Only a few distinguishing awards exist that are ever given by the President of the United States. The Malcolm Baldridge National Quality Award is given to the individual or group of individuals that is formally recognized for the outstanding of both public and private U.S. organizations. Up to, but only 18, of these awards are given a year and they are divided up into six separate groups: small business, service, education, health care, non-profit, and manufacturing. As of last year, only 90 have ever been given out. To achieve this award, it is nothing short of a true achievement in excellent performance. In my opinion, this award should only be given to the individuals who truly understands and respect every aspect of business, whether it be non-profit or profitable. This award gives great contribution to the element of competitiveness as well: The central and true aspect of an American Company. The people who are selected for this award clearly understand something about running a smooth business and, at the peak of their success, could teach others how to be just as successful. This award is not just given out to anyone. This award clearly demonstrates effective and productive methods of management while also maintaining a management system that thoroughly ensures continuous improvement.
The other part of this award is the program that it instills into companies: The Malcolm Baldridge Performance Excellence Program. The program is for, like what the award disguises, between, businesses that are both private and public, and also deviate from small business, service, education, health care, non-profit, and manufacturing. The program basically is to direct a company into a proper management system and to show ways of ongoing improvement within the company. The program, not to be mistaken, is the building block to properly run a company, while the award, is to distinguish individuals or a group of individuals for either performing to the programs standards or showing multiple signs of improvement much like to the program. I think this system is very effective in keeping competition within our economy fair and observed, while personally, I also feel like it is a way for Government to “have their hand in the cookie jar” in standardizing competitive practice. I would assume most people would either view this as a win-win situation for our economy to have awards like this, while its also an equal tradeoff that our Government would be always playing a role in the economy and the management practices that are done within businesses of all types.
So the comic I found is quite funny and while it doesn’t speak about THIS award, this photo lightly amuses how some businesses give out meaningless awards to commemorate hard work. So, again, this comic is just a light humor to the ideas of Awards in General, not to the Malcolm Baldridge Award: