Posted by Harry Hertz, the Baldrige Cheermudgeon
I have previously reported about revenue and jobs growth for the five businesses that are two-time Baldrige Award winners. I also shared the comparative job growth data for the matched time periods and industries of those winners. In 2012 we added a sixth two-time recipient of the Baldrige Award, MESA Products Inc.
This week, a major focus of the President’s State-of-the Union address was growing U.S. jobs. With our sixth two-time recipient being a small U.S.-based manufacturer, it was natural to look at MESA’s job and revenue growth between wins and add the data to our summary, recognizing that their period between wins (2006-2012) was marked by tough economic times.
To refresh memories, the previously reported data for two-time Baldrige winners: median growth in revenue was 93%, and median growth in jobs was 63%. And the comparative average growth in jobs for the matched industries and time periods was 3.2%. Adding MESA and the current time period, the median growth in revenue is 92.5% and the median growth in jobs is 65.5%. And the comparative average growth in jobs for the matched industries and time periods is now 2.5%.
Baldrige Award recipients continue to be role models for the United States!