Integrating the Lean Enterprise Lean as a Strategy Cory R A Hallam October 30, 2002 October 30 2002 Cory R A Hallam, MIT LAI/TMP
Cory R.A. Hallam, MIT LAI/TMP 1/25 October 30, 2002 Integrating the Lean Enterprise - Lean as a Strategy - Cory R. A. Hallam October 30, 2002
What is Strategy? a strategy is a plan, method, or series of actions designed to achieve a specific goal or effect (Wordsmyth, 2001) October 30 2002 Cory R A Hallam, MIT LAI/TMP 2/25
Cory R.A. Hallam, MIT LAI/TMP 2/25 October 30, 2002 What is Strategy? • A strategy is a plan, method, or series of actions designed to achieve a specific goal or effect (Wordsmyth, 2001)
Contextual Description of Strategy (Mintzberg, 1987) Military strategy is concerned with drafting the plan of war. shaping the individual campaigns within these plans and deciding on the individual engagements with the enemy Game Theory strategy involves a complete plan a plan which specifies what choices( the player) will make in every possible situation Management strategy is a unified comprehensive, and integrated plan designed to ensure that the basic objectives of the enterprise are achieved October 30 2002 Cory R A Hallam, MIT LAI/TMP 3/25
Cory R.A. Hallam, MIT LAI/TMP 3/25 October 30, 2002 Contextual Description of Strategy (Mintzberg, 1987) • Military strategy is concerned with drafting the plan of war...shaping the individual campaigns within these plans, and deciding on the individual engagements with the enemy. • Game Theory strategy involves a complete plan; a plan which specifies what choices (the player) will make in every possible situation. • Management strategy is a unified, comprehensive, and integrated plan designed to ensure that the basic objectives of the enterprise are achieved
Strategy and Business (oster, 1999) From a business perspective, strategy begins with the desire of an organization to outperform the market A strategy, in this context, is defined as a set of concrete plans to help the organization accomplish this goal Fundamentally, a strategy is a commitment to undertake one set of actions rather than another and this commitment necessarily describes the allocation of resources October 30 2002 Cory R A Hallam, MIT LAI/TMP
Cory R.A. Hallam, MIT LAI/TMP 4/25 October 30, 2002 Strategy and Business (Oster, 1999) • From a business perspective, strategy begins with the desire of an organization to outperform the market. • A strategy, in this context, is defined as a set of concrete plans to help the organization accomplish this goal. • Fundamentally, a strategy is a commitment to undertake one set of actions rather than another, and this commitment necessarily describes the allocation of resources
Strategy and Business (Porter, 1996) If there were one ideal position, there would be no need for strategy. Strategy is based on making trade-offs in a competitive environment The essence of strategy is thus choosing what to do and what not to do while creating fit among a company s activities October 30 2002 Cory R A Hallam, MIT LAI/TMP 525
Cory R.A. Hallam, MIT LAI/TMP 5/25 October 30, 2002 Strategy and Business (Porter, 1996) • If there were one ideal position, there would be no need for strategy. • Strategy is based on making trade-offs in a competitive environment. • The essence of strategy is thus choosing what to do and what not to do while creating fit among a company's activities