Chapter 1 - The basics of production
Key takeaways
The output of the manager is the output of the team.
Understand what we want to build and use the resources in the most cost-effective way possible.
The three main points
- Output-oriented approach to management.
- Not individuals but teams: the output from a manager is the output of the org units under his supervision or influence.
- A team will perform well only if peak performance is elicited from individuals in it. Task-relevant feedback.
Aim
The main job of the manager is to understand what has to be done and work towards it. In order to do that in the best way possible we should:
- Schedule delivery time.
- Acceptable quality.
- Lowest cost.
Resources
It's really important to find the most cost-effective way to deploy the resources at disposal. Understanding the trade-offs betweent the different factors and make quatifiable relationships in between them it's going to make the use of the resources in the best way possible.