If your organization is a monopoly, you may be very profitable now, but in an increasing competitive environment, will you have sufficient "Profit safety cushion"? If you are already in an oligopoly market, with domestic and/or international competition, are you merely developing strategies to survive, or are you aggressively capturing additional market share?
WHY
If your organization is a monopoly, you may be very profitable now, but in an increasing competitive environment, will you have sufficient "Profit safety cushion"? If you are already in an oligopoly market, with domestic and/or international competition, are you merely developing strategies to survive, or are you aggressively capturing additional market share?
When times are tough, the most common strategies used by enterprises include:
- Employment freezes
- Layoffs
- Early retirement plans
- Price increases to cover expenses
- Reduced employee training
- Reduced Research & Development effort
- All the above are " reactive" strategies that have significant negative effects in the short-term as well as the long-
- term, ranging from inconsistent competitiveness, adversarial management-employee relation, low morale and lower profits, to severe social problems.
WHAT
Total Productivity Management (TPmgt™) is a proactive , pragmatic , innovative and unique concept, management philosophy, and systematic process, based on the industrial engineering and behavioral sciences. Because of its systemic nature, the TPmgt™ is truly "total", both conceptually and analytically. It emphasized the explicit relationship brtween quality and total productivity. Quality and total productivity are considered the two performance sides of the same coin, or two performing rails of the same track. They are inseparable conceptually and quantitatively, the concept is generic; therefore, it is easily adapted to any type of organization or enterprise, as has been demonstrated during the last 10 years in many countries around the world.
BENEFITS of TPmgt™
To Company/Organization
Consistent profitability
Improved market share/Brand loyalty
To Stockholders/Owners
Improved earnings per share
Higher and/or more stable stock value for issued shares
Greater confidence in the Company/ Organization
To Customers
Same or lower purchase prices for better quality
products/services at higher reliability
Greater sense of satisfaction for the products /services
Assurance of the longevity of the company's products/services
To Suppliers/Vendors
Better cash flow
Greater sense of satisfaction for the products/services
Assurance of longevity of the company's products/services
To Employees
Higher wages/salaries
Bonus or profit-sharing
Greater job satisfaction, morale and job security
Better professional development
To Community/Society
Greater satisfaction of the Organization's social role Improved ecological, economic and social balance The TPM©
The "Total Productivity Model" (TPM©), which is one of the most important components of the Total Productivity Management philosophy, has been applied to mote than 200 different enterprises, including those in manufacturing, construction, insurance, banking, healthcare, utilities, education, financial services, engineering consulting, process industries, transportation, mining, fast food business printing business, computers, heavy equipment, stock brokerage, retail, tourism, government, defense industry, and many more others.
SEMINAR TOPICS
- Opening Remarks
- Introduction- The Need for TPmgt
- The Basic Concept and Management Philosophy of TPmgt
- The Systematic 10 step process
- Case studies/Examples
- Unique features of TPmgt
- How does TPmgt™ differ from Total Quality Management (TQM)
- Benefit of TPmgt
- Universality of TPmgt
- Where to go from here
- Discussion, Question/Answer session
- Closing Remarks/Evaluation and Adjournment
TESTIMONIAL
In 1981, Dr. David J. Sumanth worked with American Bankers Insurance Group to establish our Productivity Quality Teams…
The PQ Teams were very well received by the employees. Many excellent ideas were generated, from automation issues to customer service improvements…
Dr. Sumanth helped install a Total Productivity Management Report , which is still in use today. It addresses the relationship between Premium Income and all Expenses by processing, and total company. The report help to pinpoint specific expense trends that are inconsistent or undesirable, highlighting where management attention is needed. This reporting structure provides management with overview reports that represent the big picture, and coordinate with the lower level production reports.
We feel that Dr. Suamanth has developed an excellent system, as many of the concepts are effectively working at ABIG today. These include the Total Productivity Measurement, lower level capture of all inputs and outputs on consistent reports, participative employees involvement sharing , and profit/loss monitoring. All of these together are used to meet the needs to meet the needs of the Stockholders, Customers, Employees, and Community. The concepts that Dr. Sumanth has incorporated in his program have met the most important test at ABIG----the test of time.
Audrey Steiger American Bankers Insurance Group, 1991
SEMINAR DESCRIPTIONS HALF-DAY & ONE-DAY SEMINARS
Executive overview of Dr. Sumanth's Total Productivity Management (TPmgt) Process outlining the need for, the benefits, and significance , of this concept, as relevant to today's highly competitive business environment.
THREE-DAY SEMINAR
In addition to the executive overview (One day Seminar), this program includes a detailed 'hands-on' expericece on developing a plan of action for the implementation of the TPmgt. On the third day, the participants will prepare a presentation on TPmgt's implementation strategy within their corporate environment.
