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The original renowned account of the Honda Management System was first published in Japan in 1980. For this English translation, the book was thoroughly revised and up-dated. It serves as a key work of reference for all those in management and industry who want to know the key to Japan's industrial success and seek to emulate the meteoric rise of Mr Honda from back-street garage to transnational corporation. First published in 1990, this title is part of the Bloomsbury Academic Collections series.
For decades there have been two iconic Japanese auto companies. One has been endlessly studied and written about. The other has been generally underappreciated and misunderstood. Until now. Since its birth as a motorcycle company in 1949, Honda has steadily grown into the world's fifth largest automaker and top engine manufacturer, as well as one of the most beloved, most profitable, and most consistently innovative multinational corporations. What drives the company that keeps creating and improving award-winning and bestselling models like the Civic, Accord, Odyssey, CR-V, and Pilot? According to Jeffrey Rothfeder - the first journalist allowed behind Honda's infamously private doors - what truly distinguishes Honda from its competitors, especially archrival Toyota, is a deep commitment to a set of unorthodox management tenets. The Honda Way, as insiders call it, is notable for decentralization over corporate control, simplicity over complexity and unyielding cynicism toward the status quo and whatever is assumed to be the truth - ideas embedded in the DNA of the company by its colourful founder Soichiro Honda, sixty-five years ago. With dozens of interviews of Honda executives, engineers,and frontline employees, Rothfeder shows how the company has developed and maintained its unmatched culture of innovation, resilience, and flexibility - and how it exported that culture to other countries that are strikingly different from Japan, establishing locally controlled operations in each region where it lays down roots. For instance, Rothfeder reports on life at a Honda factory in the tiny town of Lincoln, Alabama. When the American workers were trained to follow the Honda Way as a self-sufficient outpost of the global company, their plant pioneered a new model for manufacturing in America. As Soichiro Honda himself liked to say, "Success can be achieved only through repeated failure and introspection. In fact, success represents one percent of your work, which results only from the ninety-nine percent that is called failure."
Technological innovations, as well as the social innovations needed to provide adequate support systems for them, are among the important foundations for economic and industrial growth in the world today. Consequently, the discussions in this important volume of the emerg ing "sociotechnical" trends in various industries around the world are highly instructive and timely. We can learn much of value from oth ers around the world who are facing similar problems of economic and industrial development. Sociotechnical innovation requires a global set ting to be fully understood and appreciated because so much new eco nomic activity that serves the economy of the United States, as well as the economies of other countries, is found in other parts of the world including not only manufacturing innovations, but innovations in the service industries. For all of our economic self-interests, we need to view innovation globally. Sociotechnical innovation is linked with the successful development of cutting edge technologies, such as ultra large-scale integrated elec tronic systems, new larger computers, the "myria-process" systems in computing architecture that use thousands of processors, new biochem ical solutions in high-cost feedstock, applications of genetic engineer ing to crop improvement, and biotechnological improvements in the pharmaceutical industries. There are also developments in the materi als field: new fiber-reinforced plastics, rapid solidification technologies, new polymers and ceramics. And there are advances in air transport technologies that may replace current technologies [1].
The seminal book that began the lean revolution in manufacturing and supply management, Powered by Honda tells the story of what Honda does, and illustrates the BP process with stories, charts, photos, and other powerful methods that guarantee success. From the people on the floor who build the cars, to the suppliers who keep Honda lines running non-stop, and the managers who run the supply chains, you'll feel the Racing Spirit that powers the machine. Honda's global leadership position in profits, growth, and innovation was built on the principles in this book.
'Learning through Knowledge Management' provides an insightful overview of the main issues integrating learning and Knowledge Management. It offers a rich resource of case examples that highlight Knowledge Management in practice. The text explores and defines learning and Knowledge Management concepts, and deals with the elements that play an important part in determining implementation success in the organization. The chapters present a managerially oriented discussion of the following key areas: * The role of processes in managing knowledge * The behavioural side of Knowledge Management * Leadership reflexes for knowledge management success * The key features of Information Technology required for Knowledge Management * The future of Knowledge Management as part of organization management. There are many case studies which include: British Airways BP Amoco Ford Hewlett Packard Xerox Swedish Police IBM The case studies encompass a diverse and broad range of sectors, maturity of practice, problems and approaches to Knowledge Management.
With a proven track record for helping companies achieve critical cost reductions without sacrificing customer satisfaction, target costing provides managers and executives with the tools to survive and prosper in today‘s increasingly competitive market without raising prices on customers. Target Cost Management: The Ladder to Global Survival and S
Research Paper (undergraduate) from the year 2011 in the subject Business economics - Trade and Distribution, grade: 70, University of Sunderland, course: Global Corporate Strategy, language: English, abstract: The report is divided into four parts. The first part will analyse the current situation of Honda, which gives the reader insight in the current state of Honda ́s business. The second part will presented different dichotomies and analyse how Honda has dealt with them in the past. In the third part, the differences between the western management model and the Japanese management will be analysed and then related to Honda’s management concept. In addition, cultural influences based on Hofstede will be presented. The last part deals with corporate social responsibility and Corporate Governance focussing on Honda, Nissan, and Chrysler. Within the automobile industry, there exists a high intensity of rivalry. Automobile manufacturers are seeking for innovative strategies in order to be successful in the long-term. In addition, the highly debate topic “global warming” also puts pressure on the automobile manufacturers forcing them to develop new low emission cars and be more responsible for the society. The Honda Motor Company is a shining example for setting up flexible innovative strategies, which fit into a fast changing environment.
Look around you - what do you see? You may discover to your surprise that the people who are most at peace with money are the ones who walk nimbly between having too little and having too much. They have found a balance between indulgence and austerity; between success and happiness; between motivation and inspiration; and between any number of other poles we tend to think of as either/or choices, but which in reality are simply posts on either side of a doorway through which we must pass. For many of us the subject of money is unavoidably stressful. Managing our personal finances is complicated, time consuming and often, particularly in the slow countdown to pay day, dispiriting. The good news is that in Japan - where a Zen approach to life is more widely practiced - a pathway to a better relationship with money is being carved, by Ken Honda. This beautifully written book will reinvent the way you see your personal finances. You will come to understand that money flows like water and arrives like a guest. You'll rethink your own attitudes and examine the way they were shaped by beliefs about money you were taught as a child. When we heal the fear and anxiety we have about money, we successfully achieve prosperity and peace. Take the zen path to financial security and happiness.
Cusumano and Nobeoka the bestselling coauthors of MICROSOFT SECRETS, reveal how Toyota and other leading automobile makers achieve remarkable savings and growth by using shared technology and organisational capabilities across multiple projects. THINKING BEYOND LEAN explains how to manage product development more strategically and efficiently, focusing on a concept the authors call "multi-project management". In contrast, most books on product development deal with how to manage products one at a time. The basic idea of multi-product management is to create new products that share key components but to utilise separate development teams that ensure each product will differ enough to attract different customers. Taking up where THE MACHINE THAT CHANGED THE WORLD left off, THINKING BEYOND LEAN will change the way leaders do business now and in the future.