SlideShare une entreprise Scribd logo
1  sur  7
Télécharger pour lire hors ligne
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2649
Effect of TQM Practices on Financial Performance through Innovation
Performance - In Indian Manufacturing Context
Farish K A1, Anu P Anil 2, Dr. Satish K P3
1 M.Tech Student, Dept. of Production Engineering, GEC Trichur, Thrissur, Kerala, India
2 PhD Research scholar Dept. of Mechanical Engineering, GEC Trichur, Thrissur, Kerala, India
3 Professor, Dept. of Production Engineering, GEC Trichur, Thrissur, Kerala, India
---------------------------------------------------------------------***---------------------------------------------------------------------
Abstract - Total quality management (TQM) is a
management approach of an organization, centered on
quality, based on the participation of all its members and
aiming at long term successthroughcustomer satisfactionand
benefits to all members in the organizationandtosociety. This
study examines the direct and indirecteffectsofTQMpractices
on financial and innovation performance by using structural
equation modelling (SEM). Previous literatures described
different results of the relationship between TQM practices
and these two performance measures. Thus, the scope of this
study is to investigate the relationship between the TQM
practices and organization performance more precisely,
Indian manufacturing context. The data was collected from a
survey of 260 Indian manufacturing organizations using a
self-structured detailedquestionnaire. BasedonreviewofTQM
literatures, 13 TQM constructs were identifiedandselectedfor
this study. From results of the survey, the data was analyzed
and hypotheses were tested using SEM. Overall, findingsofthis
study highlight that, TQM practices has a direct and
significant effect on both financial performance and
innovation performance. The results also shows that, there is
an indirect and significant effect of TQM practicesonfinancial
performance through innovation performance. Thestudyalso
revealed that supplier quality management, continuous
improvement, quality information analysis, quality assurance
and knowledge management were perceived as the most
dominant TQM practices associated with both financial and
innovation performance.
Key Words: Total quality management practices,
Financial performance, Innovation performance,
Structural equation modelling, Supplier quality
management, Quality assurance.
1. INTRODUCTION
Total Quality Management (TQM) is a system of managing
quality in organizations in order to improve products and
services. Crosby (1979) stated “QM is a logical way of
ensuring that organized activities happen the way they are
planned.”. It provides lasting solutions to the organizations
plagued with problems of defects, high costs on account of
rework and waste, and delayed delivery of products and
services etc. All successful organizations adopt TQM in one
form or other. It has helped people, organizations and
nations to alter their destiny and attain superiority,
prosperity, and international performance. In recent years,
with the emergence of globalization, market competition,
and the improvement in communication flows, total quality
management (TQM) has become a crucial strategy for
companies to maintain their market position Santos Vijande
et al. (2007). At the same time, innovation has been widely
used as a winning order criterion for companies to gain
sustained competition and financial benefits.This study
attempts to understand the effect of TQM practices on firm
performance (financial performance (FP) and innovation
performance (IP)), asking whether TQM practices foster or
hinder the FP and IP. Even though there has been significant
research into this area, the conclusions are still argued. For
example, research scholarssuchasPrajogoandSohal (2001)
have debated that, organizations that implementing TQM
practices will promote a rich situation forinnovation,enable
knowledge sharing, and introduce positive organizational
change. Hence TQM practices are viewed as a driver for
organizational innovation. ButSlaterandNarver(1994), and
some others debate that total quality management practices
obstruct creativity, as they involve the implementation of
standards, which can grow into a “stickiness” regarding
repeated or established procedures or processes; it is thus
supposed that employees will be less likely to explore new
way of changing. Some authors found that effectively
implementation of TQM improved financial performance
(Barker and Cagwin, 2000; Hendricks and Singhal, 2001b;
York and Miree, 2004). However, some companies did not
gain from TQM implementation.Forexample,Chapmanet al.
(1997), Yeung and Chan (1998) found from casestudiesthat
manufacturing companies with a quality management
system in Hong Kong did not gain any financial benefits.
Hence, its claims are debatable. From there, this study aims
to investigate the direct and indirect effect of TQM practices
on financial and innovation performance in the Indian
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2650
manufacturing context, with theobjectiveof bridgingthe gap
and clearing up confusions.
2. LITERATURE REVIEW
2.1 Critical factors of TQM
Various studies have examined that; constitutesof quality
management, common barriers to quality management
implementation and factors are critical forthesuccessofQM
(Ahire et al., 1996; Flynn et al., 1994; Rao et al., 1999;Saraph
et al., 1989; Sila, 2007; Yusof & Aspinwall, 2000). Although
these studies have provided different results such as critical
factors, they have identified a common set of practices
considered essential to the success of quality management
implementation. To generate distinct generic constructs, a
list of constructs proposed in a large set of literature was
analysed. The critical factors identified in the previous TQM
literature are given below.
• Leadership and top management
Commitment
• Supplier performance
• Customer focus
• Supplier quality management
• Continuous improvement
• Team work
• Communication
• Quality improvement systems
• Employees involvement
• Employees empowerment
• Rewards and recognition
• Education and training
• Strategic quality planning
• Strategic management
• Quality information and analysis
• Quality assurance
• SPC usage
• Quality citizenship
• Quality culture
• Benchmarking
• Role of quality department
• Quality policy
• Process and product design
• Quality management environment
• Operational quality planning
• Quality information availability
• Process management
• Product quality and innovation
• Quality information usage
• Knowledge management
Through the thorough review of the TQM literatures, the
present study identified a set of 13 TQM practices by
frequency of occurrence method and it is shown in Table 1.
These 13 factors selected for this study.
Table -1: Critical TQM factors identified for the present
study
Sl No Critical factors selected for the present study
1 Leadership and top management commitment
(LTMC)
2 Customer focus (CF)
3 Supplier quality management (SQM)
4 Continuous improvement (CI)
5 Employees empowerment (EE)
6 Education and training (ET)
7 Quality information analysis (QIA)
8 Quality assurance (QA)
9 Quality citizenship (QCZ)
10 Quality culture (QC)
11 Process management (PM)
12 Product innovation (PI)
13 Knowledge management (KM)
2.2 Performance measure indicators
Having suggested a set of TQM practices, this section
presents anoverviewofperformancemeasures constructs.A
review of previous empirical studies on organizational
performance indicatesthattherearevariationsin measuring
performance of organizations (Monge et al., 2006).Different
variables used for measuring organizational performance
have been identified from the literatures. Prajogo and Sohal
(2004) measured organizational performance with the help
of quality performance (e.g. reliability, performance,
durability and conformance to specification)andinnovation
performance (e.g. product and process innovation). Zakuan
et al. (2010) in their study measured organizational
performance over two categories which are; satisfaction
level (example employee satisfaction and customer
satisfaction) and business results (example productivity,
number of successful new products, cost performance and
profitability). Numerous studies have been carried out to
determine the positive and negative (or non-significant)
relationships or correlations between TQM practices and
various performance measures. Considering the
comprehensive study and the availability of data in this
study, organization performance will be measured through
financial performance(FP)andinnovationperformance(IP).
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2651
3. RESEARCH FRAME WORK AND PROPOSED
HYPOTHESES
A review of the previous empirical studies on TQM practices
suggests that researchers have defined TQM practices
construct in various ways although they are complementary
to each other. In this study, we decided to use one of these
models or framework forthe TQMpracticesconstruct. Based
on the analysis of previous research, a conceptual research
framework is developed and a research model has been
proposed to examine the direct and indirect effect of TQM
practices on company’s performance by measuring the
financial and innovation performance as a performance
indicators in the Indian manufacturing companies. The
proposed TQM conceptual research frameworks are shown
in Figure 1. This research models suggests that the greater
the extent to which these TQM practices are present, the
financial performance andinnovationperformanceofIndian
manufacturing organizations will be higher. In this
framework, the independent variables are TQM practices
and a dependent variables are financial and innovation
performance. The two research questions of this study can
be articulated as follows:
 Do the identified TQM practices have direct andindirect
effect on company’s financial and innovation
performance?
 Which TQM practices are more associated with the
company’s financial and innovation performance?
Therefore aim of this study is to find out the direct and
indirect effect of TQM practices on financial and innovation
performance inIndianmanufacturingcompaniesandfinding
out which TQM practices are more associated with the
company’s financial and innovation performance. Hence, in
guiding the direction of the analysis, three research
hypotheses were developed and will be tested in this
research. They were based on the findings identified in the
literature review.
H1: TQM practices have direct and positive effects on
financial performance of Indian manufacturing
organizations.
H2: TQM practices have direct and positive effects on
innovation performance of Indian manufacturing
organizations.
H3: TQM practices have indirect and positive effects on
financial performance through innovation performance of
Indian manufacturing organizations.
Figure -1: Conceptual research framework
4. RESEARCH METHODOLOGY
In order to accomplish the objective of this research study, a
questionnaire survey methodology was adopted and was
carried out in selected Indian manufacturing organizations.
4.1 Survey instrument
Based on previous literatures (Salaheldin (2009),
Bayraktar et al. (2008), Saravanan R and Rao, K.S.P. (2007),
Sila and Ebrahimpour (2002), Antony et al. (2002) and Brah
et al. (2000)) a self-structured detailed questionnaire was
developed with the items for 13 TQM constructs along with
the questions on performance measure and information
about the respondents. Which includes questions that are
capable of extracting maximum available data from the
industries. The level of implementation is marked in a seven
point likert scale, 1(Strongly disagree), 2 (Disagree), 3
(Somewhat disagree), 4 (Neutral), 5 (Somewhat agree), 6
(Agree), 7 (Strongly agree).
4.2 Data collection
The study employed the survey method, which makes use
of a research instrument. The study was conducted in small,
medium and large scale manufacturing organizations in
India. The questionnaire is sent to theorganizationsthrough
electronic mail and direct contact approach. Before
conducting the full survey, initially a pilot study was
conducted using this questionnaire and 34 responses were
obtained out of 46 organizations.Theseresponseswereused
to check the reliability of the questionnaire. After the pilot
study the survey is extended to around 700 organizations.
Addressed to the top and middle level
administrators/managers of the companies, the survey
instruments were e-mailed and directly given to 680 Indian
manufacturing companies (large, medium, small). After
several follow-ups and personal contacts, a total of 260
companies responded which are approximately 38.24
percent of the sample size, were selected for the study. A
response rate of 38.24 percent which is well and lies within
the range of 85-300 cases as suggested by Kureshi et al.
(2010) and Hair et al. (1998). Thesedata obtainedvia survey
was tabulated using Microsoft Excel. Then the data were
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2652
analyzed using IBMSPSS(20.0)statisticssoftwareandAMOS
(20.0) software.
4.3 Data analysis and hypotheses test results
4.3.1 Reliability analysis
Reliability is the ability of the instrument to measure
consistently. Reliability coefficients were initially computed
to check the internal consistency of the measuring items of
the independent and dependent variables. As the internal
consistency method is the most common form of reliability
estimation (Nunnally, 1978) and it has been used in this
study. This method assesses the equivalence, homogeneity
and inter correlation of the items used in a measure. IBM
SPSS Statistics software (version 20.0) is used for the
evaluation of collected data. Reliabilitytestswereperformed
separately for the items of each TQM practice (13
independent variables) and two dependent variables
(financial performance and innovation performance). The
Cronbach's alpha (α) values of the study variables are
summarized in Table 2 and Table 3. One item from process
management was deleted, so that it became reliable.
Nunnally (1978) is often related with the assertion that
instruments used in the basic research should have
reliability of 0.7 or better.
Table -2: Reliability analysis of TQM practices
Sl
No
TQM Practices
No of
items
Cronbach's alpha
(α)
1 LTMC 5 0.725
2 CF 4 0.811
3 SQM 5 0.922
4 CI 5 0.792
5 EE 4 0.853
6 ET 4 0.837
7 QIA 4 0.760
8 QA 5 0.900
9 QCZ 5 0.736
10 QC 5 0.765
11 PM 4 0.785
12 PI 5 0.772
13 KM 3 0.898
Table -3: Reliability analysis of financial and innovation
performances
Here final reliability analysis result shows that all the
constructs have α > 0.7 (ranges from 0.725 to 0.922). So we
