In a bid to further promote competitiveness and long-term sustainability across Government-Owned and -Controlled Corporations (GOCCs), the Department of Trade and Industry (DTI) and the Governance Commission for GOCCs (GCG) entered into a partnership through the signing of a memorandum of understanding (MOU) for the promotion of the Philippine Quality Award (PQA) Program in the sector.
Through this collaboration which comes into immediate effect, DTI and GCG will join hand-in-hand in conducting PQA orientation and training programs, developing an incentive program, and creating necessary PQA supplemental programs for the continuing development and improvement of GOCCs.
DTI Secretary Ramon Lopez highlighted that the MOU commits both institutions to work together in ensuring that GOCCs will maximize their potential to achieve growth and profitability and be future-ready.
“This is significant as the business landscape has been changing.”
“This is significant as the business landscape has been changing with the fourth industrial revolution and the economic effects of COVID-19 rippling across every industry worldwide,” Lopez said.
“The PQA encourages organizations to demonstrate creativity, adaptability, and flexibility.”
“Fortunately, the core values and concepts of PQA can serve as a guide for organizations to sustain and improve their operations despite the challenges that this pandemic has created. After all, the PQA encourages organizations to demonstrate creativity, adaptability, and flexibility in attaining objectives that promote crisis-ready performance,” the trade chief added.
In his message, GCG Chairman Samuel Dagpin, Jr. expressed confidence that the PQA, being the highest level of national recognition for exemplary organizational performance patterned after the Malcolm Baldrige National Quality Award of the United States, will reinforce positive reforms in achieving outstanding results in the GOCC sector.
“The PQA Program serves as an instrument that can further invigorate GOCCs to improve and strengthen their operations and their delivery of goods or services, to be at par with the international standards,” Dagpin stated.Share this article: