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Business, 10.09.2021 03:30 brandon2222269

1. Shouldice Hospital is a focused factory. Consider the following excerpt from the Harvard Business Review. "A factory that focuses on a narrow product mix for a particular market niche will outperform the conventional plant, which attempts a broader mission. Because its equipment, supporting systems, and procedures can concentrate on a limited task for one set of customers, its costs…are likely to be lower than a conventional plant. But, more important, such a plant can become a competitive weapon because its entire apparatus is focused to accomplish the…task…demanded by the company’s overall strategy. [Despite] their advantages, my research indicates that focused manufacturing plants are surprisingly rare. Instead, the conventional factory produces many products for numerous customers in a variety of markets, thereby demanding the performance of a multiplicity of manufacturing tasks all at once from one set of assets and people. Its rationale is "economy of scale" and lower capital investment. However, the result, more often than not, is a hodge-podge of compromises, a high overhead, a[n] … organization that is constantly in hot water with … customers." — Wickham Skinner in "The Focused Factory," Harvard Business Review, May-June 1974, 113-22. In what ways does the focused strategy of Shouldice enable them to gain efficiencies in their operations

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