M Management A Achievement S Skill T Talent E Energy R Respect S Strategy.

Slides:



Advertisements
Similar presentations
In this era of globalization and free trade, the world we live in is changing really fast with new structures, technologies, business processes, leadership.
Advertisements

In 2009 the world changed. Did your business make the change?
Personal Finance and Career Opportunities
Does work organization vary with ownership (for-profit vs. non-profit)? DONNA BAINES, PHD MCMASTER UNIVERSITY, HAMILTON, CANADA.
Managing Behavior In Organizations
Entrepreneurship Taking a good idea … … to the “next level”
1 Chapter 12 Strategic Entrepreneurship PART IV MONITORING AND CREATING ENTREPRENEURIAL OPPORTUNITIES.
Pearson Education Ltd. Naki Kouyioumtzis
Business-Level Strategy: How do we compete? Business-Level Strategy: How do we compete?
1 GETTING STARTED WITH ASSESSMENT Barbara Pennipede Associate Director of Assessment Office of Planning, Assessment and Research Office of Planning, Assessment.
Continuous Improvement Frances Jørgensen
THE UNITED STATES: evidence of relative economic failure and decline in economic competitiveness n Example – John Agnew, The United States.
Kaizen – Just Do It! Kaizen means continuous improvement.
© 2006 Prentice Hall Leadership in Organizations 12-1 Chapter 12 Strategic Leadership by Executives.
Motivation.
Features of New Economy
A Comparison of American and Japanese Styles of Management Masaaki Livai in Total Quality Handbook, 1990 by G. Dixon and J. Swiler.
© Nigel Slack, Stuart Chambers & Robert Johnston, 2004 Operations Management, 4E: Chapter Operations Improvement Chapter coverage: Measuring and.
Introduction Getting employees' ideas and getting their involvement is critical in our rapidly changing world. If your company is going to be competitive,
Effective Performance Based Reward Practices GETTING WHAT YOU PAY FOR.
Innovative Products Homer Stryker, M.D. and Wedge Turning Frame Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.
BBB4M CHAPTER 3.
MANAGEMENT OF OPERATIONS METHODS OF PRODUCTION. LEARNING INTENTIONS AND SUCCESS CRITERIA LEARNING INTENTIONS: I understand the different production methods.
Introduction to Human Resource Management.
Unit 4 - Personal Finance & Career Opportunities SOL - CE.14.
WHAT IS THE NATURE OF INNOVATION? ASK THOSE WHO USE IT Petrusheva Evgenya, group 688 Language supervisor – Nedogibchenko M.
1 Management Consultancy People Scope. 2 Management Consultancy Our ROLE involves working with organizations in all sectors to improve their performance.
Lean Production. Content Cell production Just In Time (JIT) Time-based management Continuous improvement Lean production and human resources.
Sequence IntroPurpose Elements of Org Org Model McGregor’s Theory Japanese OB Conclusion.
Competing For Advantage Part IV – Monitoring and Creating Entrepreneurial Opportunities Chapter 12 – Strategic Entrepreneurship.
IRWI N Pay for Individual Contributions ©a Times Mirror Higher Education Group, Inc., company, 1997 © Nancy Brown Johnson, 1999.
1 Innovation Strategy By Tarek Hussein President, Academy of Scientific Research and Technology.
1 Part I: Vision Chapter 2: Leading Strategically.
Educational Assistance Funding Partnerships May 28, 2012.
Prices Chapter 6.
Strategic Entrepreneurship
Kaizen Basics Quality Engineering and Quality Management 1 © University of Wisconsin-Madison.
Economic Systems. What is an economic system? An organized way of providing for the wants and needs of the people. An organized way of providing for the.
Unit 11 Perekayasaan Semula (Reengineering) dan Kaizen.
Strategic Entrepreneurship
PowerPoint Presentation by Charlie Cook The University of West Alabama 16 © 2010 South-Western, a part of Cengage Learning All rights reserved.
STRATEGIC FOCUS AND COMPETITIVE ADVANTAGES. STRATEGIC PLANNING: EVALUATE THE ENVIRONMENT: SWOT ANALYSIS SWOT Analysis Assessment of Organization’s Internal.
SELF MANAGED TEAMS. A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering.
Enhancing Skills in the Eastern Caribbean Andreas Blom, Education Economist, World Bank, St. Lucia May 17, 2006.
JUNE 23, AGENDA  Welcome, Introductions, and Project Overview  Review/Refine Targets of Opportunity  Next Steps: Employer Consultations  Adjourn.
OPERATIONS MEETING SHORELINE COMMUNITY COLLEGE AUGUST 6, 2007 Presenter: Berta Lloyd, Dean Workforce Education WORKFORCE INNOVATIONS CONFERENCE:BEYOND.
6 th EMN Conference Microfinance and its Growth in Europe: Consequences, challenges, opportunities Workshop: “How to manage the growth of your staff?”
Meaning of HRM Importance of HRM Objectives and Functions Role of HRM Duties and responsibilities of hrm Typical organization set up.
 All societies have an economic system or a way of providing for the wants and needs of their people.  An Economic Systems function is to produce and.
©2004 by South-Western/Thomson Learning 1 Strategic Entrepreneurship Robert E. Hoskisson Michael A. Hitt R. Duane Ireland Chapter 12.
© 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
Young Change Makers. Want Perfect Education? Educational institutes must create and sustain a highly educated and innovative workforce and the capacity.
Prices Chapter 6. Price The monetary value of a product as established by supply and demand Signals: High prices: producers to produce more and for buyers.
Strategies in Action Chapter 7. Integration Strategies  Forward integration  involves gaining ownership or increased control over distributors or retailers.
Quality Improvement Strategies
©2004 by South-Western/Thomson Learning 1 Strategic Entrepreneurship Robert E. Hoskisson Michael A. Hitt R. Duane Ireland Chapter 12.
COMPENSATION AND JOB EVALUATION OBJECTIVES Understand the Factors that Play a Role in Compensation Decisions Evaluate Jobs for Determining Compensation.
ECONOMIC UNDERSTANDING Factors that Influence Economic Growth; Human Capital & Capital (India, China, and Japan) Standard SS7E10:
Lecture 6 MBF2213 | Operations Management
Chapter 9 Engagement, Empowerment, and Motivation
Quality Engineering and Quality Management
10 CHARACTERISTICS of WORLD CLASS COMPANY (Tom Peters)
COMPENSATION MANAGEMENT
Kaizen – Just Do It! Kaizen means continuous improvement.
Perekayasaan Semula (Reengineering) dan Kaizen
CHAPTER 13 Strategic Entrepreneurship
Starter Activity Complete the worksheet provided by your teacher!
Application of new TQM framework
Goal of advanced manufacturing is to maximize profit.
Motivation.
Presentation transcript:

