High-speed management is used to competitive advantage by some of the most successful organizations in the world - General Electric; Toyota; ASEA, Brown, and Boveri; Motorola; Intel; and Matsushita. In these very successful companies fast cycle time or high-speed management translates into two important organizational capabilities. First, it creates a high level of performance that management can build into a firm's operating systems. More specifically, increases in effective communication are employed to eliminate bottlenecks, delays, and errors in production, cutting costs and improving quality. Second, high-speed management is an organizational strategy which continuously improves a firm's integration, coordination, and control systems. It transforms all of a firm's communication activities such as leadership, corporate climate, teamwork, worker and unit interfaces, process mapping, and outside linking processes into a more responsive customer adaptation system.BMW can now build customized cars, each with its customer preference in regard to motor size, transmission type, ... Before the plant was automated, labor accounted for almost 33.3 percent of manufacturing cost. Now it ... This service quickly generated as much profit from interest on credit as Sears earned from store sales.
|Title||:||Communication and High-Speed Management|
|Author||:||Donald P. Cushman|
|Publisher||:||SUNY Press - 1995-08-10|