The purpose of "Total Productivity Management" is to improve the competitiveness of products and services in price/cost and customer responsiveness, thereby increasing the profitability, market share, and return on investment in human, material, capital, and technology resources.
Methodology
1. Mission Statement Development
2. Productivity Analysis
• Total Productivity and Break-Even Point of Total Productivity
• Human Productivity
• Materials Productivity
• Fixed Capital Productivity
• Working Capital Productivity
• Energy Productivity
• Other Expense Productivity
An analysis will be made of the impact of these productivities on profits.
3. Management Goals Development
4. Productivity Goal Development
5. Fishbone Analysis and Action Plans Development
Using the Fishbone Analysis, action plans will be developed for each of the management goals.
5. PQT Training
This training entails an 8-step approach for problem-solving to improve productivity, quality, and customer responsiveness. It also teaches skills in supervision, planning, organizing, motivating, delegating, controlling, and communicating.
6. Assessment of Productivity Goal Achievement
To assess the progress toward the achievement of the productivity goals. Personnel from accounting and management information systems will be taught how to use it.
7. TPG
To provide consistent motivation to achieve the corporate mission, the "Total Productivity Gainsharing" formula will be applied. The management will be guided to consider different options.
Suito, Kiyoshi. (1998). Total productivity management. Work Study, 47(4), 117-127.
http://www.mgtii.com/Engineering_Management_Miami_FL.html
Paper containing full example of the above model
Resource Use, Waste, and Total Productivity Management in Saudi Arabia Hotel Industry
Rami H. Alamoudi
Department of Industrial Engineering
King Abdulaziz University, Jeddah, Saudi Arabia
Methodology
1. Mission Statement Development
2. Productivity Analysis
• Total Productivity and Break-Even Point of Total Productivity
• Human Productivity
• Materials Productivity
• Fixed Capital Productivity
• Working Capital Productivity
• Energy Productivity
• Other Expense Productivity
An analysis will be made of the impact of these productivities on profits.
3. Management Goals Development
4. Productivity Goal Development
5. Fishbone Analysis and Action Plans Development
Using the Fishbone Analysis, action plans will be developed for each of the management goals.
5. PQT Training
This training entails an 8-step approach for problem-solving to improve productivity, quality, and customer responsiveness. It also teaches skills in supervision, planning, organizing, motivating, delegating, controlling, and communicating.
6. Assessment of Productivity Goal Achievement
To assess the progress toward the achievement of the productivity goals. Personnel from accounting and management information systems will be taught how to use it.
7. TPG
To provide consistent motivation to achieve the corporate mission, the "Total Productivity Gainsharing" formula will be applied. The management will be guided to consider different options.
Suito, Kiyoshi. (1998). Total productivity management. Work Study, 47(4), 117-127.
http://www.mgtii.com/Engineering_Management_Miami_FL.html
Paper containing full example of the above model
Resource Use, Waste, and Total Productivity Management in Saudi Arabia Hotel Industry
Rami H. Alamoudi
Department of Industrial Engineering
King Abdulaziz University, Jeddah, Saudi Arabia
International Journal of Basic & Applied Sciences IJBAS Vol: 9 No: 10, Pp. 43-54
Desired goals are achieved only when plans and actions are executed properly. One has to be more focused on the outcome than the method of achieving it in the time slot allotted. A new Productivity Management tool helps in planning & execution of activities to perform and keeps track of all the business goals
ReplyDelete
ReplyDeleteInformative blog keep sharing such a great information with us.
Upcoming IPO