We are experiencing intermittent navigation issues with our website. Some of our navigation options are not appearing correctly. We are working to restore the situation quickly. Thank you for understanding.

We are experiencing intermittent navigation issues with our website. Some of our navigation options are not appearing correctly. We are working to restore the situation quickly. Thank you for understanding.

Logo - Business Development Bank of Canada - BDC

Total quality management (TQM)

Total quality management (TQM) is a management philosophy that asks all of a company’s employees to work together to improve product quality and customer satisfaction. It is based on the following practices.

  • Understanding employee and customer needs (using surveys, discussion groups, interviews or other means).
  • Designing products and services that meet or exceed customer expectations while being easy to make and use.
  • Using an operational process that predicts and prevents or reduces errors.
  • Verifying and measuring results and using this data to improve the system.
  • Working constantly to improve products and services.
  • Applying improvements to the entire supply chain, from suppliers of raw materials to distribution.