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Financial Report 2010 Income Statement Copyright © 2002 rtdonline.com, Rene T. Domingo,

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Presentation on theme: "Financial Report 2010 Income Statement Copyright © 2002 rtdonline.com, Rene T. Domingo,"— Presentation transcript:

1 Financial Report 2010 Income Statement Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

2 what the CEO wants what systems engineering thought the CEO wanted what manufacturing wanted engineering to do what finance finally approved what the supervisor actually requisitioned what the user really wanted Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

3 IS THE CUSTOMER WRONG? THE CUSTOMER IS ALWAYS RIGHT no yes Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

4 COMPANY PERCEPTION OF QUALITY CUSTOMER EXPECTATION OF QUALITY COMPANY PERCEPTION OF QUALITY CUSTOMER EXPECTATION OF QUALITY Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

5 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

6 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

7 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

8 SUPPLIER MANUFACTURER RETAILER CUSTOMER Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

9 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

10 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

11 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

12 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

13 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

14 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

15 OPPORTUNITY SHAREOFMARKET PROFITS BUYERS LEVERAGE SALES MONEY What entrepreneurs see in problems Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

16 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

17 QUALITY DRIVEN STRATEGY QUALITY-PROFIT LINK HIGHER QUALITY LOWER COSTS FASTER DELIVERY LOWER PRICE HIGHER PROFITS HIGHER SALES Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

18 A dissatisfied customer will e-mail ten thousand of his friends about his experience (in 30 seconds). A dissatisfied customer will tell ten of his friends about his experience. Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

19 NEW (2025) MBA FIRST YEAR CORE COURSES customer delight 3 units intrepreneurship 3 units enhancing stakeholder value 6 units product life cycle analysis 3 units enterprise resource planning 3 units people empowerment 6 units CURRENT MBA FIRST YEAR CORE COURSES marketing management 6 units financial management 6 units operations management 6 units organizational management 6 units Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

20 Higher profits Higher sales Repeat & satisfied customers Lower costs Motivated employees Less defects & wastes Faster deliveries Lower inventories Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

21 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

22 + Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

23 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

24 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

25 RESTAURANT SIGN Pick two only GOOD CHEAP FAST Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

26 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

27 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

28 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

29 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

30 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

31 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

32 Who is better? TARGETACTUAL VARIANCE ACTUAL A 100 95 5 97 B 75 0 Next period Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

33 LOW VARIETY HIGH VARIETY LOW VOLUME HIGH VOLUME Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

34 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

35 The J-Curve crisis stabilization recovery growth turnaround breakthrough turnaround management Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

36 The J-Curve firefighting late turnaround management irreversible decline firefighting Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

37 PHASES OF TURNAROUND 123456789101112 STABILIZATION REORGANIZATION ENTREPRENEURSHIP OPERATIONAL IMPROVEMENT Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

38 marketing myopia core competence overdiversification Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

39 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

40 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

41 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

42 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

43 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

44 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

45 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

46 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

47 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com

48 Copyright © 2002 rtdonline.com, Rene T. Domingo, rtd@rtdonline.com


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