This Focused Performance Weblog is a "business management blog" containing links and commentary related primarily to organizational effectiveness with a "Theory of Constraints" perspective. TOC is noted for its applications in Project Management and Multi-Project Management (Critical Chain) and Operations Management (Drum-Buffer-Rope), as well as in Marketing, Strategic Planning and Change Management (TOC Thinking Processes). If you are on an archive page, current postings are found here.
Saturday, December 07, 2002
• A Thought or Two on Outsourcing from an acquaintance of mine here in New Jersey.
"In the USA, manufacturing accounts for 24% of the GNP.
Extraction and Construction account for 13% of the GNP.
Service industries account for 63%
But...Services do not create wealth, so its content must be subtracted from the GNP to determine where our wealth really comes from
Therefore...Manufacturing represents 65% of the wealth creation in the USA
Source: Marcus B. Crotts, President of SME
Manufacturing Engineering Magazine June 2002
If we become a service economy, we will then become servants of the manufacturing nations."
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