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

Explain which dimensions are presented in morgans model, Which three dimens...

Which three dimensions are presented in Morgan's model of IHRM? a) Types of employees, countries and industries b) Types of employees, countries and HR activities c) Types

Explain the five elements of self-leadership, 1. Discuss the advantages and...

1. Discuss the advantages and disadvantages of the four reward objectives. 2. Identify several team and organizational level performance based rewards. 3. Describe five ways

Compare human assets versus other organizational assets, The primary issue ...

The primary issue is that people want to be challenged. People want to be challenged, at least initially, in terms of their Assignments. They also want to be continuously challenge

Define manager can ever give up responsibility for an action, The about whe...

The about whether or not a manager can ever give up responsibility for an action to someone who reports to them as opposed to another manager at their level? And Why?

Describe why it is both a business pressure, Explain why IT is both a busin...

Explain why IT is both a business pressure and an enabler of response activities that counter business pressures?

Assignment, propose process improvement, and justify your reasons for the i...

propose process improvement, and justify your reasons for the improvements, to the flowchart for answering calls

Explain what is controlling, Explain what is Controlling. Controlling i...

Explain what is Controlling. Controlling is defined as which managerial function that seeks to ensure an absolute conformity of actual performance through organizational person

Upper and lower control limits, Clerks at Lotsa Data Systems key in thousan...

Clerks at Lotsa Data Systems key in thousands of insurance records each day for a variety of client firms.  The process is in control but CEO Donna Lotsa wants to be sure that at

Describe the aspects of total quality management, Discuss the aspects of To...

Discuss the aspects of Total Quality Management (TQM) and how they apply in service- and product-based businesses.

Relationship among analysis and planning and implementation, Analyze the re...

Analyze the relationship between analysis, planning, implementation, and control. Provide an example of a product or service that flows through this relationship. Break down the pr

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