Building Lean Companies
How to Keep Companies Profitable as They Grow
1st Edition
Published on 31. December 2020
174 pages
978-1-61448-419-6 (ISBN)
Description
Hans D. Baumann, has almost fifty years of business experience analyzing the organizational structure & internal workings of hundreds of companies &, as a result, has reached some startling conclusions as to the major influences affecting their profitability. Ever wonder why large corporations become less profitable? Or, why old established companies such as General Motors & Delta Airlines seem to go out of business? Are larger companies really more efficient than their smaller brethren? What does a high price to earning ratio really tell you about the operating efficiency of a company? Is it a good idea to hold on to the shares of a company after a merger has been concluded? Does it pay to split-up a company? What is the relationship between the organization of the US Army and corporate hierarchy? Why do most business mergers fail? You will find answers to these & other questions, given in a plain & sometimes humorous manner, in the book, "Building Lean Companies: How to Keep Companies Profitable as They Grow."
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Morgan James Publishing llc
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Person
Hans Baumann is a world-renowned engineer specializing in control equipment and acoustics. He attended Western Reserve University earning a Ph.D. in Mechanical Engineering, and is a member of Sigma Xi, the Scientific Research Society. His career has spanned from serving as Corporate Vice-President for such firms as Emerson Electric and the former Studebaker-Worthington Corp., to starting his own manufacturing company. He has over 150 US and foreign patents to his credit. INTECH magazine named him ""one of fifty most influential industrial innovators"" and his designs have garnered numerous awards in the US, France, Germany, and Japan. Dr. Baumann has published over 110 articles and scientific papers, a number of technical books, and the acclaimed management book The Ideal Enterprise. He has lectured at universities in the US, Japan, and Korea, served as Advisor on Foreign Trade to the Governor of New Hampshire, and is an advisor to the Dean of the UNH Business school.
Content
- Intro
- Title
- Copyright
- Contents
- Dedication
- Introduction
- 1 Why Smaller Can Be Better
- 2 Law of the Sphere
- 3 The Economy of Scale and How It Affects Business
- 4 Reporting Layers-A Detriment to Efficiency
- 5 Mergers and Acquisitions
- 6 Meetings, or Managing by Committees
- 7 Rules for Successful Management
- 8 The Coming Demise of the U.S. Automobile Companies
- 9 US Airlines-A Model for Self-Destruction
- 10 Drugs-The More We Spend, the Less We Discover
- 11 The Service Industry
- 12 The Government Sets an Example
- 13 Running an Enterprise, Government Style
- 14 Concluding Summary
- About The Author
- Appendix
- "What Do They Mean When They Say .?" -An Irreverent Glossary
