Beating the import threat - luxury furniture
I came across this super short case study in the FT (Oct 09) which is a great example to use to illustrate one strategy of dealing with cheap imports....
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(4/5), based on 1 review
Innovation & Protecting a Business Idea - Classroom Video
A huge hat tip to Angela Aldridge for suggesting this terrific short video clip on the process of invention and innovation at Dyson. This has to be one of the most useful videos you’ll ever have as a lesson starter on product innovation....
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Q&A - What are the main causes of unemployment?
The causes of unemployment can be described under four main categories:
- Seasonal unemployment
- Frictional unemployment
- Structural unemployment
- Cyclical unemployment
Rated: (4/5), based on 2 reviews
Economist on Lean Production
I spotted this brief overview of lean production techniques in the Economist - it might be a useful handout for students wanting to understand more about the potential benefits of lean manufacturing.
Here is the link: Lean production
When the Steel Town Boomed
A fascinating 4 minute journey into the history of steel-making from Panorama…
read more...»Are we motoring towards electric avenue?
From the gloom of the multinational car industry comes this fascinating and encouraging article about the rapid developments in the electric car industry…
read more...»Video case study - LG moves away from mass production
A simply fantastic video clip explains how consumer products giant LG is moving to smarter, more flexible manufacturing processes as part of its strategy to address the substantial downturn in demand for consumer electronics. Great footage of the production process; excellent examples of quality assurance and relevant too for students learning about why reducing stocks (working capital) is important in managing cash flow. High recommended.
Download student worksheet (pdf) and video link
AIG ends Manchester United sponsorship deal
What are your personal experiences of the credit crunch? For a while, most of us have remained unaffected and watched the stories unfolding without much of a sense of involvement.
That’s all beginning to change now. You don’t have to be selling a house or running a business to notice how things are getting tough. I hope you aren’t affected by unemployment yet or live in a place where the High Street is sprouting lots of empty shop units.
read more...»Video Case Study - Export Success for Mining Tools Manufacturer
You might think that a UK manufacturing business that specialises in the mining industry would be struggling to survive. But here is an uplifting profile of a business that has successfully exploited export markets to both survive and now prosper. An excellent example of how investing in export markets and specialising in a niche can be a profitable business strategy.
Download student worksheet (pdf) and video link
Dont believe everything you read in the business papers…
On the face of it, this story looks like a great case study to use with business students. The last television factory in the UK is closing down in the face of competition from imported televisions and the rapid face of technological change. But wait! Is there a twist in the tale?
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