From Profit to Profit Potential-Redesign the Performance Indicator to Support Toyota Production System
The 20th century manufacturing management tended to control people by management accounting numbers. In order to survive the global competition, the management accounting must raise the precision of its measure so as to help, not control, the knowledge workers tap the reservoir of their tacit knowledge. Admitting the intrinsic effectiveness of ROA as the key performance indicator (KPI), while at the same time indicating the limitation of it for the purpose of measuring operational profitability, this paper proposes the notion of Profit Potential (PP), and offers the actual case of PP analysis regarding Japans Big Three, including the after Lehman Brothers shock of the year 2009. The relative superiority of Toyota Production System (TPS) as well as its problem is exposed through the analysis.
operational profitability Just in Time (JIT) cash versus profit management information tiers Profit Potential (PP)
Makoto Kawada Zhan-wen NIU
Faculty of Business Management,Meijo University, 1-501 Shiogamaguchi,Tempaku,Nagoya,Japan SchooI of Management,Tianjin University,Weijin Road 92＃,Nankai District,Tianjin
国际会议
厦门
英文
208-216
2010-10-29（万方平台首次上网日期，不代表论文的发表时间）