The Balanced Scorecard
The Balanced Scorecard

Author: Robert S. Kaplan

Publisher: Harvard Business Press

Published: 1996

Total Pages: 348

ISBN-13: 9780875846514

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Here is the book - by the recognized architects of the Balanced Scorecard - that shows how managers can use this revolutionary tool to mobilize their people to fulfill the company's mission. More than just a measurement system, the Balanced Scorecard is a management system that can channel the energies, abilities, and specific knowledge held by people throughout the organization toward achieving long-term strategic goals. Kaplan and Norton demonstrate how senior executives in industries such as banking, oil, insurance, and retailing are using the Balanced Scorecard both to guide current performance and to target future performance. They show how to use measures in four categories - financial performance, customer knowledge, internal business processes, and learning and growth - to align individual, organizational, and cross-departmental initiatives and to identify entirely new processes for meeting customer and shareholder objectives. The authors also reveal how to use the Balanced Scorecard as a robust learning system for testing, gaining feedback on, and updating the organization's strategy. Finally, they walk through the steps that managers in any company can use to build their own Balanced Scorecard. The Balanced Scorecard provides the management system for companies to invest in the long term - in customers, in employees, in new product development, and in systems - rather than managing the bottom line to pump up short-term earnings. It will change the way you measure and manage your business.

Economic and Financial Justification of Advanced Manufacturing Technologies
Economic and Financial Justification of Advanced Manufacturing Technologies

Author: Hamid R. Parsaei

Publisher: Elsevier

Published: 2013-10-22

Total Pages: 320

ISBN-13: 1483291359

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Competence in investment analysis is now a basic requirement for most practicing managers, engineers, and financial analysts in order to avoid possible serious mistakes arising from flawed or inadequate knowledge of the discipline. Furthermore, individuals who make decisions based on technical economics stake their professional futures, in many cases, on the accuracy of such evaluations. The aim of this volume is to provide a balanced view of the essential components of economic and financial analysis including: 1. Strategic and design issues; 2. Principles of cost management systems and activity-based costing, and; 3. Tools for developing the financial measures of investment worth, with advanced topics and case studies in these three areas.This volume provides a refreshing insight into the various methods that engineers, managers, and financial analysts may need to consider to find good alternatives for the investment of scarce resources. Not only are new ventures presented, but also improvements within existing facilities that include process modification, product design, equipment replacement, and plant expansion/contraction.

Advanced Manufacturing
Advanced Manufacturing

Author: William B. Bonvillian

Publisher: MIT Press

Published: 2018-01-12

Total Pages: 417

ISBN-13: 0262037033

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How to rethink innovation and revitalize America's declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process. The United States lost almost one-third of its manufacturing jobs between 2000 and 2010. As higher-paying manufacturing jobs are replaced by lower-paying service jobs, income inequality has been approaching third world levels. In particular, between 1990 and 2013, the median income of men without high school diplomas fell by an astonishing 20% between 1990 and 2013, and that of men with high school diplomas or some college fell by a painful 13%. Innovation has been left largely to software and IT startups, and increasingly U.S. firms operate on a system of “innovate here/produce there,” leaving the manufacturing sector behind. In this book, William Bonvillian and Peter Singer explore how to rethink innovation and revitalize America's declining manufacturing sector. They argue that advanced manufacturing, which employs such innovative technologies as 3-D printing, advanced material, photonics, and robotics in the production process, is the key. Bonvillian and Singer discuss transformative new production paradigms that could drive up efficiency and drive down costs, describe the new processes and business models that must accompany them, and explore alternative funding methods for startups that must manufacture. They examine the varied attitudes of mainstream economics toward manufacturing, the post-Great Recession policy focus on advanced manufacturing, and lessons from the new advanced manufacturing institutes. They consider the problem of “startup scaleup,” possible new models for training workers, and the role of manufacturing in addressing “secular stagnation” in innovation, growth, the middle classes, productivity rates, and related investment. As recent political turmoil shows, the stakes could not be higher.

The Ernst & Young Guide to Total Cost Management
The Ernst & Young Guide to Total Cost Management

Author: Ernst & Young LLP

Publisher: John Wiley & Sons

Published: 1992-08-04

Total Pages: 352

ISBN-13: 9780471558774

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With the use of non-technical language it enables readers to understand the underlying dynamics of cost in order to facilitate effective decisions regarding products and services, workflows, capital investments and day-to-day monitoring of their business. Combining customer's needs and reactions with the financial awareness of a company's strengths and weaknesses, it ties into all current, major business concerns, including environmental awareness and international competitiveness. Features case studies, checklists and self-assessment techniques that will aid readers in initiating a total cost management program.

Cost Management
Cost Management

Author: Leslie G. Eldenburg

Publisher: John Wiley & Sons

Published: 2016-03-28

Total Pages: 948

ISBN-13: 1119185696

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Cost Management: Measuring, Monitoring, and Motivating Performance, Third Canadian Edition was written to help students learn to appropriately apply cost accounting methods in a variety of organizational settings. To achieve this goal, students must also develop professional competencies, such as strategic/critical thinking, risk analysis, decision making, ethical reasoning and communication. This is in line with the CPA curriculum and the content of this edition and the problem materials is mapped to the CPA. Many students fail to recognize the assumptions, limitations, behavioural implications, and qualitative factors that influence managerial decision making. The textbook is written in an engaging step-by-step style that is accessible to students. The authors are proactive about addressing the challenges that instructors and students face in their teaching and learning endeavors. They utilize features such as realistic examples, real ethical dilemmas, self-study problems and unique problem material structured to encourage students to think about accounting problems and problem-solving more complexly.

Advances In Manufacturing Technology VIII
Advances In Manufacturing Technology VIII

Author: K Case

Publisher: CRC Press

Published: 2004-01-14

Total Pages: 880

ISBN-13: 0203211618

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This volume comprises the Proceedings of the Tenth National Conference on Manufacturing Research held at the University of Technology, Loughborough, UK, in September 1994, the latest in a series of meetings first convened in 1985, and the first to be published by Taylor & Francis Ltd.; Keith Case and Steven Newman, the Conference Chairs, the book contains R. H. Weston's keynote address, "Requirements and Trends in Manufacturing Systems", and over 140 contributions, which together represent the leading edge, state-of-the-art knowledge in the area of manufacturing and production engineering and management. The contributions are organized by theme: process planning; systems integration and modelling; simulation and scheduling; concurrent engineering and design; process control; and inspection; and thus demonstrate the enormous range of topics that manufacturing research embraces and their relevance to improving current industrial practice.