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Increasing productivity in global firms: The CEO challenge

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  • Mefford, Robert N.

Abstract

In a highly competitive environment global firms face the challenge of increasing productivity to compete with firms sourcing production in low-wage developing countries. This paper presents a new paradigm of production which provides a solution to the productivity challenge. The new paradigm is both a philosophy of management and a set of methods that draw upon the experiences of firms employing quality management and lean production. This approach has proven to yield substantial gains in quality, productivity, and competitiveness. The methods and the requirements to successfully implement it are discussed. How to transplant these systems to developing countries is also considered. The role of the CEO in successful implementation of the New Productivity Paradigm is discussed in the final section.

Suggested Citation

  • Mefford, Robert N., 2009. "Increasing productivity in global firms: The CEO challenge," Journal of International Management, Elsevier, vol. 15(3), pages 262-272, September.
    • Handle: RePEc:eee:intman:v:15:y:2009:i:3:p:262-272
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    References listed on IDEAS

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    7. Taylor, Frederick Winslow, 1911. "The Principles of Scientific Management," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number taylor1911.
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    Cited by:

    1. Škrinjar, Rok & Trkman, Peter, 2013. "Increasing process orientation with business process management: Critical practices’," International Journal of Information Management, Elsevier, vol. 33(1), pages 48-60.
    2. Logandran Naidoo & Ziska Fields, 2019. "Knowledge and Experience of Lean Thinking Amongst Senior Health Care Managers in Selected South African Public Hospitals," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 69(4), pages 21-37, October-D.
    3. Onkelinx, Jonas & Manolova, Tatiana S. & Edelman, Linda F., 2016. "The human factor: Investments in employee human capital, productivity, and SME internationalization," Journal of International Management, Elsevier, vol. 22(4), pages 351-364.

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