The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage
Author: Yossi Sheffi
Gold Award Winner for Business and Economics in the 2005 ForeWord Magazine Book of the Year Awards
What happens when fire strikes the manufacturing plant of the sole supplier for the brake pressure valve used in every Toyota? When a hurricane shuts down production at a Unilever plant? When Dell and Apple chip manufacturers in Taiwan take weeks to recover from an earthquake? When the U.S. Pacific ports are shut down during the Christmas rush? When terrorists strike? In The Resilient Enterprise, Yossi Sheffi shows that companies' fortunes in the face of such business shocks depend more on choices made before the disruption than they do on actions taken in the midst of it--and that resilience benefits firms every day, disaster or no disaster. He shows how companies can build in flexibility throughout their supply chains, based on proven design principles and the right culture--balancing security, redundancy, and short-term profits. And he shows how investments in resilience and flexibility not only reduce risk but create a competitive advantage in the increasingly volatile marketplace.
Sheffi describes the way companies can increase security--reducing the likelihood of a disruption--with layered defenses, the tracking and analysis of “near-misses,” fast detection, and close collaboration with government agencies, trading partners, and even competitors. But the focus of the book is on resilience--the ability to bounce back from disruptions and disasters--by building in redundancy and flexibility. For example, standardization, modular design, and collaborative relationships with suppliers (and other stakeholders) can help create a robust supplychain. And a corporate culture of flexibility--with distributed decision making and communications at all levels--can create a resilient enterprise.
Sheffi provides tools for companies to reduce the vulnerability of the supply chain they live in. And along the way he tells the stories of dozens of enterprises, large and small, including Toyota, Nokia, General Motors, Zara, Land Rover, Chiquita, Aisin Seiki, Southwest Airlines, UPS, Johnson and Johnson, Intel, Amazon.com, the U.S. Navy, and others, from across the globe. Their successes, failures, preparations, and methods provide a rich set of lessons in preparing for and managing disruptions.
Additional material available at TheResilientEnterprise.com
Table of Contents:
Preface to the Paperback Edition viiPreface ix
Acknowledgments xi
When Things Go Wrong: Disruptions and Vulnerability 1
Big Lessons from Small Disruptions 3
Understanding Vulnerability 17
Anticipating Disruptions and Assessing Their Likelihood 35
Effects of Disruptions 57
Supply Chain Management-A Primer 75
Basic Supply Chain Management 77
Demand-Responsive Supply Chains 93
Reducing Vulnerability 113
Reducing the Likelihood of Intentional Disruptions 115
Collaboration for Security 137
Detecting Disruptions 155
Resilience through Redundancy 171
Building in Flexibility 181
Flexibility through Interchangeability 183
Postponement for Flexibility 195
Strategies for Flexible Supply 209
Customer Relations Management 225
Building a Culture of Flexibility 243
Resilience for Competitive Advantage 267
Moving Ahead 269
Notes 287
Index 317
New interesting book: A History of the World in 6 Glasses or Diabetic Living Cookbook
Hotel Management and Operations
Author: Denney G Rutherford
This Fourth Edition helps readers develop the wide-ranging knowledge and analytical skills they need to succeed in today’s burgeoning and dynamic hotel industry. This comprehensive volume encourages critical thinking by providing different points of view through contributions from sixty leading industry professionals and academics. Within a coherent theoretical structure, this updated edition enables readers to formulate their own ideas and solutions.
