The Power of Management Capital

by Feigenbaum, Armand V.; Feigenbaum, Donald

• ISBN13: 9780070217331
• ISBN10: 0070217335
• Edition: 1st
• Format: Hardcover
• Copyright: 2003-03-14
• Publisher: McGraw-Hill

Summary

From the man whom BusinessWeek has called a "founding father" and the "hands-on implementer" of the Quality Movement comes a breakthrough approach to management and leadership Just as Armand Feigenbaum's pioneering Total Quality Control changed the world's approach to quality and productivity, The Power of Management Capital will also transform the contemporary business landscape. The Power of Management Capital explains the new business model of "management capital"--what it is and how the deployment of management assets sets pacesetter companies apart from the also-rans and business failures of the past decade. Armand Feigenbaum and his brother Donald, an executive vice president at General Systems, Inc., provide a definition of the distinct components of management capital--it is the physical assets, the culture, the approach to innovation, the intellectual capital, the human resources, etc.--and then show how the deployment of each of these assets is key to successful growth and profitability.

Author Biography

Armand V. Feigenbaum, Ph.D., is the originator of Total Quality Control, which was conceived and completed while he was earning his doctoral degree from MIT, and is the recipient of numerous medals and honors from quality associations around the world. Dr. Feigenbaum is the president of the international engineering firm General Systems, Inc., which designs and installs proprietary operating management systems for manufacturing and service companies throughout North and South America, Europe, and Asia.

Donald Feigenbaum, Ph.D., is chief operating officer and executive vice president of General Systems, Inc. Dr. Feigenbaum is an acknowledged world leader in systems management and engineering and has published numerous influential works in the field of systems technology.

Table of Contents

Preface
New Management for Business Growth in a Demanding Economy	p. 1
Capitalizing Management Power: Lessons from the Great Japanese Economy	p. 17
Emphasizing Quality of Management Instead of Quantity of Management	p. 35
The Character of the Company: "Signature" Capabilities and Management Innovation	p. 57
Managing for Growth in the New Competitive Landscape	p. 73
Sustaining Business Growth by Recognizing and Reconnecting Management "Disconnects"	p. 89
Reducing Failure Costs and Increasing Systems Effectiveness	p. 113
Developing Visible and Invisible Competitive Strength and "Materializing" Management Capital	p. 135
Ten Leadership Characteristics for Capitalizing Management Power throughout the Business Value Chain	p. 155
The Customer - Not Wall Street - Delivers the Business's Income	p. 175
Powering Management Capital	p. 189
Index	p. 193
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