Manufacturing Industry
Tried-and-true management tools the most popular.(Management Tools Survey from Bain and Company Inc.)(Brief Article)(Statistical Data Included)
IIE Solutions, July, 2001
Never mind what "new economy" gurus say, executives in North America still opt for tried-and-true management tools to address the fundamentals of cost and corporate direction. The eighth annual Bain & Co. "Management Tools Survey," a compilation of the insights of 245 senior executives, tracks opinions from across more than 30 industries.
The survey showed that although emerging management tools such as customer relationship management and corporate venturing have received much attention in the past year, they aren't yet close to the hearts and minds of managers. In fact, the most widely used tools cited by senior managers in 2000 are the same ones chosen in 1999: strategic planning, selected by 80 percent of respondents; mission and vision...
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