MPI Next Generation Management Study
The Next Generation Management Study (NGM Study) defines the strategies necessary for world-class performance and success into the next generation.
A key first step in any company improvement initiative is to benchmark performance — and the NGM Study provides these benchmarks.more The study includes data from more than 3,600 U.S. manufacturers of all sizes, representing virtually every industry — establishing a “scorecard” for U.S. manufacturers in these six strategies:
- Customer-focused innovation: Develop, make, and market new products and services that meet customers’ needs at a pace faster than the competition.
- Engaged people/human capital acquisition, development, and retention: Secure a competitive performance advantage by having superior systems in place to recruit, hire, develop, and retain talent.
- Superior processes/improvement focus: Record annual productivity and quality gains that exceed the competition through a company-wide commitment to continuous improvement.
- Supply-chain management and collaboration: Develop and manage supply chains and partnerships that provide flexibility, response time, and delivery performance that exceed the competition.
- Sustainability: Design and implement waste and energy-use reductions at a level that provides superior cost performance and recognizable customer value.
- Global engagement: Secure business advantages by having people, partnerships, and systems in place that are capable of engaging global markets and talents better than the competition.
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