Booknews
Provides a broad range of research and commentary on issues in the management of modern hotel departments for students. Covers changes in the industry reflecting the economy, organizational design, interdepartmental conflict in hotels, food and beverages, entertainment, front office management, marketing, financial control, and managing human resources. Includes numerous examples and case histories. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Table of Contents:
Preface | ||
Acknowledgments | ||
Contributors | ||
1 | Overview | |
1 | Remaking the Hospitality Industry | 7 |
2 | Lodging Consumers Will Remain Cost-Conscious, Even as Recovery Gains Momentum | 18 |
2 | Organization | |
1 | Organizational Design | 33 |
2 | Toward a Theory of Interdepartmental Conflict in Hotels | 46 |
3 | The Cult of Ineffectiveness | 51 |
3 | General Managers: A View at the Top | 57 |
1 | A Conceptual Framework of the Hotel General Manager's Job | 59 |
2 | Job Satisfaction and Stress in Hotel Management Careers | 67 |
4 | Front Office Management | |
1 | The Electrifying Job of the Front Office Manager | 83 |
2 | Checking the INs and OUTs of the Front Office | 86 |
3 | The Overbooking Question: A Simulation | 93 |
4 | Discounting in the Hotel Industry: A New Approach | 99 |
5 | Hotel Reservations: The Guest Contract | 110 |
6 | American Concierges Set Service Standards | 115 |
7 | Middle Managers: Facing the Communication Challenge | 120 |
5 | Housekeeping, Engineering, and Security | |
1 | Housekeeping Organizations: Their History, Purpose, Structures, and Personnel | 141 |
2 | A Cost-Saving Approach to Housekeeping | 153 |
3 | The Hotel Engineering Function: Organization, People, and Issues in the Modern Era | 156 |
4 | The Evolution of the Hotel Engineer's Job | 163 |
5 | DeFacto Security Standards: Operators at Risk | 170 |
6 | Food and Beverage Division | |
1 | Hotel Food and Beverage Organization and Management | 191 |
2 | Hotel Food and Beverage Departments Assume Higher Profile as They Adapt to the 1990s | 198 |
3 | Manager Burnout | 211 |
4 | Contemporary Hotel Catering | 219 |
5 | A Table for 5,000? Right This Way! | 224 |
6 | Utilizing Live Entertainment in Hotels, Restaurants, and Clubs | 227 |
7 | The Chef and Food Production Management | 239 |
8 | Room Service Revival | 241 |
7 | Marketing and Associated Activities | 247 |
1 | Marketing Your Hotel: Challenge of the 1990s | 251 |
2 | Marketing Practices of Hotel Chains | 254 |
3 | The Art and Science of Selling to Group Markets in Hotel Convention Sales | 265 |
4 | Hotel Salespersons: Enhancing Their Creativity and Efficiency | 271 |
5 | Boosting Your Bottom Line With Yield Management | 278 |
6 | Combining Hotel Promotions, Discount Packages, and Yield Management Systems: Make Sure It's Legal | 287 |
7 | How Consumers Choose Hotels | 294 |
8 | Hospitality Marketing: The Internal Approach | 299 |
9 | Hotel Pricing | 305 |
10 | Advertising Your Hotel's Position | 310 |
11 | Improving Interactions Between Meeting Planners and Hotel Employees | 320 |
12 | Selective Service: A Day in the Life of a Director of Convention Services | 339 |
13 | Putting the Public in Public Relations | 343 |
8 | Accounting, Financial, and Operational Control | |
1 | The Hotel Controller Revisited | 359 |
2 | A New Breed of Controller? | 369 |
3 | Internal Auditing - More Than a Financial Review | 372 |
4 | Evolution of the Night Audit | 378 |
5 | Hotel Purchasing as a Control Function and Profit Generator | 386 |
6 | The Hotel Purchasing Function | 388 |
7 | Vital Guidelines for Property Management Systems (PMS) Selection | 395 |
8 | Tech Talk Back | 399 |
9 | The Management and Processes of Human Resources | |
1 | The Challenges, Structure, and Management of Hotel Human Resources | 405 |
2 | Performance Appraisals: Making Them Fair and Making Them Work | 415 |
3 | Employee Commitment: Money in the Bank | 426 |
4 | Turnover: A Conceptual Model | 433 |
5 | Turnover and What to Do About It | 439 |
Index | 449 |
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