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Lecture 2 Competitiveness, Strategy, and Productivity
Lecture to competitiveness, strategy and productivity
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So the first is competitiveness and strategy
and then productivity
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Shunta discovered he did not have the key to the box and it was back at
the office
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Shunta was held up as a hero and his story was actually told in Hr meetings for new
employee new employee orientation
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So an order
qualifier is the minimum
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Winners are Okay out of the
companies
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internal factors identify
your strengths and weaknesses? What are your human resources, What facilities
and equipment do you have and what about your suppliers? Who 's giving you
things that that that supply and then there 's other internal factors operation
strategy
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One is you might have a poor quality reputation and you 're trying
to overcome it
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Japanese cars were
considered poor quality
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Another
reason for this is cost reduction so there 's timebased strategies so you want to
accomplish tasks faster so reducing time you can sometimes have higher
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productivity measures are useful for tracking your performance over
time, and you can also compare your productivity with other in other groups in
your industry or other countries
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high productivity is
linked to higher standards of living so as an economy has fewer manufacturing jobs
with lower productivity it 's more difficult to replumb ai n't Ai
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So one useful measure related to
productivity is processed yield
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What kind of management do you have that can aff ect productivity
technology and then capital
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So efficiency is a narrower contact concept and it's getting the most out
of a fixed set of resources
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management supports and encourages productivity and

improvement
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