Industrial Management articles from September 1993

Industrial Management archives from September 1993

Strategy implementation: closing the management gap.
September 1, 1993... It seems that lately the word "change" has been used at every opportunity in our popular culture and in business to describe both what is needed and what is inevitable. Whether or not it is desirable is debatable, but its inevitability is...

The liability of individual officers and directors for cleanup costs under CERCLA. (comprehensive environmental response, compensation and liability act)
September 1, 1993... Traditional corporation law favors preserving the corporate entity, thereby insulating officers and directors from corporate liability. In certain situation, however, courts have disregarded corporate form and imposed liability under the...

Proactive government steps in improving U.S. industrial hazardous waste management.
September 1, 1993... A recent survey of a large number of industrial firms showed that only 9 percent had risk management tools in place. In the last 10-15 years society has become increasingly aware of the pervasive chemical contamination of its ground water...

Self-directed work teams: how far is too far?
September 1, 1993... Alurred by the ringing sound of the buzz word "self-directed work teams," some organizations are throwing themselves into the new trend. Managers eager to obtain the alleged benefits that this management arrangement brings to the corporation,...

Activity-based costing: a methodology for costing and profitability.
September 1, 1993... In today's economic and highly competitive marketplace, the ability to identify costs of product and operation activities has become crucial. Without accurate costing information, companies lack the ability to make informed decisions. ...

Managing communication successfully in your management system.
September 1, 1993... Communication is overlooked and underrated in terms of its impact and importance in organizations. Barnard instructed that "providing a system of communication is one of three executive functions essential to the survival of an organization."...

Total flexibility management: a managerial approach for developing flexible resources.
September 1, 1993... An extensive variety of management tools and approaches is available to achieve business success in today's competitive global environment. Management approaches such as just-in-time manufacturing (JIT), employee involvement, activity-based...

Financial risk analysis using financial risk simulation program.
September 1, 1993... Investment decisions, using discounted cash flow decision techniques such as net present worth and rate of return, are based on underlying projections of revenues, costs, interest rates, product mix and other variables. The measure most...

Operational planning: going beyond PERT with TQM tools. (project evaluation and review technique; total quality management)
September 1, 1993... Conventional planning occurs in a spectrum from long-term (strategic) planning through project planning. We begin with vision and mission statements, define strategic objectives and adopt mid-term goals. This kind of planning is macroscopic...

Economic implications of incorporating job value in dispatching rules.
September 1, 1993... Efficient processing of jobs is of major importance in job shop management. The efficiency of a job shop depeqnds on how quickly jobs are processed through the most efficient utilization of available machine centers. Improving the efficiency of...