Over time, the pay and promotion curves for managers and engineers handling production-process problems have fallen behind those in design and new product development. In the United States, production has ceased to be the route to the top. Among today’s CEOs of Fortune 500 companies, 34 percent come from marketing, 25 percent from finance, 24 percent from general management, and only 4 percent from production. Noticing this fact, America’s brightest and best talent have not gone into the production area. Reversing this allocation of talent will be very difficult. What has come to be seen as a second-class activity has to be made into a first-class activity. Traditional salary scales and promotion practices have to be disrupted.
Like this content? Why not share it?
There Are No Comments
Click to Add the First »
Click to Add the First »