9781422162682

Producing Prosperity: Why America Needs a Manufacturing Renaissance

Pisano, Gary P.; Shih, Willy C.

ISBN 10: 1422162680 / 1-4221-6268-0
ISBN 13: 9781422162682
Publisher: Harvard Business Review Press
Publication Date: 2012
Binding: Hardcover
Editorial Reviews for this title:
Synopsis:
Manufacturing’s central role in global innovation

Companies compete on the decisions they make. For years—even decades—in response to intensifying global competition, companies decided to outsource their manufacturing operations in order to reduce costs. But we are now seeing the alarming long-term effect of those choices: in many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy.

In Producing Prosperity, Harvard Business School professors Gary Pisano and Willy Shih show the disastrous consequences of years of poor sourcing decisions and underinvestment in manufacturing capabilities. They reveal how today’s undervalued manufacturing operations often hold the seeds of tomorrow’s innovative new products, arguing that companies must reinvest in new product and process development in the US industrial sector. Only by reviving this “industrial commons” can the world’s largest economy build the expertise and manufacturing muscle to regain competitive advantage. America needs a manufacturing renaissance—for restoring itself, and for the global economy as a whole.

This will require major changes. Pisano and Shih show how company-level choices are key to the sustained success of industries and economies, and they provide business leaders with a framework for understanding the links between manufacturing and innovation that will enable them to make better outsourcing decisions. They also detail how government must change its support of basic and applied scientific research, and promote collaboration between business and academia.

For executives, policymakers, academics, and innovators alike, Producing Prosperity provides the clearest and most compelling account yet of how the American economy lost its competitive edge—and how to get it back.

Editorial reviews may belong to another edition of this title.
 

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Book Description: Harvard Business Review Press, United States, 2012. Hardback. Book Condition: New. 239 x 157 mm. Language: English Brand New Book. Manufacturing s central role in global innovation Companies compete on the decisions they make. For years--even decades--in response to intensifying global competition, companies decided to outsource their manufacturing operations in order to reduce costs. But we are now seeing the alarming long-term effect of those choices: in many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy. In Producing Prosperity, Harvard Business School professors Gary Pisano and Willy Shih show the disastrous consequences of years of poor sourcing decisions and underinvestment in manufacturing capabilities. They reveal how today s undervalued manufacturing operations often hold the seeds of tomorrow s innovative new products, arguing that companies must reinvest in new product and process development in the US industrial sector. Only by reviving this industrial commons can the world s largest economy build the expertise and manufacturing muscle to regain competitive advantage. America needs a manufacturing renaissance--for restoring itself, and for the global economy as a whole. This will require major changes. Pisano and Shih show how company-level choices are key to the sustained success of industries and economies, and they provide business leaders with a framework for understanding the links between manufacturing and innovation that will enable them to make better outsourcing decisions. They also detail how government must change its support of basic and applied scientific research, and promote collaboration between business and academia. For executives, policymakers, academics, and innovators alike, Producing Prosperity provides the clearest and most compelling account yet of how the American economy lost its competitive edge--and how to get it back. Bookseller Inventory # AA99781422162682

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Book Description: Hardcover. Book Condition: New. 163mm x 20mm x 236mm. Hardcover. Manufacturing's central role in global innovation Companies compete on the decisions they make. For years--even decades--in response to intensifying global competition, companies decided .Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 192 pages. 0.386. Bookseller Inventory # 9781422162682

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Book Description: Harvard Business Review Press, United States, 2012. Hardback. Book Condition: New. 239 x 157 mm. Language: English Brand New Book. Manufacturing s central role in global innovation Companies compete on the decisions they make. For years--even decades--in response to intensifying global competition, companies decided to outsource their manufacturing operations in order to reduce costs. But we are now seeing the alarming long-term effect of those choices: in many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy. In Producing Prosperity, Harvard Business School professors Gary Pisano and Willy Shih show the disastrous consequences of years of poor sourcing decisions and underinvestment in manufacturing capabilities. They reveal how today s undervalued manufacturing operations often hold the seeds of tomorrow s innovative new products, arguing that companies must reinvest in new product and process development in the US industrial sector. Only by reviving this industrial commons can the world s largest economy build the expertise and manufacturing muscle to regain competitive advantage. America needs a manufacturing renaissance--for restoring itself, and for the global economy as a whole. This will require major changes. Pisano and Shih show how company-level choices are key to the sustained success of industries and economies, and they provide business leaders with a framework for understanding the links between manufacturing and innovation that will enable them to make better outsourcing decisions. They also detail how government must change its support of basic and applied scientific research, and promote collaboration between business and academia. For executives, policymakers, academics, and innovators alike, Producing Prosperity provides the clearest and most compelling account yet of how the American economy lost its competitive edge--and how to get it back. Bookseller Inventory # AA99781422162682

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