Remove Industry Remove Lean Production Remove Operations Remove Productivity
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Why Can’t U.S. Health Care Costs Be Cut in Half?

Harvard Business Review

After all, it’s been done in other industries, sometimes in less time (think computers or consumer electronics). Enter Henry Ford, who revolutionized the industry with his manufacturing innovations , lowering the price of cars from $2,000 in 1908 to just $260 by 1925 — an 87% reduction! But even with all the constraints, cutting U.S.

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A Brief History of the Ways Companies Compete

Harvard Business Review

This was the original purpose of forming corporations — to facilitate the production of products and services with the least amount of wasted time, materials, and labor. Many companies still compete this way and there continue to be successors to Taylorism, including business process reengineering and lean production.

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B-Schools Aren’t Bothering to Produce HR Experts

Harvard Business Review

companies were making progress on the operations front, but now they seem to have lost their way—and business schools are in a position to help set them right again. In the 1980s, our organizations learned a great deal about how to improve productivity, quality, and costs from Japanese practices. A few decades ago, U.S.

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Breaking the Death Grip of Legacy Technologies

Harvard Business Review

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. The Future of Operations. Organizations develop processes through repeated problem solving. Sponsored by GE Corporate.

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Why American Management Rules the World

Harvard Business Review

We have developed a tool to measure management practices across operational management, monitoring, targets, and people management. A key takeaway is that individual companies are not trapped by the national environments in which they operate — there are top performers in all countries surveyed. does not guarantee success.

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The Coherent Conglomerate

Harvard Business Review

2 in its market; he also insisted that every business provide value no competitor could match, and that they all should be able to gain leverage from GE's distinctive strength in complex, engineering-intensive industrial enterprises — or they wouldn't fit. GE has its strengths in the management of large-scale industries.

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What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

They ignore the realities of how global manufacturing now works — how it has evolved into a complex network of interlinked factories that together build many of the products sold today. Generally, what we see is the country where the final assembly of a product took place. automobile industry over the last five years.