Win a Quality Award and Lose Your Competitive Advantage

Anthony L Iaquinto Ph.D.

Win a Quality Award and Lose Your Competitive Advantage

Anthony L Iaquinto Ph.D.

Management

Research output: Contribution to journal › Article › peer-review

Abstract

For the vast majority of companies there is a negative relationship between winning a quality award and subsequent firm performance `The dangers of simplicity', `the winner's curse', or `the smothering bureaucracy' can be used to explain how winning a quality award may lead to declines in competitive advantage. Firms should look at alternatives to quality awards as a means to improve quality management in their Careful planning and implementation, as well as years of experience, can moderate the adverse effects that winning a quality award has on a ®rm's competitive advantage.

Original language	English
Number of pages	7
Journal	Strategic Change
State	Published - 1999

Cite this

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abstract = "For the vast majority of companies there is a negative relationship between winning a quality award and subsequent firm performance `The dangers of simplicity', `the winner's curse', or `the smothering bureaucracy' can be used to explain how winning a quality award may lead to declines in competitive advantage. Firms should look at alternatives to quality awards as a means to improve quality management in their Careful planning and implementation, as well as years of experience, can moderate the adverse effects that winning a quality award has on a {\textregistered}rm's competitive advantage.",

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AB - For the vast majority of companies there is a negative relationship between winning a quality award and subsequent firm performance `The dangers of simplicity', `the winner's curse', or `the smothering bureaucracy' can be used to explain how winning a quality award may lead to declines in competitive advantage. Firms should look at alternatives to quality awards as a means to improve quality management in their Careful planning and implementation, as well as years of experience, can moderate the adverse effects that winning a quality award has on a ®rm's competitive advantage.

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