Booz Allen Hamilton --- While few people today really believe that China's economic development is still centered around legions of bicycle riders dutifully heading to assembly lines to churn out low-cost, lower-quality products for consumers in China or the West, many executives form both leading multinational companies(MNCs) and local businesses still act as though the low-cost model is a substitute for operational excellence. It appears that they have not yet taken notice of the crisis in operations that looms ahead.
Main contents:
·Addressing China's Changing Needs
·What Is Operational Excellence
·First Step: Defining Your Strategy
·Either/Or: Accepting the Necessity of Trade-Offs
·How Much Do companies Operating in China Need to Cut Costs?
