Real-time control of the industrial enterprise
Title:
Real-time control of the industrial enterprise
Author:
Martin, Peter., author.
ISBN:
9781606503614
Personal Author:
Physical Description:
1 online resource (xxvi, 154 pages) : illustrations.
Contents:
1. A retrospective -- The impact of industrialization -- Organizing for industrialization -- The separation of operational management from business management -- The importance of electricity --
2. Out of control -- The business of industry getting out of control -- Driving force 1, industrial business going to real time variability -- Driving force 2, plant floor focus on profits -- Driving force 3, operational empowerment -- Driving force 4, increased production agility -- Requirements for dealing with real-time business variables -- Bringing industrial business back into control -- It is all about the data! --
3. The evolution of the labor force -- The labor problem -- Profitability just happened -- The organizational schism -- Closing the schism -- A new kind of craftsmanship -- The downsizing debacle --
4. Knocking profit out of control -- The computer revolution -- Business, out of control -- A lead business indicator, the electric power industry -- Real-time industrial businesses -- The impact -- Real-time profitability model -- Traditional organizational and architecture mismatch --
5. Applying control theory to profitability -- Controlling profitability -- The profitability control loop -- A cascade control system -- The need for enterprise control systems --
6. The barriers to real-time enterprise control -- A technology versus solution focus -- The capital project process -- Traditional accounting practices -- Common engineering perspectives -- Organizational silos -- Business and production process limitation --
7. Practical applications of real-time enterprise control -- Control performance excellence -- Asset performance excellence -- Human performance excellence -- Safety and environmental performance excellence -- Summary --
Bibliography -- Index.
Abstract:
Here is something you may not know. Almost all the productivity gains of the last 50 years have not come from better chemistry or better design. Yes, there have been advances in chemistry, in materials, even in biology. But these advances have not by themselves increased general productivity, nor have even better management and financial controls, nor the ubiquitous MBA graduates and sophisticated financing instruments. Not even entrepreneurship in the heyday of Silicon Valley created huge productivity advances. And certainly, the relocation of many business units offshore produced only a limited, and possibly wrongheaded, accounting improvement in productivity, which has declined as wages and working conditions in Asia and Latin America have improved.
Local Note:
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
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