can conclude that the data collection instrument i.e., the
questionnaire developed were reliable.
4.3.2 Validity analysis
Validity is referred to how well our concept is defined by
the measures. The concept of validity was formulated by
Kelly (1927, p. 14) and who stated that a test is valid means
if it measures what it claims to measure. The general
purpose of checking validity is to find a way of minimizing
the loss of information and summarizing these information
into smaller sizes. There are mainly two types validity ;
content validity and construct validity. Content validity is a
subjective evaluation, which was considered suitable
because these critical factors and results in the evaluation of
quality management have been obtained from a literature
review expert opinions. The main objective of the content
validity is to ensure that the previous empirical issue must
be extend by the selection of construct items, it also include
theoretical and practical considerations (Robinson et al.,
1991). In this study the 13 critical factors for measuring
TQM implementation should have content validity, as the
measurement items were developed based on both an
comprehensive review of the literature and detailed
evaluations by academicians and practicing managers.
Although construct validity means the degree to which a
measure or other test assesses the fundamental theoretical
construct it is supposed to measure. Theconstructvalidityof
each measure was evaluated through a factor analysis.
4.3.3 Factor analysis
Factor analysis is used for checking the validity of
collected data. It is is a statistical approach that can be used
to analyze the interrelationships among large number of
variables and explain these variables in terms of their
common underlying factors(Prasad et al., 2010). Factor
structure of dependent and independent variables can be
find out with the help of factor analysis with principal
component by varimax rotation.For assessing theconstruct
validity, factor loadings are obtained for each item. The
loadings indicate the strength oftherelationship betweenan
item and a particular factor or practice. The higher the
loading, the better the representation that particular item
has on the factor. For this study, a loading of 0.40 or greater
on the factor was considered (Hair etal.,1998;Arumugam et
Sl
No
Performance
Indicator
No of
items
Cronbach's alpha
(α)
1 IP 5 0.871
2 FP 5 0.783
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2653
al., 2008; Ooi et al., 2008). Fortheindependentvariablesince
some items were below 0.40 or are having collinearity with
more than one factor. Hence it is continuedtoperformfactor
analysis and thereby removing the items one by one untill
we get all the item have factor loading above 0.4. And totally
12 items relating to these factorswereeliminated.Further,it
was found that these 8 independent varibles explained
74.992 percent of total variance. The Kaiser-Meyer-Olkin
(KMO) measure of sampling adequacy was 0.803 which is
greater than 0.60 indicate there exist a sufficient
intercorrelations while the Barlett's test of sphericity was
significant (χ2=14127.378, p=0.000 <0.01). For dependent
variables all items are higher factor loading and these two
variables explaining 62.619 percent of variance in the data.
Also KMO is 0.778 and Barlett's test of sphericity was
significant (χ2= 1255.273, p=0.000 <0.01). Findings show
that our sample is suitable for the hypothesis analyses.
4.3.4 Structural equation modelling (SEM)
It was proposed where the thirteen TQM practices were
related against the two performance indicators (financial
performance and innovation performance).
The purpose of SEM was to observe the combined effect of
TQM practices on performance measures (Hair, Black, &
Anderson, 2010). Instead of performing two individual
multiple regression which would regress only one
dependent variable of performance at a time, but by
performing structural equation modelling we can observe
altogether at the same time the combined effect of 13 TQM
practices on the two dependent variables. Thereby
determining systematic and statistically significant co
variation between the constructs. The latent factors were
created based on the combined effect of the 13 TQM
practices and two performance measures. AMOS software
was used to conduct analysis for SEM to examine the
strength of the relationships between the model
independent and dependent variables. Confirmatory
modelling approach is employed to examine the
relationships. The building of the SEM model was based on
literature review documenting the 13 TQM practicesrelated
to the two performance measures. The structural equation
modelling provided outcomes that assessed how well the
model fitted the empirically collected data.
Before evaluating the structural equationmodel,thevalidity
of the measurement model (as shown in fig 2) was tested.
After estimating the measurement model for all factors
without constraining the covariance matrix of the factors,
the SEM for the factors together with the measurement
models was estimated. At each step, whether or not the
model fitted the data was assessed. This assessment of the
model was done by examining the standard errors, by
deleting, adding, and or modifying paths in the model
(modification indices), then re tested using the same data
set, and also examining t-values, p-values, a number of
goodness of fit statistics (CFI, GFI, RMSEA etc.). AMOS 20.0
software was used to test the measurement model. During
the process, some practices namely, customer focus,
employee empowerment, education and training, quality
citizenship and quality culture is eliminated due to low
loading.
Figure -2: Measurement model of the relationship
between TQM practices and performance measures
The assumptions of multivariate analysis– normality,
linearity, and homoscedasticity were testedforthevariables
used in the measurement model. The analysis of the
assumptions of the multivariate model indicated there is no
statistically significantviolationsexist.Duringtheestimation
of the measurement model for TQM practices and
performance measures, an examination of the modification
indices andstandardisedresidualsrevealedredundantitems
in some scales. These redundant items were eliminated,
which resulted in better-fitted models. The results of the
measurement model and structural model with the
recommended values of the fit indices for the satisfactory fit
of a model to data are shown in Table 4.
Table -4: Test results of the measurement models and
structural model
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2654
For hypothesis testing, structural equation model were
proposed to observe the relationships between 13 TQM
practices and two performance measures of Indian
manufacturing organizations (as shown in fig 3). The
primary purpose of this study was to identify the direct and
indirect effects of TQM practices on the various dimensions
of performances (financial and innovation). Through testing
the hypothesised structural model, which was developed
based on a comprehensive literature review, this purpose
was accomplished. Parameter estimates includingthefactor
loadings of TQM practices on the TQM construct, regression
path coefficients for the structural paths, are shown in fig 3.
Figure -3: Structural equation model of the relationship
between TQM practices and performances
The goodness of fit statistics used to assess the fit of the data
to the hypothesised model are the same as those usedtotest
the measurement models and are presented in table 4. Also
the table 5 shows, the hypotheses H1, H2 and H3 were
significant at p <0.05 and all the paths in the model are
supported. H1 and H2 significant, means TQM practiceshave
direct and positive effects on financial performance and
innovation performance of Indian manufacturing
organizations. Similarly hypothesis H3 is significant, means
there is an indirect effect on financial performance by TQM
practices through innovation performance. Supplier quality
management, continuous improvement, qualityinformation
analysis, quality assurance and knowledge management
were found to contribute more on improvement of financial
performance throughtheeffectofinnovationperformancein
Indian manufacturing organizations.
Table -5: Construct structural model (TQM on financial
performance through innovation performance)
5. CONCLUSIONS
This paper has accomplished the stated objectives of the
study successfully and analyzed thedirectandindirecteffect
of TQM practices on financial and innovation performances
in Indian manufacturing organizations. The study also
revealed that supplier quality management, continuous
improvement, quality information analysis, quality
assurance and knowledge management were perceived as
the most dominant TQM practices associated with both
financial and innovation performances of Indian
manufacturing organizations. The findings of this study
suggest that these five practices of TQM should be explored
to achieve high innovation performance and there by high
financial benefits in Indian manufacturing companies. So
they can improve their competitive position in global
market. This study has also demonstrated that
manufacturing companies in India believe total quality
management is a key contributing factor to firm
performance and survival.
ACKNOWLEDGEMENT
Gratitude goes to all the organizations and the employees of
those organizations for their immense contributiontowards
this research.
REFERENCES
[1] Santos-Vijande M.L. and Alvarez-Gonzalez L.I.,
“Innovativeness and Organizational Innovation in Total
Quality Oriented Firms: The Moderating Role of Market
Turbulence”, Technovation, Vol. 27, 2007, pp. 514-532.
[2] Prajogo D.I. and Sohal A.S., “Tqm and Innovation: A
Literature Review and Research Framework”
Technovation, Vol .21, 2001, pp. 539-558.
[3] Slater S.F. and Narver J.C., “Does Competitive
Environment Moderate the Market Orientation
Performance relationship?”, Journal of Marketing,
Vol.58, 1994, pp. 46-55.
[4] Saraph J. V., Benson P. G. and Schroeder R. G., “An
instrument for measuring the critical factors of quality
management”, Decision Sciences, Vol.20,No.4,1989, pp.
810-829.
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072
© 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2655
[5] Ahire S.L., Golhar D.Y. and Waller M.A., “Development
and validation of TQM implementation constructs”,
Decision Sciences, Vol. 27, 1996, pp. 23–56.
[6] Flynn B.B., Schroeder R.G. and Sakakibara S., “A
framework for quality management research and an
associated measurement instrument”, Journal of
Operations Management, Vol. 11, 1994, pp. 339–366.
[7] Rao S.S., Solis L.E. and Raghunathan T.S., “A framework
for international quality management research:
Development and validation of a measurement”, Total
Quality Management, Vol. 10, 1999, pp. 1047–1075.
[8] Sila I., “Examining the effects of contextual factors on
TQM and performance through the lens of
organizational theories: An empirical study”, Journal of
Operations Management, Vol. 25, 2007, pp. 83–109.
[9] Yusof S.M. and Aspinwall E., “Critical success factors for
total quality management implementation in small and
medium enterprises”, Total Quality Management, Vol.
10, 2000, pp. 803–809.
[10] Monge C.A.M., Rao S.S., Gonzalez M.E. and Sohal A.S.,
“Performance measurement of AMT: A cross-regional
study”, Benchmarking: An International Journal, Vol.13,
2006, pp. 135–146.
[11] Prajogo D.I. and Sohal A.S., “The multidimensionality of
TQM practices in determining quality and innovation
performance: An empirical examination”,Technovation,
Vol. 24, 2004, pp. 443–453.
[12] Salaheldin S.I. and Mukhalalati B.A., “The
implementation of TQM in the Qatari healthcaresector”,
Journal of Accounting-Business and Management, Vol.
16 No. 2, 2009, pp. 1-14.
[13] Bayraktar E., Tatiglu E. and Zaim S., “An instrument for
measuring the critical factor of TQM in Turkish higher
education”, Total Quality Management and Business
Excellence, Vol. 19 No. 6, 2008, pp. 551-74.
[14] Saravanan R. and Rao K.S.P., “The impact of total quality
service age on quality and operational: an empirical
study”, The TQM Magazine, Vol.19, No.3, 2007, pp. 197-
205.
[15] Sila I. and Ebrahimpour M., “An investigation of the
total quality management survey based research
published between 1989 and 2000: a literaturereview”,
International Journal of Quality and Reliability
Management, Vol.19, No.7, 2002 , pp. 902-970.
[16] Brah S.A., Wong J.L. and Rao B.M., “TQM and business
performance in the service sector: A Singapore study”,
International Journal of Operations & Production
Management, Vol. 20, 2000, pp. 1293–1314.
[17] Zakuan N.M., Yusof S.M., Laosirihongthong T. and
Shaharoun A.M., “Proposed relationship of TQM and
organizational performance using structured equation
modeling”, Total Quality Management, Vol.21, No.2,
2010, pp.
[18] Nunnally, J.C., Psychometric Theory, second edition
McGraw-Hill, New York, 1978.
[19] Kelley,T.L.,Interpretationofeducational measurements.
New York: World Book Company, 1927.
[20] Arumugam V., Ooi K.-B., Teh P.-L. and Chong A. Y.-L.,
“TQM practices and its association with production
workers”, Industrial ManagementandData Systems,Vol.
108, No. 7, 2008, pp. 909-927.
[21] Anu P. Anil and Dr. Satish K. P., “Investigating the
relationship between TQM practices and Firm’s
performance: A conceptual framework for Indian
organizations”, Elsevier Science Direct Procedia
Technology , Vol. 24, 2016, pp. 555-561.
[22] Hair J.F. Jr, Anderson R.E., Tatham R.L. and Black W.C.,
Multivariate Data Analysis, 5th edition., Prentice-Hall,
Englewood Cliffs, NJ, 1998.
[23] Durbin J. and Watson G.S., “Tests for serial correlationin
least squares regression II”, Biometrika, Vol. 30, 1951,
pp. 159-78.
[24] Ooi K.-B., Arumugam V., Safa M.S. and Bakar N.A. “HRM
and TQM: association with job involvement”, Personnel
Review, Vol. 36 No. 6, (2007a), pp. 939-62.
[25] Ooi K.-B., Cheah W.-C., Lin B. and Teh P.-L., “Total quality
management practices and knowledge sharing: an
empirical study of Malaysia’s manufacturing
organizations”, Asia Pacific Journal of Management, Vol.
29 No. 1, 2012, pp. 59-78.
[26] Cohen, J., Statistical Power Analysis for the Behavioral
Sciences, 2nd edition, Lawrence Erlbaum, Hillsdale, NJ,
p. 1309, 1988.
[27] Sadikoglu E., “Total quality management practices and
performance”, The Business Review,Cambridge,Vol.10,
No.2, 2008, pp. 60- 68.
[28] Jitpaiboon T. and Rao, S.S., “A meta-analysis of quality
measures in manufacturing system”, International
Journal of Quality & Reliability Management, Vol. 24 No.
1, 2007, pp. 78-102.
[29] Comrey A., A First Course on Factor Analysis, Academic
Press, London, 1973.

