Question

The senior management at Life Inc., a pioneer in the health care domain, came up with a blueprint to address the current issues facing the company. This blueprint provides the framework for the company to address the current business needs while giving it the agility and strategic management to prepare successfully for the future, to prepare for real-time or short-term emergencies, and for workforce and customer engagement. Which of the following Baldrige organizational concepts is being used by the company?
a. Managing for innovationb. Focus on the futurec. Managing for innovationd. Sustainabilitye. Valuing workforce members and partners

Answer 1

Answer:

The answer is: D) Sustainability

Explanation:

Organizational sustainability is the survival of an organization, which not only depends on financial sustainability but also on complex and dynamic dimensions like workforce growth, delivering value to customers, etc.

It is one of the most important results in applying the Baldrige Model for Business Excellence, which is a system launched by the US government.