Profit Beyond Measure
Rather than defend performance-based management , this book militates for a more harmonious approach based on continuous optimization of business operations, and describes how ""resource-based management"" can actually produce superior results over time.
Author(s): Johnson H. Thomas, Anders Bröms
Publisher: Simon & Schuster
Date of publication: 2000
Manageris opinion
Profit Beyond Measure"" shows that management by quarterly financial results generates huge hidden costs. The authors instead recommend management by means, an approach used by Toyota and Scania. They show how focusing on operational improvement produces better long-term results.