Reuters Recommends News Article | Reuters.com
Another article on the theme of chasing cheap. If your production strategy is based on being based in a cheap location, that seems like a losing strategy to me. You'll constantly be moving and building new facilities, adding cost and losing capabilities from changing people.
Why not considering using lean as the core business strategy? I thought Flextronics was winning awards and recognition for lean efforts. Why not locate close to your customers and rely on your people to drive costs down with lean improvements? That seems to work well for Toyota. You don't read about them wanting to move their Kentucky factory to Alabama because it's cheaper.
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Mark's new book is The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation.
He is also the author of Measures of Success: React Less, Lead Better, Improve More, the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, and the anthology Practicing Lean.
Mark is also a Senior Advisor to the technology company KaiNexus.