Contenu connexe

Tendances

IRJET- Ethical Climates as a Moderator on the Relationship between Lean M...
IRJET-  	  Ethical Climates as a Moderator on the Relationship between Lean M...IRJET-  	  Ethical Climates as a Moderator on the Relationship between Lean M...
IRJET- Ethical Climates as a Moderator on the Relationship between Lean M...IRJET Journal
 
Total Quality Management
Total Quality ManagementTotal Quality Management
Total Quality Managementaman1312
 
A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...
A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...
A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...Dr.Ganeshkumar C
 
Determinants of Supply Chain Performance of Indian Manufacturing Organizations
Determinants of Supply Chain Performance of Indian Manufacturing OrganizationsDeterminants of Supply Chain Performance of Indian Manufacturing Organizations
Determinants of Supply Chain Performance of Indian Manufacturing OrganizationsWaqas Tariq
 
IRJET- Total Quality Management and Organizational Performance
IRJET- Total Quality Management and Organizational PerformanceIRJET- Total Quality Management and Organizational Performance
IRJET- Total Quality Management and Organizational PerformanceIRJET Journal
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a reviewiaemedu
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a reviewiaemedu
 
Lean Manufacturing and employee Performance in Malysia
Lean Manufacturing and employee Performance in MalysiaLean Manufacturing and employee Performance in Malysia
Lean Manufacturing and employee Performance in MalysiakhalidGGG
 
self_assessment_practice_with_a_tqm_model_tqm_case_study
self_assessment_practice_with_a_tqm_model_tqm_case_studyself_assessment_practice_with_a_tqm_model_tqm_case_study
self_assessment_practice_with_a_tqm_model_tqm_case_studyInternational advisers
 
TQM in small and big organizations
TQM in small and big organizationsTQM in small and big organizations
TQM in small and big organizationsEnaam Alotaibi
 
Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...
Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...
Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...inventionjournals
 
Effect of total quality management on industrial performance in nigeria an em...
Effect of total quality management on industrial performance in nigeria an em...Effect of total quality management on industrial performance in nigeria an em...
Effect of total quality management on industrial performance in nigeria an em...Alexander Decker
 
Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...
    Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...    Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...
Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...snigdharanibehera
 

Tendances (18)

IRJET- Ethical Climates as a Moderator on the Relationship between Lean M...
IRJET-  	  Ethical Climates as a Moderator on the Relationship between Lean M...IRJET-  	  Ethical Climates as a Moderator on the Relationship between Lean M...
IRJET- Ethical Climates as a Moderator on the Relationship between Lean M...
 
