Concept of trade off in business strategy, Operation Management

Concept of Trade off in Business Strategy

The trade-off concept was first introduced by Skinner (1969,1974) who carried out a large study of successful American manufacturing firms. His findings indicated that a common feature of successful firms was that their operations had limited sets of objectives, which were consistent with the business strategies, focusing on the selected order winners. Specifically, he found that successful operations had consistent market demands, consistent product volumes, consistent manufacturing tasks and consistent quality requirements. Further, such operations typically limited their span of process to only a small number of core operations.

He recommended that each factory should be arranged to focus on a range of products which have the same order winners. In larger factories, with wide product ranges, the operations should be physically and organisationally arranged into separate plants-within-plant, each being devoted to a subset of products with the same order winning criteria.

Posted Date: 3/18/2013 2:18:39 AM | Location : United States







Related Discussions:- Concept of trade off in business strategy, Assignment Help, Ask Question on Concept of trade off in business strategy, Get Answer, Expert's Help, Concept of trade off in business strategy Discussions

Write discussion on Concept of trade off in business strategy
Your posts are moderated
Related Questions
Sarahs house caught on fire. Sarah called her neighbour, Odessa, and asked her to help put the fire out. Sarah promised to pay Odessa, $1000. Through the prompt assistance of her n

what do you mean by "line balancing''? what happens if balance doesn''t exist?

Why it is important for marketers to fully understand today's consumer behavior? Explain the factors that influence consumer's buying behavior. Provide at least one or two examples

Definition of a Project •Analyze how project management supports the concept of strategic planning.

Hard Change Initiatives - Linking Strategic 1. Total quality management (TQM)/ISO 9000  2. Enterprise resource planning (ERP)/material requirements planning; manufacturing

I am having a issue getting my book to load it says its loading but no matter how long it sits nothing happens.

Define the following in your own words, do not copy and paste, won't give points for that Lifestyle Entrepreneur Serial Entrepreneur Classic Entrepreneur

Symbols, stories, and heroes are important because they ------------------------ entertain executive level management. Address the concerns of government. Acquaint customers to the

The OM module is assessed by an individual written report that deals with the application of one or more aspects of the theory taught on the course in the context of an organisatio

Compile a list of major system life-cycle activities. For each activity on the list, try to find the related supply chain activities. Present your finding in a table with the syste