Conquering Complexity in Your Business: How Wal-Mart, Toyota, and Other Top Companies Are Breaking Through the Ceiling on Profits and Growth

Conquering Complexity in Your Business: How Wal-Mart, Toyota, and Other Top Companies Are Breaking Through the Ceiling on Profits and Growth book cover

Conquering Complexity in Your Business: How Wal-Mart, Toyota, and Other Top Companies Are Breaking Through the Ceiling on Profits and Growth

Author(s): Michael L. George (Author), Stephen A. Wilson (Author)

  • Publisher: McGraw Hill
  • Publication Date: May 1, 2004
  • Edition: 1st
  • Language: English
  • Print length: 352 pages
  • ISBN-10: 0071435085
  • ISBN-13: 9780071435086

Book Description

Conquering the complexity in products and services can generate larger contributions to profits and growth than nearly any other business strategy

Here's a guarantee: Somewhere in your business, there is too much complexity. You may also be losing out by having too little complexity where it counts - in the products, services and options you offer to customers. Either way, the impact of complexity is enormous in terms of lost profit and missed growth opportunities.

Conquering Complexity in Your Business shows how to break through the ceiling on profits and growth by implementing the three rules for conquering complexity:

  • Eliminating complexity that customers will not pay for
  • Exploiting the complexity that customers will pay for
  • Minimizing the costs of the complexity you offer

    You'll find methods and tools you need to:

    • Identify the offering and process complexity in your business
    • Quantify the impact of that complexity
    • Decide which complexity you want to keep and which to eliminate
    • Select specific approaches to eliminate different kinds of complexity

      This knowledge will significantly improve your ability to grow profit, revenue, and shareholder value.

Editorial Reviews

From Booklist

The authors are experts on the Six Sigma and Lean Production methods used to increase efficiency, cut costs, and improve resource use in corporate environments and have written extensively on techniques for improving speed and quality. Here they make the case that every business harbors too much complexity, a "silent killer" that increases costs and drains profits and resources. The methods they offer to expose complexity could be the the next big strategic business weapon--dominant companies such as Wal-Mart, Toyota, Dell Computer, and Capitol One are already using these techniques to great success. Although some of the concepts presented are easy to understand, such as reducing the number of steps in production, reducing waste, and creating standardized tasks and procedures, others are quite advanced (functional analysis, cojoint analysis, exploiting commonality), and there are numerous equations and diagrams that require a mathematical mind to comprehend. This timely research has much to offer medium-sized to large businesses. David Siegfried
Copyright © American Library Association. All rights reserved

From the Publisher

Michael George (Dallas, TX) is the author of Lean Six Sigma and Lean Six Sigma for Services . He is founder and CEO of George Group, a consulting company that delivers rapid and sustained improvements in shareholder value through unique methodologies. George Group is the global leader in Lean Six Sigma.

Stephen Wilson (Dallas, TX) is the director of the Cost of Complexity practice at the George Group. He also has expertise in strategy development, Valued Based Management and Lean Six Sigma, the process improvement methodology. He holds an MBA in Strategy and Finance from the Wharton School.

View on Amazon

未经允许不得转载:Wow! eBook » Conquering Complexity in Your Business: How Wal-Mart, Toyota, and Other Top Companies Are Breaking Through the Ceiling on Profits and Growth