The development of Quality Management Strategies of Cosmeceuticals industry Company

Authors

  • Malee Meesangpunt Rajamangala University of Technology Rattanakosin
  • Chatchawal Sangthongluan Rajamangala University of Technology Rattanakosin
  • Thitima Holumyong Rajamangala University of Technology Rattanakosin
  • Suphattra Yodsuranh Rajamangala University of Technology Rattanakosin

Keywords:

The development, Quality Management Strategies, Cosmeceuticals

Abstract

          The purpose of this article is to the development of Quality Management Strategies of Cosmeceuticals Industry Company by is to develop a conceptual framework the MicKinsey’s 7s framework and Total Quality Management to Cosmeceuticals Business Result.Based on literature review and documentary analysis. The results that developed conceptual framework has the exogenous latent variables composed of MicKinsey’s 7s framework with 7 observed variables are structure, strategy, system, style, staff, skill, shared value, and tne endogenous latent variable composed of total quality management with 5 observed variables are leadership, customer focus, continuos improvement,employees involvement, process management, and business result with 2 observed variables are financial performance, non-financial performance. This conceptual framework relies on theoretical knowledge and related literature review,then it should be tested to be consistent with empirical data, to apply the results in operations the business to succeed.

References

Abbass, F. and Alkhafaji (2003) Strategic Management Formulation. New York: Haworth Press.

Abubakar, R. and Mahmood, R. (2016). Firm resource advantage, total quality management, SME performance: Empirical evidence from Nigerian manufacturing firms.

AI-Damen, R. (2017). “The impact of Total Quality Management on organizational performance Case of Jordan Oil Petroleum Company.” International Journal of Business and Social Science, Volume 8 (1), page 192-202.

Akhtat, S., Zameer, H. and Saeed, R. (2014). “Impact of Total Quality Management on the Performance of Service Organizations in Pakistan.” International Journal of Academic Research in Economicsand Management Sciences, Volume 3 (6), page 109-117.

Benavides-Velasco, C., Quintana-Garcia, C., and Marchante-Lara, M. (2014). “Total Quality Management, corporate social responsibility and performance in the hotel industry.” International Journal of Hospitality Management 41: 77-87.

Besterfield, et.al (2003). "Total Quality Management". New Jersey: Prentice Hall.

Chaiyakul, T and Theeravanich, A. (2005). Production management principles. Bangkok: Pearson Education Indochina.

Chalaydecha, K. (2003). Concept of strategic management in Strategic Planning and Development Hospital service quality. Nonthaburi: Sukhothai Thammathirat Open University .

Chewatrakulkit, B. (2013). Strategic management. Bangkok: P PRESS.

Fongprae, P. (2016). Factors affecting Organizational Development for High Work Potential: A Case Study of UOB Bank. Master of Thesis: Burapha University.

Gokdeniz, I., Kartal, C., and Komurcu, K. (2017). “Strategic Assessment based on 7S McKinsey Model for a Business by Using Analytic Network Process (ANP).” International Journal of Academic Research in Business and Social Sciences 7 (6): 342-353.

Hanafizadeh, P. , and Ravasan, A. (2011). “A McKinsey 7S model-based framework for ERP readiness assessment.” International Journal of Enterprise Information Systems 7 (4): 23-63.

J. A. Pearce and R. B. Robinson (2009) “Strategic Management, Formulation, Implementation and Control,” 11th Edition, McGraw-Hill International, New York.

Jabeen, R., Shehu, A., Mahmood, R., and Mata, B. (2014). “TQM and Knowledge Management Impacts on SME Performance.” International Postgraduate Business Journal 6 (2): 23-43.

Jayakrishnan, M., Mohamad, A. K. B., and Yusof, M. B. M. (2018). The Holistic View Of Business Intelligence (BI) And Big Data Analytics (BDA) Towards Designing Strategic Performance Management Framework: A Case Study. Journal ofTheoretical and Applied InformationTechnology, 96(7),2025 - 2040.

John R. Schermerhorn (2002). Management. Wiley.

Juran, J.M. (1989). Juran on Leadership for Quality, The Free Press, New York.

Kajornnan, N. (2003). Strategies for building quality organizations. Bangkok: Thammakamol Printting.

Kaplan, R. (2005). “How the balanced scorecard complements the McKinsey 7-S model.” Strategy and Leadership 33 (3): 41-46.

Kaynak, H. (2003). “The relationship between total quality management practices and their effects on firm performance.” Journal of Operations Management 21 (4): 405-435.

Ketchonan, N. (2009). Strategic Management. Bangkok: SE-EDUCATION.

Ketsuwan, R. (2011). Quality Management: From TQC to TQM, ISO 9000 and Quality Assurance. Bangkok: Borpit Printing co., ltd.

