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Before the 1980s it was thought that companies looked at human capital as how much quantity employees could produce in a given amount of time. The company only wanted quantity or number of units from the employee, and the only benefit given back to the employee was the weekly paycheck. In other words, work with what you got and built it; but build it quickly.
After that, new organizations model structure came into play new manufacturing systems came along such as the Japanese’s innovation with superior production techniques, that inspired the next generation CEOs and managers. Models, like TQM (Total Quality Management) and BTO (Build to Order) were adopted by many firms in order to compete...
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Common topics in this essay:
- As a recently appointed marketing manager to a local company you have been asked to convince the management team of the benefits of adopting the marketing concept.
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