Friday, May 8, 2009

Li Jinmao

Hi everyone, sorry for that i dont have much time to type all my ideas coz i am busy working these days, below are the main ideas for me to share with all you guys, regarding any further discussion we will meet on Sun. sorry but i am really sleepy, and thank everyone for their excellent post you all have prepared so well, i am grateful. and best wishes to our presentation!

1,They established the quality improvement programme(QIP) As ADI called the total quality programme focusing on half life, scorecard, applying the scorecard and analyzing performance and so on. These contribute to the reduce their cost and improve their efficiency which represents the cost leadership.

2,
The linear graph may not be able to present every possible complex variarions
After most of The defects are corrected, then move to the next most important source of defect, in this way the company can reduce most of the source of defects
Linear is easy for someone to see the line indicating the improvement rate.
Experience curve is empirical observation and not based on underlying theory. And the half life curve is focusing on defects not costs.

3,
Both the financial and the QIP numbers should be looked at. They just concentrate on different areas which are important for Analog Devices to make decisions and look at the performances.
the QIP measures combine financial and non-financial measures. financial system only focus on the financial measures, QIP measures promote long-term. financial measures contribute to short-term action

4,
Through the financial data,executives may see whether the business is on the right track in which mainly about revenue
Coming to the new product, company may recognize the situation of the product in the market such as which stage is it in, and whether it is an accepted product or not.
QIP is more about providing the whole company’s performance
Additional:
Customer satisfaction and other field in customer
Learning and growth of the company

5,
changing
customer orientation, wealth creation

6,
Only focusing on the performance regardless of the other factors

7,
Apply the generic strategies into the company’ four field customer satisfaction, new product development, organizational capabilities and financial expectations.

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