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Producing Prosperity : Why America Needs a Manufacturing Renaissance by Gary P. Pisano and Willy C. Shih is a book available to read on EtoBox.

What is Producing Prosperity : Why America Needs a Manufacturing Renaissance about?

Manufacturing's central role in global innovation Companies compete on the decisions they make. For years-even decades-in response to intensifying global competition, companies decided to outsource their manufacturing operations in order to reduce costs. But we are now seeing the alarming long-term effect of those choices: in many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy. In Producing Prosperity , Harvard Business School professors Gary Pisano and Willy Shih show the disastrous consequences of years of poor sourcing decisions and underinvestment in manufacturing capabilities. They reveal how today's undervalued manufacturing operations often hold the seeds of tomorrow's innovative new products, arguing that companies must reinvest in new product and process development in the US industrial sector. Only by reviving this "industrial commons" can the world's largest economy build the expertise and manufacturing muscle to regain competitive advantage. America needs a manufacturing renaissance-for restoring itself, and for the global economy as a whole.

Author

Gary P. Pisano and Willy C. Shih

Publisher

Harvard Business Press; Harvard Business Review Press

Published

2012

Language

EN

ISBN

9781422187548

Subjects

Management, Business, Economics