|
Long ago, a wise and profound person coined the phrase you can't manage what you don't measure. Although I suspect I heard that phrase even before I studied work measurement at Georgia Tech, I think about this simple principle now more than ever.
For many operations managers, pre-2001 challenges often involved balancing the competing forces of growth against a lean supply of labor. As economic conditions took a dive during the past four years, however, the challenge quickly turned to one of managing costs downward against shrinking volumes. Too many companies paid a painful price for not being prepared with the capability to meet this challenge.
To immediately read the rest of this TPG whitepaper, please fill in the form at the right.
ABOUT THE AUTHOR
James M. Apple, Jr. is a Director in The Progress Group. Prior to co-founding The Progress Group in 1991, he was a Partner with Coopers & Lybrand's SysteCon division. During 1992-1995 he served as a Senior Systems Advisor with Vanderlande Industries, a major conveyor and systems provider in Europe.
|