ABOUT THE PRESENTER
Dr. David J. Sumanth is Professor and Founding Director of the Productivity Research Group at the University of Miami, since 1979. He is also the founding President of Management Innovations,Inc. since 1990.
His 31 years of teaching, research and consulting experience have been in the areas of " Productivity Engineering". "Total Productivity Management", and Management of Technology. He is a frequent national and international speaker on these subjects, in the U.S.A., Europe, the Far East , and Lation America. Dr. Sumanth has B.S.( Mechanical Engineering), and M.S.( production Engineering) degrees from Osmania University , and M.S. and Ph.D. (Industrial Engineering ) degrees from Illinois Institute of technology (IIT), Chicago. His book, "Productivity Engineering and Management" (McGraw-Hill, 1984,1985,1990) has helped initiate formal productivity education in more than 25 countries.
His 60 honors and awards include the YMCA Fold Medal(1969), Outstanding Industrial Engineer of the Year Award ( 1983,1984), the George Washington Honor Medal (1987), and the Fellow of the World Academy of Productivity Science (1989).
Dr. Sumanth's many biographical listings include: World Researchers of the 1980's, Men of Achievement , Community Leaders of America, Personalities of America, Men of Distinguished Leadership, International Who's Who of Intellectuals, Who's Who in the world, and 5000 Personalities of the World. His most recent honor is the Alexander Orr Award for Excellent in Teaching from University of Miami, Florida U.S.A.
During the last 15 pages, Dr. Sumanth's seminars and lectures on " Total Productivity Management ", Quality and Technology Integration, PQ Teams and related subjects have been attended by enterprises such as:
- Alcan (Jamaica)
- American Bankers Insurance Group (U.S.A.)
- Bay Area Rapid Transit (U.S.A.)
- Bank of California (U.S.A.) Beatrice Foods(U.S.A.)
- Blue Shield of California(U.S.A.)
- Boeing Commercial Airplane Group(U.S.A.)
- Cambridge University ( U.K.)
- Carnival Cruise Lines(U.S.A.)
- Chamber of Industries ( Panama) Citicorp Savings(U.S.A.)
- CIBA Geigy
- Citicorp Saving (U.S.A.)
- Cordis Corporation (U.S.A.)
- Costa Rican Telecommunication Co ( Costa Rica)
- Dictaphone(U.S.A.)
- Dunlop(Malaysia)
- Dade County School Board (U.S.A.)
- ECOLE (France)
- Employers Confederation (Sweden)
- Empress Electrica (Guatemala)
- European Productivity Agency ( Brussels)
- Finnish Foresest Industries Federation ( Finland)
- Florida Power and Light (U.S.A.)
- Foundation FES, Inc. (Colombia)
- Francisco Marroquin University ( Guatemala)
- GENE Electric (St. Maarten)
- Government of Nigeria ( Nigeria)
- Gillette De C.A.
- Harris Corporation (U.S.A.)
- Hindustan Aeronautics Ltd.,( India)
- IBM (U.S.A.)
- Indian Institute of Technology, Delhi (India)
| - International Harvester(U.S.A.)
- KODELA(Curacao)
- KPMG Peat Marwick(U.S.A.)
- Pcljeed(U.S.A.)
- Mahindra Nissan Allwyn Ltd., (India)
- Martin Marietta(U.S.A.)
- Ministry of Labor(Malaysia)
- Monterey Tech (Mexico) McDonald Douglas(U.S.A.)
- Motorola(U.S.A.)
- National Aeronautics and Space Administration (U.S.A.)
- Nova Scotia Research (Canada)
- Nokia (Finland)
- Occidente Group (Guatemala)
- Pacific Gas and electric Company (U.S.A.)
- Racal Milgo(U.S.A.)
- SGAN ( Brazil)
- Shell (Guatemala)
- South Miami Hospital(U.S.A.)
- Southern Bell(U.S.A.)
- SYSCO Food Service (U.S.A.)
- University of Miami(U.S.A.) UPIICSA( Mexico)
- University of Twente ( Netherlands)
- United Bible Societies (U.S.A.)
- US Army construction Engineering Research (U.S.A.)
- US Mint(U.S.A.)
- U.S. Social Security Administration(U.S.A.)
- Viggo Spectrained (U.S.A.)
- Volvo (Sweden)
- Wells Fargo Bank(U.S.A.)
- Xerox (U.S.A.)
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TPmgt is a trademark of Dr. David J. Sumanth
TPM© registered copyright, Dr. David J. Sumanth, 1979.
