The Deming Prize was instituted in 1951 to honor W. Edwards Deming's contribution to quality development in Japan. There are individual Deming Prizes and Deming Prizes to different kinds of companies. In 1984 the prize committee decided to open the Deming prize to companies outside Japan too and created "The Deming Application Prize for Oversea Companies" which was announced for the first time in 1987. Altogether the following prizes exist:
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Checklist for the Deming Application Prize:
- Policy
- Organization and its management
- Education and dissemination
- Collection, dissemination and use of information on quality
- Analysis
- Standardization
- Control
- Quality assurance
- Results
- Planning for the future.
The Deming Prize has been of great importance to quality development in Japan. The mere fact that the prize has been applied for is regarded as an excellent means of further increasing the quality level of a company which is already working on quality improvements. The application works as an accelerator of the improvement effort. Every company applying for the prize receives judgements and recommendations from the jury. These are of course also an important part of the subsequent quality work. The experiences and improvement programs of the award-winning companies also have an impact on other companies.
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