also, automotive industry generally accepted LEAN as a precondition for survival on the market, and after that, LEAN penetrated all of the other areas of economy and human operations in general.…”