CMII Book: CMII for Business Infrastructure
The U.S. economy hit a low point in 2002, shortly after 9/11, but rebounded soon thereafter. While it has continued to gain strength, some well known firms have failed and others are struggling to survive. As of 2006, many segments of industry are not healthy. For example, four of the top seven U.S. airlines are operating in Chapter 11. The big three U.S. automakers continue to operate in the red and lose market share. Their survival is also at risk.
High labor costs, fuel costs, pension costs, and so on are cited as factors but these firms are also suffocating on corrective action. That is their bigger problem and there is no excuse for such behavior.
This 2nd edition contains many refinements but the major difference is the addition of Chapter 13. The previous 13 and 14 are now 14 and 15. This 2nd edition, and especially Chapter 13, serve to provide a wake-up call for those that continue to operate in the corrective action mode.
There are two choices. One is to follow the crowd. Send everything offshore. Squeeze your suppliers and any employees that have not left. To do so is to simply delay your demise.
The other is to get lean and mean. Get lean by eliminating the need for intervention resources. Get mean by ramping up the rate of real improvements. Both investors and employees will love you. CMII is lean and mean at its best. It's time to get started.