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Marchionne awarded Deming Cup

Columbia Business School’s W. Edwards Deming Center for Quality, Productivity and Competitiveness awarded Sergio Marchionne, Chairman and CEO of Chrysler Group LLC and CEO of Fiat S.p.A., with the Deming Cup at Columbia University’s Low Memorial Library in New York City on Wednesday, November 2.

The Deming Cup is an annual prize, awarded for the first time in 2010, recognizing world leaders who make outstanding contributions in operational excellence and foster continuous cultural improvements in their organization. The only previous recipient is Sam Palmisano, CEO of IBM.

The Deming Center was founded by Dr. William Edwards Deming shortly before his death in 1993. Deming was an American statistician, professor, author, lecturer and consultant best known for his work in Japan where he taught top management how to improve design, product quality, testing and sales through various methods, including the application of statistical methods. He is regarded as having had more impact upon Japanese manufacturing and business than any other individual not of Japanese heritage.

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