Proactive Crisis Management in Global Manufacturing Operations

Abstract

From an economic perspective, the future has never seemed clear, but high performance businesses have the ability to navigate through uncertainty and emerge ever stronger. How do they do it? The experience and research with the world’s most successful companies show that winners follow certain common principles. Companies that come through the strongest actually use economic disruption to improve their competitiveness. This study is to find out how to make it possible. Future competitiveness of manufacturing operations under dynamic and complex business situations relies on forward-thinking strategies. The objective of this work is to identify and develop the operational competitiveness in a sustainable manner and implement sustainable competitive advantage (SCA), the highly competitive operations strategy by integrating manufacturing and technology strategies with transformational leadership profiles of the decision makers, for managing proactive operations in global turbulent business environments such as the global economic crisis which has badly hit the whole world’s economy. This study is aiming to create methods and tools to analyze the development of operational competitiveness in global context. These include e.g. the following: • Observation and evaluation of operational strategy excellence and transformational leadership to support decision making processes. • Scenario analysis of the development of business environments and methods for identifying successful factors of new business concepts with dynamic decision making for optimizing resource allocations by sense & respond methodology and by integrating manufacturing strategy with transformational leadership and technology level to evaluate and benchmark overall operational competitiveness in technology and knowledge intensive business areas. • Methods and tools for identifying successful factors to develop sustainable operational competitiveness of new business concepts against the highest benchmarks in the world.