WASHINGTON, D.C. – 09 February 2023: Adani Enterprises Ltd. (AEL), the flagship company of the Adani Group, India’s largest and fastest-growing portfolio of diversified businesses, became the tenth global and newest member of the Mac Baldrige Society, the Trustees of the Baldrige Foundation’s Institute for Performance Excellence.
“The Foundation established the Institute for Performance Excellence in June 2020,” said Al Faber, President and CEO of the Baldrige Foundation, “to be a thought leader on performance excellence, leadership, and management."
“The Mac Baldrige Society, limited to 20 elite members,” continued Faber, “are the Trustees of the Institute which, by their commitment, demonstrate, they and their organizations recognize the importance of the Baldrige Foundation's mission: to promote organizational performance excellence in the United States and throughout the world by supporting the Baldrige Program.”
Under the visionary leadership of Mr. Gautam Adani, the Adani Group has witnessed unprecedented growth and has consolidated its position as India’s leading diversified business portfolio. The Group aligns its operational framework and leadership with its core philosophy of 'Nation Building' and 'Growth with Goodness' – a guiding principle for sustainable growth. The Group is committed to protecting the environment and improving communities through its CSR programs based on the principles of sustainability, diversity, and shared values.
The Group has a market-leading presence in natural resources, cement, data centers, power generation, transmission and distribution, renewable energy, gas and electric utilities, agro-business (commodities, edible oil, food products, cold storage, and grain silos), public transport infrastructure, logistics (seaports, airports, shipping, and rail), real estate, consumer finance, media, and defense.
“The time has come to demonstrate and deeply institutionalize a culture of Business Excellence that covers all our businesses, as well as all our corporate functions. This is the most effective way to demonstrate benchmark performance and consolidate a strong foundation on which our enterprise can continue to achieve higher scales of performance and create high levels of stakeholder value on a sustainable basis.” said Mr. Gautam Adani. “Our pledge to join Mac Baldrige Society demonstrates the Group’s commitment to integrate the Baldrige criteria for performance excellence in each aspect of business management and deliver long-term value to all stakeholders.”
The Adani Group adopted the Baldrige criteria in 2020 and built a comprehensive business excellence ecosystem governed by its APEX council. Within a short span of two years, several thousands of its employees have been trained in continuous improvement techniques and have received national and international recognition. “The Adani Group’s Business Verticals are consistently benchmarking to be the best-in-class and are pursuing disciplined growth using the Adani Business Excellence Model (ABEM) based on the Baldrige criteria,” said Mr. Anil Sardana, Adani Group Service Head – Business Excellence. The Group is now being seen as an emerging global thought leader and wants to be more proactive and nimbler in their all-round adoption of benchmark performance practices.
“The Institute Trustees,” said Faber, “are making a commitment to preserve and promote the Baldrige Framework and to help ensure that Baldrige remains relevant for future generations of organizations across all sectors of the economy. We are grateful for their support.”
About The Foundation for the Malcolm Baldrige National Quality Award, Inc.
The Baldrige Foundation was created as the private partner to the Baldrige Performance Excellence Program in 1988. Its mission is to ensure the long-term financial viability of the Baldrige Performance Excellence Program and to support organizational performance excellence throughout the United States and the world. The Baldrige Program, located at NIST within the U.S. Department of Commerce, is a separate entity and is solely responsible for managing and administering the Malcolm Baldrige National Quality Award. For more information on the Baldrige Award process please visit: https://www.nist.gov/baldrige/baldrige-award.
About Adani Enterprises Ltd
Adani Enterprises Limited (AEL) is the flagship company of the Adani Group. Over the years, AEL has focused on incubating new businesses, contributing to nation-building and divesting them into separate listed entities. Having successfully built unicorns like Adani Ports & SEZ, Adani Transmission, Adani Power, Adani Green Energy, Adani Total Gas and Adani Wilmar, the company has contributed significantly to make the country self-reliant with its portfolio of robust businesses. The next generation of its strategic business investments is centered on sustainable infrastructure that has significant scope for value unlocking. For further information: https://www.adanienterprises.com/ For media queries, please contact: Roy Paul | roy.paul@adani.com
