Rane Group's Chairman, L Ganesh, has been conferred with the prestigious Deming Award. Notably, Ganesh became the third Indian and fifth globally to be bestowed with this award.
Ganesh said, 'The Rane Group embarked on the TQM journey in the year 2000 under the leadership of L Lakshman who was then the Chairman. We have also tried to disseminate TQM practices to our suppliers and shared this knowledge through many forums and to other Corporates in India. I dedicate this award to all our past and current employees.'
He noted that starting from 2003, five of the Rane companies have won the Deming Prize, and three of the Group companies went on to win Deming Grand Prize.
The Deming Prize is an annual award presented to organisations and individuals that have implemented Total Quality Management (TQM) catering to its management philosophy, scope, scale of business, type, and management environment.
Established in 1951, the award was instituted to pay tribute to W Edwards Deming, who contributed significantly to the spread of statistical quality control in Japan following World War II.
Meanwhile, the Deming Distinguished Service Award is given to individuals who have made outstanding contributions in the dissemination and promotion of TQM (whose primary activities are outside Japan).
The winner receives the Deming Medal with an accompanying Certificate of Merit from the Deming Prize Committee.
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