Total Quality Management
Total Quality ManagementTotal Quality Management
Total Quality Management
 
A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...
A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...
A STUDY ON THE RELATIONSHIP AMONG SUPPLY CHAIN MANAGEMENT COMPONENTS, SUPPLY ...
 
Determinants of Supply Chain Performance of Indian Manufacturing Organizations
Determinants of Supply Chain Performance of Indian Manufacturing OrganizationsDeterminants of Supply Chain Performance of Indian Manufacturing Organizations
Determinants of Supply Chain Performance of Indian Manufacturing Organizations
 
IRJET- Total Quality Management and Organizational Performance
IRJET- Total Quality Management and Organizational PerformanceIRJET- Total Quality Management and Organizational Performance
IRJET- Total Quality Management and Organizational Performance
 
10120140401029 2
10120140401029 210120140401029 2
10120140401029 2
 
Resm tp021569
Resm tp021569Resm tp021569
Resm tp021569
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a review
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a review
 
Presentasi jurnal
Presentasi jurnalPresentasi jurnal
Presentasi jurnal
 
Case study tqm
Case study tqmCase study tqm
Case study tqm
 
30120140502010
3012014050201030120140502010
30120140502010
 
Lean Manufacturing and employee Performance in Malysia
Lean Manufacturing and employee Performance in MalysiaLean Manufacturing and employee Performance in Malysia
Lean Manufacturing and employee Performance in Malysia
 
self_assessment_practice_with_a_tqm_model_tqm_case_study
self_assessment_practice_with_a_tqm_model_tqm_case_studyself_assessment_practice_with_a_tqm_model_tqm_case_study
self_assessment_practice_with_a_tqm_model_tqm_case_study
 
TQM in small and big organizations
TQM in small and big organizationsTQM in small and big organizations
TQM in small and big organizations
 
Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...
Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...
Quantitative Research Modelling: Hard and Soft Criteria of Total Quality Serv...
 
Effect of total quality management on industrial performance in nigeria an em...
Effect of total quality management on industrial performance in nigeria an em...Effect of total quality management on industrial performance in nigeria an em...
Effect of total quality management on industrial performance in nigeria an em...
 
Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...
    Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...    Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...
Total Quality Management (TQM): Definition, elements, philosophies, B.Pha...
 

Similaire à TQM Practices Effect on Financial and Innovation Performance

Critical success factors of Total Quality Management implementation in Indian...
Critical success factors of Total Quality Management implementation in Indian...Critical success factors of Total Quality Management implementation in Indian...
Critical success factors of Total Quality Management implementation in Indian...IRJET Journal
 
QUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEW
QUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEWQUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEW
QUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEWIAEME Publication
 
Enhancement of the performance of an industry by the
Enhancement of the performance of an industry by theEnhancement of the performance of an industry by the
Enhancement of the performance of an industry by theeSAT Publishing House
 
Enhancement of the performance of an industry by the application of tqm concepts
Enhancement of the performance of an industry by the application of tqm conceptsEnhancement of the performance of an industry by the application of tqm concepts
Enhancement of the performance of an industry by the application of tqm conceptseSAT Journals
 
TQM: A Quality and Performance Enhancer
TQM: A Quality and Performance EnhancerTQM: A Quality and Performance Enhancer
TQM: A Quality and Performance Enhancerinventy
 
A Review on Performance Management and Appraisal in Construction Industry Tow...
A Review on Performance Management and Appraisal in Construction Industry Tow...A Review on Performance Management and Appraisal in Construction Industry Tow...
A Review on Performance Management and Appraisal in Construction Industry Tow...IRJET Journal
 
A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...
A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...
A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...Dereck Downing
 
Benefits derived by sm es through implementation of tqm
Benefits derived by sm es through implementation of tqmBenefits derived by sm es through implementation of tqm
Benefits derived by sm es through implementation of tqmeSAT Publishing House
 
A State-Of-Art Review Of Total Quality Management Application In Service Sector
	A State-Of-Art Review Of Total Quality Management Application In Service Sector	A State-Of-Art Review Of Total Quality Management Application In Service Sector
A State-Of-Art Review Of Total Quality Management Application In Service Sectorinventionjournals
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a reviewIAEME Publication
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a reviewiaemedu
 
Perceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqmPerceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqmeSAT Journals
 
Perceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqmPerceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqmeSAT Publishing House
 
A REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENT
A REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENTA REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENT
A REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENTStacy Vasquez
 
IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...
IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...
IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...IRJET Journal
 
Connie FarrisProject Performance and Quality Assurance(M.docx
Connie FarrisProject Performance and Quality Assurance(M.docxConnie FarrisProject Performance and Quality Assurance(M.docx
Connie FarrisProject Performance and Quality Assurance(M.docxmargaretr5
 
IRJET- Quality begets Quantity: Total Quality Management in Indian Servic...
IRJET-  	  Quality begets Quantity: Total Quality Management in Indian Servic...IRJET-  	  Quality begets Quantity: Total Quality Management in Indian Servic...
IRJET- Quality begets Quantity: Total Quality Management in Indian Servic...IRJET Journal
 
IRJET- Total Quality Management based Improvement of Teaching and Learnin...
IRJET-  	  Total Quality Management based Improvement of Teaching and Learnin...IRJET-  	  Total Quality Management based Improvement of Teaching and Learnin...
IRJET- Total Quality Management based Improvement of Teaching and Learnin...IRJET Journal
 
The effect of implementation of iso 9001 2008 qms organizational
The effect of implementation of iso 9001 2008 qms  organizationalThe effect of implementation of iso 9001 2008 qms  organizational
The effect of implementation of iso 9001 2008 qms organizationalIAEME Publication
 

Similaire à TQM Practices Effect on Financial and Innovation Performance (20)

Critical success factors of Total Quality Management implementation in Indian...
Critical success factors of Total Quality Management implementation in Indian...Critical success factors of Total Quality Management implementation in Indian...
Critical success factors of Total Quality Management implementation in Indian...
 
QUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEW
QUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEWQUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEW
QUALITY MANAGEMENT SYSTEM IN R&D: A CRITICAL LITERATURE REVIEW
 
Enhancement of the performance of an industry by the
Enhancement of the performance of an industry by theEnhancement of the performance of an industry by the
Enhancement of the performance of an industry by the
 
Enhancement of the performance of an industry by the application of tqm concepts
Enhancement of the performance of an industry by the application of tqm conceptsEnhancement of the performance of an industry by the application of tqm concepts
Enhancement of the performance of an industry by the application of tqm concepts
 
TQM: A Quality and Performance Enhancer
TQM: A Quality and Performance EnhancerTQM: A Quality and Performance Enhancer
TQM: A Quality and Performance Enhancer
 
A Review on Performance Management and Appraisal in Construction Industry Tow...
A Review on Performance Management and Appraisal in Construction Industry Tow...A Review on Performance Management and Appraisal in Construction Industry Tow...
A Review on Performance Management and Appraisal in Construction Industry Tow...
 
A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...
A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...
A REVIEW ON PERFORMANCE MANAGEMENT AND APPRAISAL IN CONSTRUCTION INDUSTRY TOW...
 
Au4102342349
Au4102342349Au4102342349
Au4102342349
 
Benefits derived by sm es through implementation of tqm
Benefits derived by sm es through implementation of tqmBenefits derived by sm es through implementation of tqm
Benefits derived by sm es through implementation of tqm
 
A State-Of-Art Review Of Total Quality Management Application In Service Sector
	A State-Of-Art Review Of Total Quality Management Application In Service Sector	A State-Of-Art Review Of Total Quality Management Application In Service Sector
A State-Of-Art Review Of Total Quality Management Application In Service Sector
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a review
 
Quality management and performance a review
Quality management and performance a reviewQuality management and performance a review
Quality management and performance a review
 
Perceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqmPerceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqm
 
Perceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqmPerceptions of smes (manufacturing firms) towards the key elements of tqm
Perceptions of smes (manufacturing firms) towards the key elements of tqm
 
A REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENT
A REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENTA REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENT
A REVIEW ON THE CLASSIFICATION OF TOTAL QUALITY MANAGEMENT
 
IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...
IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...
IRJET- Evaluating the Performance of Plant by Overall Equipment Effectiveness...
 
