Operations Strategy Optimization Based on Developed Sense and Respond Methodology
How to make adaptive adjustments on operations strategy in dynamic business environments becomes the very important competitiveness to all kinds of companies. This paper aims to develop sense and respond (S&R) models in agile and dynamic strategic adjustment by introducing scaled critical factor index (SCFI) compared with previous S&R models such as critical factor index (CFI) and balanced critical factor index (BCFI). In addition, the case study in this paper shows the difference among the three S&R models and the advantages of SCFI model. The analysis results show that the SCFI models have contribution to the adaptive operations strategy adjustment based on clear objectives in dynamic and turbulent business environment. Managers can make quick decisions by the analytical models.
Operational competitiveness Operations strategy Sense and respond (S&R) Scaled critical factor index (SCFI) Manufacturing industry
Yang Liu Wu Qian Shi Zhao Josu Takala
Department of Production, University of Vaasa, PL 700, 65101 Vaasa, Finland School of Management, Wuhan University of Technology, Wuhan, 430070, P. R. China
国际会议
The 8th International Conference on Innovation and Management(第八届创新与管理国际会议 ICIM 2011)
日本福冈
英文
1010-1015
2011-11-30(万方平台首次上网日期,不代表论文的发表时间)