The High Performance Enterprise
Trafford Publishing, 2004 - Business & Economics - 86 pages
This book presents, as a how-to guide, a compelling methodology for improving the operational and financial performance of a firm.
The book focuses on the optimum utilization of capital assets and human resources to support the firm's business strategy and, therefore, gain a competitive advantage. It complements publications on the Balanced Scorecard by providing rather detailed sets of performance metrics applicable to Supply Chain, Customer Relationship Management, and Intellectual Capital improvement efforts.
Managers involved in business improvement programs will benefit from the development of performance metrics for intellectual capital. MBA students will find especially useful the concise description of the best practices and issues affecting enterprise performance today.
Finally, consideration for non-financial assets handled in a non-financial manner. A coming together of several current management concepts, along with a way to measure and evaluate their value to the company. A useful reference for building, implementing and evaluating a plan of improved efficiency.
This book provides a good overview of important financial and process redesign concepts that can influence business performance. This resource covers a broad range of ideas from continuous improvement, business strategies, balanced scorecards and value measurement tools. Non-financial persons will find this especially helpful, as information is presented in a non-technical manner, a quick read and intuitively links each idea or concept.
The High Performance Enterprise is written in a very readable and concise language. The authors manage to explain in a very direct way the relationship between enterprise high performance and each of the four steps to achieving it; all this, without getting bogged down with the details on specific techniques and practices that are generally known in the industry. The discussion stays focused on the importance of metrics and simulation and their link to overall financial/accounting concepts that gauge the value of the enterprise and its performance. Because the book touches on, and gives examples of, all major functional aspects of an enterprise, I would recommend it for use in an undergraduate strategic management or capstone course in business administration program. The book would be particularly useful in an MBA course.
George Guim Ed.D.