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Competitive Advantage from the Bottom of the Pyramid

LDRLB

Global firms have employed blue ocean strategies to cater their services and offerings to the BoP (Bottom of Pyramid). Many companies have derived BoP strategies from C.K. There are some excellent business & corporate strategy examples of companies implementing the BoP model. Prahalad , the brilliant management guru.

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5 Ways to Retain Employees with Lean Management Practices

Chart Your Course

Now take a look at your job descriptions and make sure the responsibilities you’ve developed will allow newly hired employees to grow and succeed with your company, while adding value to your bottom line. The second premise of lean management is a bit more dynamic. Other Lessons From Manufacturing. Remove Wasted Resources.

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Improving Your Team’s Lean Project Management

Strategy Driven

Once you understand the core principles and benefits associated with lean project management, it will be time to apply what you’ve learned. When developing any project, the first step is to consider the perspective and needs of the customer. Check out the following resources: Benefits And Challenges Of Lean Manufacturing.

Project 88
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Comparing Lean Thinking and Dr. Deming’s Management Ideas

Deming Institute

I do believe that creating a management system based on Deming’s ideas is the best strategy to pursue. I see plenty of those interested in Deming’s ideas that would improve their ability to manage with more appreciation for other management improvement efforts.

Deming 47
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Collaboration Will Drive the Next Wave of Productivity Gains

Harvard Business Review

The ways individual companies achieve these straightforward goals fall in two basic categories: developing and adopting new management practices (such as total quality management, lean manufacturing, reengineering, and employee engagement), or adopting new technology and integrating it into the way work is done.

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Three Things Your Company Can Learn from a Bottle of Water

Harvard Business Review

And these companies know that service workers are like assembly line workers in one important respect: they often have the best insights into inefficiencies or obstacles in their work, and are therefore the right people to develop those routines. If it doesn't serve the core mission, it is dead on arrival at the front line.".

Company 17