World Class Manufacturing: The Next Decade - Building Power, Strength and Value

World Class Manufacturing: The Next Decade - Building Power, Strength and Value

by RichardJ.Schonberger (Author)

Synopsis

Since the invention of double-entry bookkeeping, managers have judged a company's worth by sales and profits. Now Richard Schonberger exposes the fallacies of this timeless practice. Schonberger's pathbreaking new research reveals that, from 1950 to 1995, while "financials" dipped and soared repeatedly, industrial decline and ascendancy correlated perfectly with inventory turnover -- one of two key nonfinancial indicators and a bedrock measure, along with customer satisfaction, of a company's power, strength, and value. In this immensely readable book, he captures these new metrics -- the true predictions of future success -- in 16 customer-focused principles created from self-scored reports supplied by over 100 pioneering manufacturers in nine countries. Armed with new world-class benchmark data, Schonberger redefines excellence in terms of competence, capability, and customer-focused, employee-driven, data-based performance.

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Quantity

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More Information

Format: Hardcover
Pages: 288
Edition: First Edition
Publisher: The Free Press
Published: 03 Jun 1996

ISBN 10: 0684823039
ISBN 13: 9780684823034

Media Reviews
Eric Olsen Worldwide Manufacturing Education Manager, Hewlett Packard Components Group Dick Schonberger's call to manage the basics, watch the results, plays well in Hewlett Packard's environment where we believe people want to do a good job. Focusing on the right metrics at each level tells them what a good job is.