Deming Prize

business award

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June 25, 2026

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The Deming Prize is a business award established in 1951 in Japan, named in honor of W. Edwards Deming. Deming was an American statistician and management theorist whose advocacy of quality-control methods significantly aided Japan's post-World War II economic recovery and the subsequent global success of many Japanese firms.12

The prize is awarded annually to Japanese corporations that excel in a rigorous quality-control competition. Deming's quality-control methods involve systematically tallying product defects, identifying their causes, and tracking the effects of corrections on product quality. These principles form the basis of Total Quality Management (TQM), a set of management practices designed to improve organizational processes.12

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W. Edwards Deming
The Deming Prize (established 1951), awarded annually to Japanese corporations that win a rigorous quality-control competition, is named in Deming’s honour. It was not until the 1980s that Deming’s ideas were adopted by American corporations seeking to compete more effectively in the world market.
Read More
The Deming Prize (established 1951), awarded annually to Japanese corporations that win a rigorous quality-control competition, is named in Deming’s honour. It was not until the 1980s that Deming’s ideas were adopted by American corporations seeking to compete more effectively in the world market.
Read More