Koyalkar, K. and Gankar, S. (2018). “A case study of application of Mc-Kinsey 7-S framework to investigate the effectiveness of new product development and launch strategies.” IJARIIE 4( 3): 313-317.

Kwamega, M., Li, D., and Ntiamoah, E. (2015). “Role of Total Quality Management (TQM) as a Tool for Performance Measurement in Small and Medium Sized Enterprise (SME’S) in Ghana.” British Journal of Economics, Management and Trade 10 (3): 1-10.

Leklersin, S. (2017). Management of Local Administrative Organizations in Central Province. Nonthaburi: Ratchaphruek University.

Malasit , S. (2005). Operations management. Bangkok: Chulalongkorn University.

Milovanovic, V. (2014). “Total Quality Management as a Profitability Factor in the Hotel Industry.” Industrija 42 (3): 115-127.

Nekoueizadh, S. and Esmaeili, S. (2013). “A study of the impact of TQM on organizational performance of the Telecommunication Industry in Iran.” European Online Journal of Natural and Social Sciences 2 (3): 968-978.

Neyestani, B. and Juanzon, J. (2016). “Developing an Appropriate Performance Measurement Framework for Total Quality Management in Construction, and other Industries.” IRA-International Journal of Technology and Engineering 5 (2): 32-44.

Nguyen, A., Pham, C., and Pham, L. (2016). “Total Quality Management and Financial Performance of Construction Companies in Ha Noi.” International Journal of Financial Research 7 (3): 41-53.

Njeru, W., Awino, Z., and Adwet, K. (2017). “Strategy Implementation: Mckinsey’s 7s Framework Configuration and Performance of Large Supermarkets In Nairobi, Kenya.” Archives of Business Research 5 (6): 1-17.

Parul, K. and Rubal, K. (2016). “Total Quality Management is an Important Factor in Today’s Business World.” IOSR Journal of Business and Management 18 (6): 84-88.

Pathomsirikul, Y.(2011). “Health service marketing strategies of private hospitals in Thailand” Master of Thesis . University of Eastern Asia.

Philip B. Crosby (1979). Quality is Free: The Art of Making Quality Certain. McGraw-Hill.

Pokorna, J., and Castek, O. (2013). How to measure organizational performance in search for factors of competitiveness. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis,LXI (2), 451–461.

Pothiyadath, R., and Wesley, J. R. (2014). Developing a Measurement Scale for 7-S Framework. IOSR Journal of Business and Management, 16(1), 14-16.

Quintana-García, C. y Marchante-Larab, M. (2014). Total quality management, corporate social responsibility and performance in the hotel industry. Journal of Hospitality Management, Volume 41, August 2014, Pages 77-87.

Ranya.Academy. (2014). Why does a business need a business strategy? . [online]. https://www.facebook.com/Ranya.Academy/photos/a.465099630218453.106221.46093. [6 March 2020]

Ravanfar, M. M. (2015). Analyzing Organizational Structure based on 7s model of McKinsey. Global Journal of Management and Research: A Administration and Management, 15(10),6-12.

Robert A. Pitts and David Lei (2000). Strategic Management: Building and Sustaining Competitive Advantage. South-Western College Pub.

Sammaphan, N. (1999). Management strategies in the 3 worlds of business for success. Bangkok: Expernet.

Sanguanwongwan, W. (2017). Strategic management and business policy. Bangkok: Top.

Sintrakarnphol, N. (2013). On Strategy. (2nded). Bangkok: SE-EDUCATION.

Stephen P. Robbins and Mary Coulter (1999). Management. Prentice Hall International.

Tari, J., Molina, J., and Castejon, J. (2007). “The relationship between quality management practices and their effects on quality outcomes.” European Journal of Operations Research 183: 483-501.

Thailand Productivity Institute. (2007). National Quality Award Criteria for Excellent Organizations 2007. Bangkok: Jirawat express CO., LTD.

Thailandindustry. (2011). BRIC The new power in the world economy. [Online]. http://www.thailandindustry.com/news/view.php?id=12814andsection=29andrcount=Y. [25 March 2012]

Thomas L Wheelen and J. David Hunger (2004). Cases in Strategic Management and Business Policy, 9th Edition. Upper Saddle River, NJ. : Pearson Prentice Hall, c2004.

Yeandle, J., Fawkes, L., Carter, C., Gordon, C., and Challis, E. (2015). Organisational effectiveness and personality disorder. Mental Health Review Journal , 20(2), 84–91.

Downloads

Published

2021-12-12

How to Cite

Meesangpunt, M. ., Sangthongluan, C. ., Holumyong, T. ., & Yodsuranh, S. . (2021). The development of Quality Management Strategies of Cosmeceuticals industry Company. Journal of Research and Development Institute Rajabhat Maha Sarakham University, 8(2), 607–630. Retrieved from https://so03.tci-thaijo.org/index.php/rdirmu/article/view/251364

Issue

Section

Research Articles