Connie FarrisProject Performance and Quality Assurance(M.docx
Connie FarrisProject Performance and Quality Assurance(M.docxConnie FarrisProject Performance and Quality Assurance(M.docx
Connie FarrisProject Performance and Quality Assurance(M.docx
 
IRJET- Quality begets Quantity: Total Quality Management in Indian Servic...
IRJET-  	  Quality begets Quantity: Total Quality Management in Indian Servic...IRJET-  	  Quality begets Quantity: Total Quality Management in Indian Servic...
IRJET- Quality begets Quantity: Total Quality Management in Indian Servic...
 
IRJET- Total Quality Management based Improvement of Teaching and Learnin...
IRJET-  	  Total Quality Management based Improvement of Teaching and Learnin...IRJET-  	  Total Quality Management based Improvement of Teaching and Learnin...
IRJET- Total Quality Management based Improvement of Teaching and Learnin...
 
The effect of implementation of iso 9001 2008 qms organizational
The effect of implementation of iso 9001 2008 qms  organizationalThe effect of implementation of iso 9001 2008 qms  organizational
The effect of implementation of iso 9001 2008 qms organizational
 

Plus de IRJET Journal

TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...IRJET Journal
 
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURESTUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTUREIRJET Journal
 
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...IRJET Journal
 
Effect of Camber and Angles of Attack on Airfoil Characteristics
Effect of Camber and Angles of Attack on Airfoil CharacteristicsEffect of Camber and Angles of Attack on Airfoil Characteristics
Effect of Camber and Angles of Attack on Airfoil CharacteristicsIRJET Journal
 
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...IRJET Journal
 
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...IRJET Journal
 
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...IRJET Journal
 
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...IRJET Journal
 
A REVIEW ON MACHINE LEARNING IN ADAS
A REVIEW ON MACHINE LEARNING IN ADASA REVIEW ON MACHINE LEARNING IN ADAS
A REVIEW ON MACHINE LEARNING IN ADASIRJET Journal
 
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...IRJET Journal
 
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
P.E.B. Framed Structure Design and Analysis Using STAAD ProP.E.B. Framed Structure Design and Analysis Using STAAD Pro
P.E.B. Framed Structure Design and Analysis Using STAAD ProIRJET Journal
 
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...IRJET Journal
 
Survey Paper on Cloud-Based Secured Healthcare System
Survey Paper on Cloud-Based Secured Healthcare SystemSurvey Paper on Cloud-Based Secured Healthcare System
Survey Paper on Cloud-Based Secured Healthcare SystemIRJET Journal
 
Review on studies and research on widening of existing concrete bridges
Review on studies and research on widening of existing concrete bridgesReview on studies and research on widening of existing concrete bridges
Review on studies and research on widening of existing concrete bridgesIRJET Journal
 
React based fullstack edtech web application
React based fullstack edtech web applicationReact based fullstack edtech web application
React based fullstack edtech web applicationIRJET Journal
 
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...IRJET Journal
 
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.IRJET Journal
 
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...IRJET Journal
 
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
Multistoried and Multi Bay Steel Building Frame by using Seismic DesignMultistoried and Multi Bay Steel Building Frame by using Seismic Design
Multistoried and Multi Bay Steel Building Frame by using Seismic DesignIRJET Journal
 
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...IRJET Journal
 

Plus de IRJET Journal (20)

TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
TUNNELING IN HIMALAYAS WITH NATM METHOD: A SPECIAL REFERENCES TO SUNGAL TUNNE...
 
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURESTUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
STUDY THE EFFECT OF RESPONSE REDUCTION FACTOR ON RC FRAMED STRUCTURE
 
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
A COMPARATIVE ANALYSIS OF RCC ELEMENT OF SLAB WITH STARK STEEL (HYSD STEEL) A...
 
Effect of Camber and Angles of Attack on Airfoil Characteristics
Effect of Camber and Angles of Attack on Airfoil CharacteristicsEffect of Camber and Angles of Attack on Airfoil Characteristics
Effect of Camber and Angles of Attack on Airfoil Characteristics
 
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
A Review on the Progress and Challenges of Aluminum-Based Metal Matrix Compos...
 
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
Dynamic Urban Transit Optimization: A Graph Neural Network Approach for Real-...
 
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
Structural Analysis and Design of Multi-Storey Symmetric and Asymmetric Shape...
 
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
A Review of “Seismic Response of RC Structures Having Plan and Vertical Irreg...
 
A REVIEW ON MACHINE LEARNING IN ADAS
A REVIEW ON MACHINE LEARNING IN ADASA REVIEW ON MACHINE LEARNING IN ADAS
A REVIEW ON MACHINE LEARNING IN ADAS
 
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
Long Term Trend Analysis of Precipitation and Temperature for Asosa district,...
 
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
P.E.B. Framed Structure Design and Analysis Using STAAD ProP.E.B. Framed Structure Design and Analysis Using STAAD Pro
P.E.B. Framed Structure Design and Analysis Using STAAD Pro
 
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
A Review on Innovative Fiber Integration for Enhanced Reinforcement of Concre...
 
Survey Paper on Cloud-Based Secured Healthcare System
Survey Paper on Cloud-Based Secured Healthcare SystemSurvey Paper on Cloud-Based Secured Healthcare System
Survey Paper on Cloud-Based Secured Healthcare System
 
Review on studies and research on widening of existing concrete bridges
Review on studies and research on widening of existing concrete bridgesReview on studies and research on widening of existing concrete bridges
Review on studies and research on widening of existing concrete bridges
 
React based fullstack edtech web application
React based fullstack edtech web applicationReact based fullstack edtech web application
React based fullstack edtech web application
 
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
A Comprehensive Review of Integrating IoT and Blockchain Technologies in the ...
 
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
A REVIEW ON THE PERFORMANCE OF COCONUT FIBRE REINFORCED CONCRETE.
 
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
Optimizing Business Management Process Workflows: The Dynamic Influence of Mi...
 
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
Multistoried and Multi Bay Steel Building Frame by using Seismic DesignMultistoried and Multi Bay Steel Building Frame by using Seismic Design
Multistoried and Multi Bay Steel Building Frame by using Seismic Design
 
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
Cost Optimization of Construction Using Plastic Waste as a Sustainable Constr...
 

Dernier

Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service NashikCall Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
UNIT-V FMM.HYDRAULIC TURBINE - Construction and workingUNIT-V FMM.HYDRAULIC TURBINE - Construction and working
UNIT-V FMM.HYDRAULIC TURBINE - Construction and workingrknatarajan
 
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...ranjana rawat
 
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130Suhani Kapoor
 
Top Rated Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...
Top Rated  Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...Top Rated  Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...
Top Rated Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...Call Girls in Nagpur High Profile
 
High Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur Escorts
High Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur EscortsHigh Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur Escorts
High Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Microscopic Analysis of Ceramic Materials.pptx
Microscopic Analysis of Ceramic Materials.pptxMicroscopic Analysis of Ceramic Materials.pptx
Microscopic Analysis of Ceramic Materials.pptxpurnimasatapathy1234
 
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...ranjana rawat
 
result management system report for college project
result management system report for college projectresult management system report for college project
result management system report for college projectTonystark477637
 
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
Software Development Life Cycle By  Team Orange (Dept. of Pharmacy)Software Development Life Cycle By  Team Orange (Dept. of Pharmacy)
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)Suman Mia
 
APPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICS
APPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICSAPPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICS
APPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICSKurinjimalarL3
 
Introduction and different types of Ethernet.pptx
Introduction and different types of Ethernet.pptxIntroduction and different types of Ethernet.pptx
Introduction and different types of Ethernet.pptxupamatechverse
 
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...Christo Ananth
 
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINEMANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINESIVASHANKAR N
 
KubeKraft presentation @CloudNativeHooghly
KubeKraft presentation @CloudNativeHooghlyKubeKraft presentation @CloudNativeHooghly
KubeKraft presentation @CloudNativeHooghlysanyuktamishra911
 
Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...
Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...
Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...Dr.Costas Sachpazis
 
Extrusion Processes and Their Limitations
Extrusion Processes and Their LimitationsExtrusion Processes and Their Limitations
Extrusion Processes and Their Limitations120cr0395
 
247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt
247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt
247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).pptssuser5c9d4b1
 
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 

Dernier (20)

Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service NashikCall Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
Call Girls Service Nashik Vaishnavi 7001305949 Independent Escort Service Nashik
 
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
UNIT-V FMM.HYDRAULIC TURBINE - Construction and workingUNIT-V FMM.HYDRAULIC TURBINE - Construction and working
UNIT-V FMM.HYDRAULIC TURBINE - Construction and working
 
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
The Most Attractive Pune Call Girls Budhwar Peth 8250192130 Will You Miss Thi...
 
