Articles Week 2 Flashcards

1
Q

What are the key points in: Manufacturing - the missing link in corporate strategy

A
  • Don’t separate the corporate strategy from the manufacturing.
  • The decisions made by manufacturing influences if the company is able the withhold the strategy.
  • Top-down manufacturing
  • The cost and high efficiency are not the main objective in all production processes (for some companies it is of greater importance to have a flexible and fast production)
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2
Q

What are the key points in: Beyond World Class

A
  • A true manufacturing strategy is a plan for developing the skills and capabilities that will enable a company to do certain things better than competitors over the long haul.
  • Often companies apply some parts of an operations strategy but they fail when implementing it.
  • “Quick fix” - considered solutions to specific problems and not a whole philosophy → they overlook the power of these programs = the ability build new capabilities.
  • You cannot say that you have implemented lean, cause it is an ongoing process.
  • Vid investeringar - tänk på vad för capabilities som företaget utvecklar. - kan vara svårt att motivera investeringar i short-term.
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