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BestPossible Profits: Guidebook for Forest Products Companies


Description: The author of this guidebook, Dr. Eugene L. Bryan, has nearly 40 years of experience in computer-based systems and management services that help company managers coordinate the use of raw materials, production capabilities, and market opportunities to achieve optimum (BestPossible) profits.

Part One presents insights and concepts, management tools, and the guidance systems companies need to understand in order to meet challenges and capture opportunities on the way to achieving BestPossible profits.

Part Two outlines opportunity-based management principles and describes how companies can use optimization technology to produce departmental “roadmaps” to ensure that management efforts culminate in BestPossible profits. Included is a discussion on how to use internal benchmarking to track progress, minimize slippage, and document accomplishments.

Part Three looks to the future and describes what a company must do to continually improve its BestPossible profit picture and thus have uninterrupted access to fresh opportunities. The entire forest products industry is on a high-tech journey into the future. Managers who are learning to use high-tech management tools to identify and manage complexity are leading this journey. This guidebook was written for such managers and others who wish to follow their lead.


Contents: The Nature of Profit
Author’s Notes
Introduction

Part One

Chapter 1 Destination BestPossible
Basics of BestPossible Profits
Economics of Competition
Profit Optimization
Complexity is a Good Thing
Four Modes of Management
Opportunity- versus Cost-Based Management
Real-Time Planning
BestPossible Change
Journey through Time

Chapter 2 Team and Theme BestPossible
Real Human Resources
Spontaneous Motivation
The Right Stuff
Knowledge Workers
Change Agents
Compatible Rewards
Leadership and Theme BestPossible

Chapter 3 BestPossible Resources
Optimal Allocation of Resources
Capital
Procurement Opportunities
Production Capabilities
Market Opportunities
Time
Information

Chapter 4 BestPossible Profit Models
Evolution of Management tools
Models for Managers
Profit Optimizers
Model Ingredients – Data, Logic, and Constraints
How Profit Models Work
Validation and Reconciliation
From Data to Roadmaps
Neutral Prices and Opportunity Values

Chapter 5 Zone of Opportunity
Opportunity-Based Management
Traditions and Perceptions
Simple versus Complex Opportunities
Low-Cost and High-Cost Opportunities
Nine Cells of Opportunity
The Art and Science of OBM

Chapter 6 Clearing the Way
Answering Objections
Frequently Asked Questions
Impediments, Hurdles, and Pitfalls

Part Two

Chapter 7 BestPossible Investments
Human Resources
Optimization Technology
Capital Expenditures
Mergers, Acquisitions, and Divestitures
Green-Field Construction

Chapter 8 BestPossible Sales
Selective Service
Optimum Product Mixes
Product Pricing

Chapter 9 BestPossible Procurement
Services
Materials
Outsourcing

Chapter 10 BestPossible Production
Process Automation and Optimization
Scheduling and Constraint Management
Superior Maintenance
Buying and Selling Production Services

Chapter 11 BestPossible Inventories
Timber
Logs
Work-in-Process

Part Three

Chapter 12 Assessments and Reconnaissance
Starting Point
Complexity Assessment
Opportunity Assessment
Offense or Defense?
Scouting Ahead and Changing Course

Chapter 13 Proactive Progression
Mission and Destination
Conquering Constraints
Getting Started
Thinking Big, Starting Big
Checklist for the Journey Ahead
Navigation and Course Adjustments

Chapter 14 Goal Setting and Benchmarking
BestPossible Goal Setting
Reporting versus Benchmarking
Components of Profit Change
BestPossible Benchmarking
Performance Index
Achievement Index
Creativity Index

Chapter 15 Creating and Riding Change
Inventing Tomorrow
Staying in Tune
Reshaping Paradigms
Making BestPossible Better
Continuous Liberation




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