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
VIP Call Girls Service Kondapur Hyderabad Call +91-8250192130
 
Top Rated Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...
Top Rated  Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...Top Rated  Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...
Top Rated Pune Call Girls Budhwar Peth ⟟ 6297143586 ⟟ Call Me For Genuine Se...
 
High Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur Escorts
High Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur EscortsHigh Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur Escorts
High Profile Call Girls Nagpur Isha Call 7001035870 Meet With Nagpur Escorts
 
Microscopic Analysis of Ceramic Materials.pptx
Microscopic Analysis of Ceramic Materials.pptxMicroscopic Analysis of Ceramic Materials.pptx
Microscopic Analysis of Ceramic Materials.pptx
 
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
(SHREYA) Chakan Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Esc...
 
result management system report for college project
result management system report for college projectresult management system report for college project
result management system report for college project
 
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
Software Development Life Cycle By  Team Orange (Dept. of Pharmacy)Software Development Life Cycle By  Team Orange (Dept. of Pharmacy)
Software Development Life Cycle By Team Orange (Dept. of Pharmacy)
 
APPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICS
APPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICSAPPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICS
APPLICATIONS-AC/DC DRIVES-OPERATING CHARACTERISTICS
 
★ CALL US 9953330565 ( HOT Young Call Girls In Badarpur delhi NCR
★ CALL US 9953330565 ( HOT Young Call Girls In Badarpur delhi NCR★ CALL US 9953330565 ( HOT Young Call Girls In Badarpur delhi NCR
★ CALL US 9953330565 ( HOT Young Call Girls In Badarpur delhi NCR
 
Introduction and different types of Ethernet.pptx
Introduction and different types of Ethernet.pptxIntroduction and different types of Ethernet.pptx
Introduction and different types of Ethernet.pptx
 
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
Call for Papers - Educational Administration: Theory and Practice, E-ISSN: 21...
 
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINEMANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
MANUFACTURING PROCESS-II UNIT-2 LATHE MACHINE
 
KubeKraft presentation @CloudNativeHooghly
KubeKraft presentation @CloudNativeHooghlyKubeKraft presentation @CloudNativeHooghly
KubeKraft presentation @CloudNativeHooghly
 
Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...
Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...
Sheet Pile Wall Design and Construction: A Practical Guide for Civil Engineer...
 
Extrusion Processes and Their Limitations
Extrusion Processes and Their LimitationsExtrusion Processes and Their Limitations
Extrusion Processes and Their Limitations
 
247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt
247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt
247267395-1-Symmetric-and-distributed-shared-memory-architectures-ppt (1).ppt
 
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANJALI) Dange Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 

