Profit Beyond Measure by Anders Broms
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Profit Beyond Measure
By Anders Broms

Profit Beyond Measure

Extraordinary Results Through Attention to Work and People

By (author) See other recent books by Anders Broms See other recent books by H. Thomas Johnson
Format: Paperback

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Profit Beyond Measure by Anders Broms

Book Description

Waste has plagued almost every industrial-age firm for the past century. In this powerfully argued alternative to conventional cost management thinking, experts H. Thomas Johnson and Anders Broms assert that any company can avoid the waste that is generated through excessive operating costs in the short run and excessive losses from market instability in the long run. To gain more secure levels of profitability, management must simply change how it thinks about work and how it organizes work. Profit Beyond Measure details how two extremely profitable manufacturers, Toyota and the Swedish truck maker Scania, have rejected the traditional mechanistic mindset of managing by results that generates waste. Johnson and Broms explain how Toyota and Scania achieve their legendary cost advantage through a revolutionary concept they call managing by means (MBM). Instead of being driven to meet preconceived accounting targets, the production systems of Toyota and Scania are governed by the three precepts that guide all living systems: self-organization, interdependence, and diversity. Amid a wealth of new insights into Toyota's vaunted system, Johnson and Broms introduce the tools of MBM to show how design, production, and profitability analysis are done to customer order. They demonstrate that by following the principles that emulate life systems, even a lean and profitable company can organize work to greatly lessen its long-term earnings instability and sharply reduce its short-run operating costs. Scania has achieved sixty-five years of financial stability and longevity in the face of fierce competition. Toyota has amassed a market value since 1988 that has rivaled -- or sometimes surpassed -- the American "Big Three" automakers combined. The principles that Johnson and Broms set forth in Profit Beyond Measure can guarantee the same richer, longer life to any company that applies them.

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Book Details

ISBN: 9781857882698
ISBN-10: 1857882695
Format: Paperback
(234mm x 153mm x mm)
Pages: 272
Imprint: Nicholas Brealey Publishing
Publisher: Hodder & Stoughton General Division
Publish Date: 12-Jun-2008
Country of Publication: United Kingdom

Books By Author Anders Broms

Profit Beyond Measure by Anders Broms Profit Beyond Measure, Paperback (August 2008)

A bold alternative to the prevailing "management by results" approach, "Profit Beyond Measure" proves how companies who follow the principles governing all living systems -- self organization, interdependence, and diversity -- will optimize their long term performance. Illustrations.

» View all books by Anders Broms


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Author Biography - Anders Broms

H Thomas Johnson & Anders Broms

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