Thursday, April 5, 2012

Operational Efficiency - Industrial Engineering - is Very Important All The Time

In an interview with Economic Times, AT Kearney chairman, Paul Laudicina said "Clients want improvement in current operating efficiency that contributes to the bottomline."  Corporate Dossier, ET, April 6, 2012.

The statement show the importance of operational efficiency. It is important all the time along with the other dimensions of the performance of an enterprise. No doubt the number one concern of the management or the organization keeps changing from time to time, but each performance measure is important and proper attention is not given, it will become a weak point over a period of time. Industrial engineers have to recognize their primary role as persons maintaining and improving the operational efficiency of the organization.

Operations and Maintenance - Best Practices - A Guide to Achieving Operational Efficiency - 2002 - Pub by US Department of Energy

The Role of Technology in Operational Efficiency - 2009 Presentation - Innovative Technology for Customer Machinery

Operational Efficiency vs Strategy - Interesting thoughts - Mark Towery, MD, Geostrategy Partners, 2010, blog post

Maximizing Efficiency in Pharma Operations - April 2009 McKinsey Article

Global Inhouse Centers - Operational Efficiency is Important - McKinsey Presentation - March 2012

Energy Productivity Important 2010 - Stephan Gorner - Partner McKinsey

33% say operational efficiency is the reason for sustainability initiative in 2011 McKinsey Global Survey - Top reason

Tesco has excellent focus on Operational efficiency and productivity - 2002 - McKinsey quarterly article

"Continuous innovation, operational efficiency and a relentless focus on the customer have helped Tesco become one of the world's largest and most successful retailers." - Mike McNamara, CIO, Tesco, 2012

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