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

How do we link strategic and operational change, 1. How do we link strategi...

1. How do we link strategic and operational change?  Answer: Hambrick and Cannella present a 5-step approach:  1. obtain broad inputs at the formulation stage  2. assess o

Explain what is the purpose of drug courts, What is the purpose of drug cou...

What is the purpose of drug courts? What do you think will be their future? Do you think drug courts are a good idea? Why or why not?

Explain marketers collect both primary and secondary data, Today's marketin...

Today's marketing research personnel have far greater access to both primary research tools as well as widely published and accessible secondary data. How has the Internet changed

Differentiation scheme that focuses on quality products, XYZ's Inc. Schedul...

XYZ's Inc. Scheduling System Started in Jacksonville, Indiana in 1983 at Mick's Lounge, where Papa John, John Schnatter, started a pizza delivery business within his father'

Explain what types of strategy should including in the plan, Imagine you ar...

Imagine you are creating a marketing plan for a company that will sell kites. As you consider the marketing program, what types of strategy should you consider including in the pla

Explain environmentally safe goods and why, Imagine you are a new product t...

Imagine you are a new product that sells for $1.25 an is environmentally safe. Would you spend thousands of dollars for Green Seal on your impulse product if ambivalent toward such

Explain transparency in communication a sure winner, Type your question her...

Type your question here is transparency in communication a sure winner, or could a manager have problems with it?

Poor industrial relations vs.a conditions for good ir, Explain causes of Po...

Explain causes of Poor Industrial Relations vs.a conditions for good IR. Insufficient fixation of wages and wage structure - There is a requirement for payment of fair wag

Difference among using an exact optimization technique, What is the differe...

What is the difference between using an exact optimization technique and a heuristic to solve a problem?

Economic order quantity, The Warehouse Company supplies spare parts for its...

The Warehouse Company supplies spare parts for its two plants, Plant A and PlantB. Plant A and Plant B do not have any significant storage space. Hence you want carryminimum possib

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