TQM Practices Effect on Financial and Innovation Performance

  • 1. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2649 Effect of TQM Practices on Financial Performance through Innovation Performance - In Indian Manufacturing Context Farish K A1, Anu P Anil 2, Dr. Satish K P3 1 M.Tech Student, Dept. of Production Engineering, GEC Trichur, Thrissur, Kerala, India 2 PhD Research scholar Dept. of Mechanical Engineering, GEC Trichur, Thrissur, Kerala, India 3 Professor, Dept. of Production Engineering, GEC Trichur, Thrissur, Kerala, India ---------------------------------------------------------------------***--------------------------------------------------------------------- Abstract - Total quality management (TQM) is a management approach of an organization, centered on quality, based on the participation of all its members and aiming at long term successthroughcustomer satisfactionand benefits to all members in the organizationandtosociety. This study examines the direct and indirecteffectsofTQMpractices on financial and innovation performance by using structural equation modelling (SEM). Previous literatures described different results of the relationship between TQM practices and these two performance measures. Thus, the scope of this study is to investigate the relationship between the TQM practices and organization performance more precisely, Indian manufacturing context. The data was collected from a survey of 260 Indian manufacturing organizations using a self-structured detailedquestionnaire. BasedonreviewofTQM literatures, 13 TQM constructs were identifiedandselectedfor this study. From results of the survey, the data was analyzed and hypotheses were tested using SEM. Overall, findingsofthis study highlight that, TQM practices has a direct and significant effect on both financial performance and innovation performance. The results also shows that, there is an indirect and significant effect of TQM practicesonfinancial performance through innovation performance. Thestudyalso revealed that supplier quality management, continuous improvement, quality information analysis, quality assurance and knowledge management were perceived as the most dominant TQM practices associated with both financial and innovation performance. Key Words: Total quality management practices, Financial performance, Innovation performance, Structural equation modelling, Supplier quality management, Quality assurance. 1. INTRODUCTION Total Quality Management (TQM) is a system of managing quality in organizations in order to improve products and services. Crosby (1979) stated “QM is a logical way of ensuring that organized activities happen the way they are planned.”. It provides lasting solutions to the organizations plagued with problems of defects, high costs on account of rework and waste, and delayed delivery of products and services etc. All successful organizations adopt TQM in one form or other. It has helped people, organizations and nations to alter their destiny and attain superiority, prosperity, and international performance. In recent years, with the emergence of globalization, market competition, and the improvement in communication flows, total quality management (TQM) has become a crucial strategy for companies to maintain their market position Santos Vijande et al. (2007). At the same time, innovation has been widely used as a winning order criterion for companies to gain sustained competition and financial benefits.This study attempts to understand the effect of TQM practices on firm performance (financial performance (FP) and innovation performance (IP)), asking whether TQM practices foster or hinder the FP and IP. Even though there has been significant research into this area, the conclusions are still argued. For example, research scholarssuchasPrajogoandSohal (2001) have debated that, organizations that implementing TQM practices will promote a rich situation forinnovation,enable knowledge sharing, and introduce positive organizational change. Hence TQM practices are viewed as a driver for organizational innovation. ButSlaterandNarver(1994), and some others debate that total quality management practices obstruct creativity, as they involve the implementation of standards, which can grow into a “stickiness” regarding repeated or established procedures or processes; it is thus supposed that employees will be less likely to explore new way of changing. Some authors found that effectively implementation of TQM improved financial performance (Barker and Cagwin, 2000; Hendricks and Singhal, 2001b; York and Miree, 2004). However, some companies did not gain from TQM implementation.Forexample,Chapmanet al. (1997), Yeung and Chan (1998) found from casestudiesthat manufacturing companies with a quality management system in Hong Kong did not gain any financial benefits. Hence, its claims are debatable. From there, this study aims to investigate the direct and indirect effect of TQM practices on financial and innovation performance in the Indian
  • 2. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2650 manufacturing context, with theobjectiveof bridgingthe gap and clearing up confusions. 2. LITERATURE REVIEW 2.1 Critical factors of TQM Various studies have examined that; constitutesof quality management, common barriers to quality management implementation and factors are critical forthesuccessofQM (Ahire et al., 1996; Flynn et al., 1994; Rao et al., 1999;Saraph et al., 1989; Sila, 2007; Yusof & Aspinwall, 2000). Although these studies have provided different results such as critical factors, they have identified a common set of practices considered essential to the success of quality management implementation. To generate distinct generic constructs, a list of constructs proposed in a large set of literature was analysed. The critical factors identified in the previous TQM literature are given below. • Leadership and top management Commitment • Supplier performance • Customer focus • Supplier quality management • Continuous improvement • Team work • Communication • Quality improvement systems • Employees involvement • Employees empowerment • Rewards and recognition • Education and training • Strategic quality planning • Strategic management • Quality information and analysis • Quality assurance • SPC usage • Quality citizenship • Quality culture • Benchmarking • Role of quality department • Quality policy • Process and product design • Quality management environment • Operational quality planning • Quality information availability • Process management • Product quality and innovation • Quality information usage • Knowledge management Through the thorough review of the TQM literatures, the present study identified a set of 13 TQM practices by frequency of occurrence method and it is shown in Table 1. These 13 factors selected for this study. Table -1: Critical TQM factors identified for the present study Sl No Critical factors selected for the present study 1 Leadership and top management commitment (LTMC) 2 Customer focus (CF) 3 Supplier quality management (SQM) 4 Continuous improvement (CI) 5 Employees empowerment (EE) 6 Education and training (ET) 7 Quality information analysis (QIA) 8 Quality assurance (QA) 9 Quality citizenship (QCZ) 10 Quality culture (QC) 11 Process management (PM) 12 Product innovation (PI) 13 Knowledge management (KM) 2.2 Performance measure indicators Having suggested a set of TQM practices, this section presents anoverviewofperformancemeasures constructs.A review of previous empirical studies on organizational performance indicatesthattherearevariationsin measuring performance of organizations (Monge et al., 2006).Different variables used for measuring organizational performance have been identified from the literatures. Prajogo and Sohal (2004) measured organizational performance with the help of quality performance (e.g. reliability, performance, durability and conformance to specification)andinnovation performance (e.g. product and process innovation). Zakuan et al. (2010) in their study measured organizational performance over two categories which are; satisfaction level (example employee satisfaction and customer satisfaction) and business results (example productivity, number of successful new products, cost performance and profitability). Numerous studies have been carried out to determine the positive and negative (or non-significant) relationships or correlations between TQM practices and various performance measures. Considering the comprehensive study and the availability of data in this study, organization performance will be measured through financial performance(FP)andinnovationperformance(IP).
  • 3. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2651 3. RESEARCH FRAME WORK AND PROPOSED HYPOTHESES A review of the previous empirical studies on TQM practices suggests that researchers have defined TQM practices construct in various ways although they are complementary to each other. In this study, we decided to use one of these models or framework forthe TQMpracticesconstruct. Based on the analysis of previous research, a conceptual research framework is developed and a research model has been proposed to examine the direct and indirect effect of TQM practices on company’s performance by measuring the financial and innovation performance as a performance indicators in the Indian manufacturing companies. The proposed TQM conceptual research frameworks are shown in Figure 1. This research models suggests that the greater the extent to which these TQM practices are present, the financial performance andinnovationperformanceofIndian manufacturing organizations will be higher. In this framework, the independent variables are TQM practices and a dependent variables are financial and innovation performance. The two research questions of this study can be articulated as follows:  Do the identified TQM practices have direct andindirect effect on company’s financial and innovation performance?  Which TQM practices are more associated with the company’s financial and innovation performance? Therefore aim of this study is to find out the direct and indirect effect of TQM practices on financial and innovation performance inIndianmanufacturingcompaniesandfinding out which TQM practices are more associated with the company’s financial and innovation performance. Hence, in guiding the direction of the analysis, three research hypotheses were developed and will be tested in this research. They were based on the findings identified in the literature review. H1: TQM practices have direct and positive effects on financial performance of Indian manufacturing organizations. H2: TQM practices have direct and positive effects on innovation performance of Indian manufacturing organizations. H3: TQM practices have indirect and positive effects on financial performance through innovation performance of Indian manufacturing organizations. Figure -1: Conceptual research framework 4. RESEARCH METHODOLOGY In order to accomplish the objective of this research study, a questionnaire survey methodology was adopted and was carried out in selected Indian manufacturing organizations. 4.1 Survey instrument Based on previous literatures (Salaheldin (2009), Bayraktar et al. (2008), Saravanan R and Rao, K.S.P. (2007), Sila and Ebrahimpour (2002), Antony et al. (2002) and Brah et al. (2000)) a self-structured detailed questionnaire was developed with the items for 13 TQM constructs along with the questions on performance measure and information about the respondents. Which includes questions that are capable of extracting maximum available data from the industries. The level of implementation is marked in a seven point likert scale, 1(Strongly disagree), 2 (Disagree), 3 (Somewhat disagree), 4 (Neutral), 5 (Somewhat agree), 6 (Agree), 7 (Strongly agree). 4.2 Data collection The study employed the survey method, which makes use of a research instrument. The study was conducted in small, medium and large scale manufacturing organizations in India. The questionnaire is sent to theorganizationsthrough electronic mail and direct contact approach. Before conducting the full survey, initially a pilot study was conducted using this questionnaire and 34 responses were obtained out of 46 organizations.Theseresponseswereused to check the reliability of the questionnaire. After the pilot study the survey is extended to around 700 organizations. Addressed to the top and middle level administrators/managers of the companies, the survey instruments were e-mailed and directly given to 680 Indian manufacturing companies (large, medium, small). After several follow-ups and personal contacts, a total of 260 companies responded which are approximately 38.24 percent of the sample size, were selected for the study. A response rate of 38.24 percent which is well and lies within the range of 85-300 cases as suggested by Kureshi et al. (2010) and Hair et al. (1998). Thesedata obtainedvia survey was tabulated using Microsoft Excel. Then the data were
  • 4. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2652 analyzed using IBMSPSS(20.0)statisticssoftwareandAMOS (20.0) software. 4.3 Data analysis and hypotheses test results 4.3.1 Reliability analysis Reliability is the ability of the instrument to measure consistently. Reliability coefficients were initially computed to check the internal consistency of the measuring items of the independent and dependent variables. As the internal consistency method is the most common form of reliability estimation (Nunnally, 1978) and it has been used in this study. This method assesses the equivalence, homogeneity and inter correlation of the items used in a measure. IBM SPSS Statistics software (version 20.0) is used for the evaluation of collected data. Reliabilitytestswereperformed separately for the items of each TQM practice (13 independent variables) and two dependent variables (financial performance and innovation performance). The Cronbach's alpha (α) values of the study variables are summarized in Table 2 and Table 3. One item from process management was deleted, so that it became reliable. Nunnally (1978) is often related with the assertion that instruments used in the basic research should have reliability of 0.7 or better. Table -2: Reliability analysis of TQM practices Sl No TQM Practices No of items Cronbach's alpha (α) 1 LTMC 5 0.725 2 CF 4 0.811 3 SQM 5 0.922 4 CI 5 0.792 5 EE 4 0.853 6 ET 4 0.837 7 QIA 4 0.760 8 QA 5 0.900 9 QCZ 5 0.736 10 QC 5 0.765 11 PM 4 0.785 12 PI 5 0.772 13 KM 3 0.898 Table -3: Reliability analysis of financial and innovation performances Here final reliability analysis result shows that all the constructs have α > 0.7 (ranges from 0.725 to 0.922). So we can conclude that the data collection instrument i.e., the questionnaire developed were reliable. 4.3.2 Validity analysis Validity is referred to how well our concept is defined by the measures. The concept of validity was formulated by Kelly (1927, p. 14) and who stated that a test is valid means if it measures what it claims to measure. The general purpose of checking validity is to find a way of minimizing the loss of information and summarizing these information into smaller sizes. There are mainly two types validity ; content validity and construct validity. Content validity is a subjective evaluation, which was considered suitable because these critical factors and results in the evaluation of quality management have been obtained from a literature review expert opinions. The main objective of the content validity is to ensure that the previous empirical issue must be extend by the selection of construct items, it also include theoretical and practical considerations (Robinson et al., 1991). In this study the 13 critical factors for measuring TQM implementation should have content validity, as the measurement items were developed based on both an comprehensive review of the literature and detailed evaluations by academicians and practicing managers. Although construct validity means the degree to which a measure or other test assesses the fundamental theoretical construct it is supposed to measure. Theconstructvalidityof each measure was evaluated through a factor analysis. 4.3.3 Factor analysis Factor analysis is used for checking the validity of collected data. It is is a statistical approach that can be used to analyze the interrelationships among large number of variables and explain these variables in terms of their common underlying factors(Prasad et al., 2010). Factor structure of dependent and independent variables can be find out with the help of factor analysis with principal component by varimax rotation.For assessing theconstruct validity, factor loadings are obtained for each item. The loadings indicate the strength oftherelationship betweenan item and a particular factor or practice. The higher the loading, the better the representation that particular item has on the factor. For this study, a loading of 0.40 or greater on the factor was considered (Hair etal.,1998;Arumugam et Sl No Performance Indicator No of items Cronbach's alpha (α) 1 IP 5 0.871 2 FP 5 0.783
  • 5. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2653 al., 2008; Ooi et al., 2008). Fortheindependentvariablesince some items were below 0.40 or are having collinearity with more than one factor. Hence it is continuedtoperformfactor analysis and thereby removing the items one by one untill we get all the item have factor loading above 0.4. And totally 12 items relating to these factorswereeliminated.Further,it was found that these 8 independent varibles explained 74.992 percent of total variance. The Kaiser-Meyer-Olkin (KMO) measure of sampling adequacy was 0.803 which is greater than 0.60 indicate there exist a sufficient intercorrelations while the Barlett's test of sphericity was significant (χ2=14127.378, p=0.000 <0.01). For dependent variables all items are higher factor loading and these two variables explaining 62.619 percent of variance in the data. Also KMO is 0.778 and Barlett's test of sphericity was significant (χ2= 1255.273, p=0.000 <0.01). Findings show that our sample is suitable for the hypothesis analyses. 4.3.4 Structural equation modelling (SEM) It was proposed where the thirteen TQM practices were related against the two performance indicators (financial performance and innovation performance). The purpose of SEM was to observe the combined effect of TQM practices on performance measures (Hair, Black, & Anderson, 2010). Instead of performing two individual multiple regression which would regress only one dependent variable of performance at a time, but by performing structural equation modelling we can observe altogether at the same time the combined effect of 13 TQM practices on the two dependent variables. Thereby determining systematic and statistically significant co variation between the constructs. The latent factors were created based on the combined effect of the 13 TQM practices and two performance measures. AMOS software was used to conduct analysis for SEM to examine the strength of the relationships between the model independent and dependent variables. Confirmatory modelling approach is employed to examine the relationships. The building of the SEM model was based on literature review documenting the 13 TQM practicesrelated to the two performance measures. The structural equation modelling provided outcomes that assessed how well the model fitted the empirically collected data. Before evaluating the structural equationmodel,thevalidity of the measurement model (as shown in fig 2) was tested. After estimating the measurement model for all factors without constraining the covariance matrix of the factors, the SEM for the factors together with the measurement models was estimated. At each step, whether or not the model fitted the data was assessed. This assessment of the model was done by examining the standard errors, by deleting, adding, and or modifying paths in the model (modification indices), then re tested using the same data set, and also examining t-values, p-values, a number of goodness of fit statistics (CFI, GFI, RMSEA etc.). AMOS 20.0 software was used to test the measurement model. During the process, some practices namely, customer focus, employee empowerment, education and training, quality citizenship and quality culture is eliminated due to low loading. Figure -2: Measurement model of the relationship between TQM practices and performance measures The assumptions of multivariate analysis– normality, linearity, and homoscedasticity were testedforthevariables used in the measurement model. The analysis of the assumptions of the multivariate model indicated there is no statistically significantviolationsexist.Duringtheestimation of the measurement model for TQM practices and performance measures, an examination of the modification indices andstandardisedresidualsrevealedredundantitems in some scales. These redundant items were eliminated, which resulted in better-fitted models. The results of the measurement model and structural model with the recommended values of the fit indices for the satisfactory fit of a model to data are shown in Table 4. Table -4: Test results of the measurement models and structural model
  • 6. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2654 For hypothesis testing, structural equation model were proposed to observe the relationships between 13 TQM practices and two performance measures of Indian manufacturing organizations (as shown in fig 3). The primary purpose of this study was to identify the direct and indirect effects of TQM practices on the various dimensions of performances (financial and innovation). Through testing the hypothesised structural model, which was developed based on a comprehensive literature review, this purpose was accomplished. Parameter estimates includingthefactor loadings of TQM practices on the TQM construct, regression path coefficients for the structural paths, are shown in fig 3. Figure -3: Structural equation model of the relationship between TQM practices and performances The goodness of fit statistics used to assess the fit of the data to the hypothesised model are the same as those usedtotest the measurement models and are presented in table 4. Also the table 5 shows, the hypotheses H1, H2 and H3 were significant at p <0.05 and all the paths in the model are supported. H1 and H2 significant, means TQM practiceshave direct and positive effects on financial performance and innovation performance of Indian manufacturing organizations. Similarly hypothesis H3 is significant, means there is an indirect effect on financial performance by TQM practices through innovation performance. Supplier quality management, continuous improvement, qualityinformation analysis, quality assurance and knowledge management were found to contribute more on improvement of financial performance throughtheeffectofinnovationperformancein Indian manufacturing organizations. Table -5: Construct structural model (TQM on financial performance through innovation performance) 5. CONCLUSIONS This paper has accomplished the stated objectives of the study successfully and analyzed thedirectandindirecteffect of TQM practices on financial and innovation performances in Indian manufacturing organizations. The study also revealed that supplier quality management, continuous improvement, quality information analysis, quality assurance and knowledge management were perceived as the most dominant TQM practices associated with both financial and innovation performances of Indian manufacturing organizations. The findings of this study suggest that these five practices of TQM should be explored to achieve high innovation performance and there by high financial benefits in Indian manufacturing companies. So they can improve their competitive position in global market. This study has also demonstrated that manufacturing companies in India believe total quality management is a key contributing factor to firm performance and survival. ACKNOWLEDGEMENT Gratitude goes to all the organizations and the employees of those organizations for their immense contributiontowards this research. REFERENCES [1] Santos-Vijande M.L. and Alvarez-Gonzalez L.I., “Innovativeness and Organizational Innovation in Total Quality Oriented Firms: The Moderating Role of Market Turbulence”, Technovation, Vol. 27, 2007, pp. 514-532. [2] Prajogo D.I. and Sohal A.S., “Tqm and Innovation: A Literature Review and Research Framework” Technovation, Vol .21, 2001, pp. 539-558. [3] Slater S.F. and Narver J.C., “Does Competitive Environment Moderate the Market Orientation Performance relationship?”, Journal of Marketing, Vol.58, 1994, pp. 46-55. [4] Saraph J. V., Benson P. G. and Schroeder R. G., “An instrument for measuring the critical factors of quality management”, Decision Sciences, Vol.20,No.4,1989, pp. 810-829.
  • 7. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 04 Issue: 07 | July -2017 www.irjet.net p-ISSN: 2395-0072 © 2017, IRJET | Impact Factor value: 5.181 | ISO 9001:2008 Certified Journal | Page 2655 [5] Ahire S.L., Golhar D.Y. and Waller M.A., “Development and validation of TQM implementation constructs”, Decision Sciences, Vol. 27, 1996, pp. 23–56. [6] Flynn B.B., Schroeder R.G. and Sakakibara S., “A framework for quality management research and an associated measurement instrument”, Journal of Operations Management, Vol. 11, 1994, pp. 339–366. [7] Rao S.S., Solis L.E. and Raghunathan T.S., “A framework for international quality management research: Development and validation of a measurement”, Total Quality Management, Vol. 10, 1999, pp. 1047–1075. [8] Sila I., “Examining the effects of contextual factors on TQM and performance through the lens of organizational theories: An empirical study”, Journal of Operations Management, Vol. 25, 2007, pp. 83–109. [9] Yusof S.M. and Aspinwall E., “Critical success factors for total quality management implementation in small and medium enterprises”, Total Quality Management, Vol. 10, 2000, pp. 803–809. [10] Monge C.A.M., Rao S.S., Gonzalez M.E. and Sohal A.S., “Performance measurement of AMT: A cross-regional study”, Benchmarking: An International Journal, Vol.13, 2006, pp. 135–146. [11] Prajogo D.I. and Sohal A.S., “The multidimensionality of TQM practices in determining quality and innovation performance: An empirical examination”,Technovation, Vol. 24, 2004, pp. 443–453. [12] Salaheldin S.I. and Mukhalalati B.A., “The implementation of TQM in the Qatari healthcaresector”, Journal of Accounting-Business and Management, Vol. 16 No. 2, 2009, pp. 1-14. [13] Bayraktar E., Tatiglu E. and Zaim S., “An instrument for measuring the critical factor of TQM in Turkish higher education”, Total Quality Management and Business Excellence, Vol. 19 No. 6, 2008, pp. 551-74. [14] Saravanan R. and Rao K.S.P., “The impact of total quality service age on quality and operational: an empirical study”, The TQM Magazine, Vol.19, No.3, 2007, pp. 197- 205. [15] Sila I. and Ebrahimpour M., “An investigation of the total quality management survey based research published between 1989 and 2000: a literaturereview”, International Journal of Quality and Reliability Management, Vol.19, No.7, 2002 , pp. 902-970. [16] Brah S.A., Wong J.L. and Rao B.M., “TQM and business performance in the service sector: A Singapore study”, International Journal of Operations & Production Management, Vol. 20, 2000, pp. 1293–1314. [17] Zakuan N.M., Yusof S.M., Laosirihongthong T. and Shaharoun A.M., “Proposed relationship of TQM and organizational performance using structured equation modeling”, Total Quality Management, Vol.21, No.2, 2010, pp. [18] Nunnally, J.C., Psychometric Theory, second edition McGraw-Hill, New York, 1978. [19] Kelley,T.L.,Interpretationofeducational measurements. New York: World Book Company, 1927. [20] Arumugam V., Ooi K.-B., Teh P.-L. and Chong A. Y.-L., “TQM practices and its association with production workers”, Industrial ManagementandData Systems,Vol. 108, No. 7, 2008, pp. 909-927. [21] Anu P. Anil and Dr. Satish K. P., “Investigating the relationship between TQM practices and Firm’s performance: A conceptual framework for Indian organizations”, Elsevier Science Direct Procedia Technology , Vol. 24, 2016, pp. 555-561. [22] Hair J.F. Jr, Anderson R.E., Tatham R.L. and Black W.C., Multivariate Data Analysis, 5th edition., Prentice-Hall, Englewood Cliffs, NJ, 1998. [23] Durbin J. and Watson G.S., “Tests for serial correlationin least squares regression II”, Biometrika, Vol. 30, 1951, pp. 159-78. [24] Ooi K.-B., Arumugam V., Safa M.S. and Bakar N.A. “HRM and TQM: association with job involvement”, Personnel Review, Vol. 36 No. 6, (2007a), pp. 939-62. [25] Ooi K.-B., Cheah W.-C., Lin B. and Teh P.-L., “Total quality management practices and knowledge sharing: an empirical study of Malaysia’s manufacturing organizations”, Asia Pacific Journal of Management, Vol. 29 No. 1, 2012, pp. 59-78. [26] Cohen, J., Statistical Power Analysis for the Behavioral Sciences, 2nd edition, Lawrence Erlbaum, Hillsdale, NJ, p. 1309, 1988. [27] Sadikoglu E., “Total quality management practices and performance”, The Business Review,Cambridge,Vol.10, No.2, 2008, pp. 60- 68. [28] Jitpaiboon T. and Rao, S.S., “A meta-analysis of quality measures in manufacturing system”, International Journal of Quality & Reliability Management, Vol. 24 No. 1, 2007, pp. 78-102. [29] Comrey A., A First Course on Factor Analysis, Academic Press, London, 1973.