|
|
 |
Malcolm Baldrige National Quality Award Recipients' Stock Outperforms S&P 500
 |
|
|
|
|
|
|
|
|
|
|
|
"I'm thinking about submitting my company for Baldridge next (or the following) year. We do light manufacturing primarily with some servicing and installation aspects. Does anyone have any helpful hints about initiating the project? Is it best to hire a consultant to help out? Has anyone else from a small company (<300 people) done this recently?" Baldridge App Help!
|
|
|
|
For the seventh straight year in a row, the Commerce Department's National Institute of Standards and Technology (NIST) has conducted a stock performance study of the Malcolm Baldrige National Quality Award winners. And for the seventh straight year in a row, the investment study has concluded that the Baldrige group stock has outperformed the S&P 500 -- this year by 4.4 to 1. Here's how the fictitious Baldrige Index and stock investment study was conducted: Index includes the publicly traded U.S. companies that won the Malcolm Baldrige National Quality Award between 1990 and 1999.NIST invested a hypothetical $1,000 in each of the winners.NIST also invested another hypothetical $1,000 in the S&P 500.Investments were tracked from the first month following the award announcement through December 1, 2000.Adjustments were made in the case of stock splits.Results For The Past Seven Years 2001: Baldrige outperforms S&P 500 4.4 to 12000: Baldrige outperforms S&P 500 almost 5 to 11999: Baldrige outperforms S&P 500 2.6 to 11998: Baldrige outperforms S&P 500 almost 3 to 11997: Baldrige outperforms S&P 500 3.5 to 11996: Baldrige outperforms S&P 500 4 to 11995: Baldrige outperforms S&P 500 6.5 to 1Other Studies Have Concluded With Similar Results Other studies have indicated similar results. A joint study between the Georgia Institute of Technology and the University of Western Ontario found that quality award (including Baldrige) recipients experienced a 44 percent higher stock price return, a 48 percent higher growth in operating income, and a 37 percent higher growth in sales that a control group with similar size and industry standing. Other notable benefits included improvement in employment, and higher return on sales and asset growth. Visit the NIST news desk to read the full story. For a copy of this year's Baldrige Index stock study, visit NIST public affairs. Source: National Institute of Standards and Technology
Copyright © 2000-2008 iSixSigma All Rights Reserved Reproduction Without Permission Is Strictly Prohibited Copyright Requests
Publish an Article: Do you have a Six Sigma tip, learning or case study? Share it with the largest community of Six Sigma professionals, and be recognized by your peers. It's a great way to promote your expertise and/or build your resume. Read more about submitting an article.
"The Bottom Line" Links
|
|
|
|
BMG
Upgrade Your Skills
|
Master Black Belt Certification
Get the industry's most Flexible, Robust Program for Professionals
>> Find out more
|
|
![]() |
|
|
![]() |
|
SIGMAPRO |
MBB, Lean Sigma, & DFSS
when
experience
matters
most...
|
|
![]() |
M O T O R O L A U N I V E R S I T Y |
Learn from the most experienced practitioners of Six Sigma in the world
Public Training & Certification
Click here to take a free Six Sigma Lesson
|
|
![]() |
|
J |
URΛN
| |
Lean Six Sigma Public Workshops
Atlanta, GA - Sept 2008
Become one of your organization's 'vital few'. Get Juran Certified. |
|
|
![]() |
|
LSI
Knowledge & Experience
|
Get Your Lean Black Belt Certification - in Denver
Register Now - Starts August 11!
>>Learn about LodeStar Institute specials..
|
|
![]() |
|
HOWARD UNIVERSITY
Now offering Process Simulation !
4 weeks + 1 cost saving project + 1 mentor + 1 caring instructor = 1 Marketable Certified Lean Six Sigma Black Belt
|
|
![]() |
|
WINSTON SALEM STATE UNIVERSITY
Now offering Process Simulation !
4 weeks + 1 cost saving project + 1 mentor + 1 caring instructor = 1 Marketable Certified Lean Six Sigma Black Belt
|
|
![]() |
THE UNIVERSITY OF
TEXAS
AT AUSTIN |
|
2 weeks + 1 project = Black Belt Certification
|
|
|
![]() |
| . |
Find us on LinkedIn |
Join the iSixSigma Network and Connect with Other Six Sigma Pros |
|
| . |
|
![]() |
| . |
iSixSigma Live! Summit & Awards Jan 13-16, 2009 • Miami, FL |
Save up to $700 • Click Here! Register by August 14 |
|
| . |
|
Download the iSixSigma Toolbar for 1-Click access. Search Your Way. Everyday. Without Delay.

|
 |
|