M Management A Achievement S Skill T Talent E Energy R Respect S Strategy

25 Years Later  Yamada said, 'You know, the plant was exactly the same as it had been 25 years ago.‘ In U.S

25 Years Later In Japan

 Abrupt  Gradual While we can easily observe both gradual and abrupt changes in Japan, gradual change is not so obvious a part of the Western way of life.

 Going improvement involving everyone  Our way of life deserves to be constantly improved

TQC Zero Defect QC Kaizen Suggest ion System Lift Time Employ ment Seniori ty- based Wages

 Maintenance: Maintaining current technological managerial & operating standards  Improvement: improving current standards

Improvement Kaizen: Small Improvement Innovation: Drastic Improvement

 Employee Involvement  Employee Assessment  Recognition & Reward  Competition among employees  Standardization  One of the features of the Japanese workers is that they use their brains as well as their hands  In 1,500,000x95%1,425,000=

Great-leap forward GradualistProgress InnovationKaizen

Spark Conventional Knowledge & state of the art Technological break-through, new inventions, new theories Effect Long term & long lasting but subtleShort term but dramatic Time Frame Continuous process & incrementalOne-shot Phenomenon Practical Requirement Requires little investment but great effort to maintain it Requires large investment but little effort to maintain it Pace Small StepsBig Steps Involvement EverybodySelect few champions Evaluation Criteria Process & efforts for better resultsResults & profits Advantage Works well in slow-growth economy Better suited for fast growth economy Keizen Innovation One of Parkinson’s laws is that an organization, begins it's decline as soon as it has built it edifice.

 Technology  Finance  Result Orientation:  “I don’t Care what You do or how you do it, I want the results, & NOW!!!!!”