Question :
Define, compare & contrast the following terms – Personal Excellence, Process Excellence, Operational Excellence and Business Excellence.
Answer 1:
Personal Excellence is the ability to create solutions in difficult solutions to enable yourself to successfully overcome the problems. This means “self-management”.
Process Excellence is improving the way businesses create and deliver value to customer.
Operational Excellence is an element of organizational intelligence that focuses on meeting customer expectations while stressing the application of a number of principles, processes and tools towards sustainable improvement
Business Excellence is using exceptional practices for managing the organization and achieving the desired results, all being based on fundamental concepts or values.
Personal Excellence is managing self and striving to overcome difficulties individually.
Process Excellence results in effective and efficient process as a result of personal excellence. It helps improve Operational Excellence of the organization by focusing on developing and delivering consistently near-perfect products, processes and services.
Operational Excellence is process excellence with additional focus on cultural and systemic improvements.
Business Excellence is the most broader of all since it is for the entire organization, .i.e. the entire organization having best processes delivering outstanding results for all.
Hence Personal Excellence is a subset of Process Excellence which in turn is a subset of Operational Excellence which finally is a subset of Business Excellence.