Productivity boundary and operating efficiencies, Operation Management

Assignment Help:

Productivity Boundary and Operating Efficiencies

In an alternative approach, Porter (1996) attempts to resolve the issue of trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Porter suggests that the experiences of a firm are determined by its relative position to the productivity frontier shown in this figure. Porter contends that strategic positioning means performing different activities from rivals or performing similar activities in different ways. Whereas operational effectiveness means performing similar activities better than rivals perform them. Porter makes two other observations regarding the productivity frontier. He argues that as companies approach the frontier they are more liable to experience trade-offs: at the frontier only trade-offs. He also contends that the frontier is a moving target which is shifted outwards by new innovations and management approaches. He claims that this model explains the behaviour of Japanese manufacturers in the 1980s. And show that they moved towards the productivity boundary by improving on several fronts at one time: cost, TQM, JIT, increased variety and increased product innovation.

317_Productivity Boundary and Operating Efficiencies.png


Related Discussions:- Productivity boundary and operating efficiencies

Public Administration, Is the city management form of government better tha...

Is the city management form of government better than the mayor and council form of government?

Explain democracy of goods, The concept of the "democracy of goods" means w...

The concept of the "democracy of goods" means what? 1. Fill in the blanks: By Mistake, someone left spaces unfilled in the status report below. a. Please complete the report

Explain what is the role of the osi network layer, What is the role of the ...

What is the role of the OSI network layer when you transfer information from one computer to another? Please do not just copy a ton of paragraphs from a website. I want a one pa

How the expected time estimate is calculated in pert, How the expected time...

How the expected time estimate is calculated in PERT ? In PERT the expected time estimate is computed on the basis of Beta distribution of time estimates.

Sink and tuttle strategic matrix - performance measures, Sink and Tuttle st...

Sink and Tuttle strategic matrix  Sink and Tuttle (1989) conducted a review of literature and identified several criteria for measuring a company. Their framework builds on th

Cheapest car rental rents cars why getting loses, Cheapest Car Rental rents...

Cheapest Car Rental rents cars at the Chicago airport. The car rental market consists of two segments: the short term segment, which rents for an average of .5 weeks, and the mediu

Explain efficiency advantages of a new technology, Consider this scenario: ...

Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages of a new technolo

MBA 2ND SEM, Q3. What do you understand by “line balancing”? What happens i...

Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?

Describe the rational you used for determining the factors, Select an indus...

Select an industry. Using the Porter's Five Forces of Competition, illustrate the forces to the industry you selected. Explain the rational you used for determining the necessary f

How a company is most efficient in its use of credit, Step 1: Pick an indus...

Step 1: Pick an industry that you find interesting. This may be driven by a company by which you would like to be employed or by some other factor. Within the industry, identify th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd