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Author: Frank A. Tillman Publisher: FT Press ISBN: 0132981912 Category : Business & Economics Languages : en Pages : 41
Book Description
In Investment Strategy for Product Development in the Aerospace Industry, Frank A. Tillman and Deandra T. Cassone introduce a complete process for developing an investment strategy for the Air Force Material Command that develops products for the military aerospace industry. The Air Force has used Tillman and Cassone’s model to help establish goals and objectives, relate them to decision criteria, and use them to analytically prioritize programs and allocate resources. Their model is interesting both for the specific problem it solves and for the example it offers: a model of a diverse set of projects that requires clearly defined goals, objectives, and metrics which can be compared on an “apples-to-apples” basis. It also shows how to capture and integrate the sometimes-differing viewpoints of multiple decision makers in a consistent process that ensures the greatest possible objectivity. The investment strategy outlined here offers a foundation any large organization can use to establish automated structured project prioritization and resource allocation processes for traceable and defensible decision making. It also presents steps and reports that can be used to develop an automated system for efficiently repeating the investment decision-making process in the future.
Author: Frank A. Tillman Publisher: FT Press ISBN: 0132981912 Category : Business & Economics Languages : en Pages : 41
Book Description
In Investment Strategy for Product Development in the Aerospace Industry, Frank A. Tillman and Deandra T. Cassone introduce a complete process for developing an investment strategy for the Air Force Material Command that develops products for the military aerospace industry. The Air Force has used Tillman and Cassone’s model to help establish goals and objectives, relate them to decision criteria, and use them to analytically prioritize programs and allocate resources. Their model is interesting both for the specific problem it solves and for the example it offers: a model of a diverse set of projects that requires clearly defined goals, objectives, and metrics which can be compared on an “apples-to-apples” basis. It also shows how to capture and integrate the sometimes-differing viewpoints of multiple decision makers in a consistent process that ensures the greatest possible objectivity. The investment strategy outlined here offers a foundation any large organization can use to establish automated structured project prioritization and resource allocation processes for traceable and defensible decision making. It also presents steps and reports that can be used to develop an automated system for efficiently repeating the investment decision-making process in the future.
Author: Domenico Ferreri Publisher: Praeger ISBN: Category : Business & Economics Languages : en Pages : 408
Book Description
The aerospace industry has undergone tremendous change in recent years. Always something of an anomaly, due to its critical role in national economies and in national security, the sector has always been distinct from other manufacturing industries in its reliance on high-technology innovation and the shifting sands of private and public investment. Since the end of the Cold War, financial and other crises have led to a spate of mergers and acquisitions, leaving fewer and fewer players in the commercial airplane industry. Meanwhile, some firms exited the business altogether. State-owned companies have been privatized, national firms have been consolidated in some countries, and the first transnational aeronautics conglomerate in Europe, EADS, was founded in 1999. Those left standing must strive to exploit international alliances and their network of horizontal and vertical collaborations in order to gain long-term competitive advantage. How to harness both management strategies and marketing tactics to the cause in the commercial airplane industry is the subject of this book. Primary among the challenges faced by firms is industrial rationalization. How do corporate leaders who are charged with managing newly merged companies integrate distinct corporate cultures, rationalize operations and activities, and eliminate duplication of product and function, while maintaining their focus on gaining competitive advantage in the marketplace? The answer depends on the nature of the firm. Single-sector companies have the advantage of being lean, agile, and quick to react to market forces, while multisector companies have the potential to exploit synergistic relationships among divisions, economies of scale, financial strength, and the balancing of risk. These factors affect companies' behavior not only at the strategic level, but also at the tactical level. This book provides scholars of strategic marketing and management, as well as executives and decision makers in commercial aviation, with the industry background necessary to understand the aeropsace companies' struggle for survival in the newly restructured market.
Author: Jimmy Williams Publisher: SAE International ISBN: 0768084555 Category : Technology & Engineering Languages : en Pages : 92
Book Description
Over the next twenty years, the role and contributions of successfully managed projects will continue to grow in importance to aerospace organizations, especially considering the demands of emerging markets. The accompanying challenges will be how to effectively reduce product and process cost where known (incremental) and unknown (transformational) technological innovation is required. Managing Aerospace Projects brings together ten seminal SAE technical papers that support the vision of a more holistic and integrated approach to highly complex projects. Using the concept of project management levers, Dr. Jimmy Williams, Jr., the editor of this title, expands on the critical importance of correctly deciding on •Organizational strategies •Technology and product strategy •Global portfolio strategy •Project portfolio strategy Sub-optimized strategies result in and contribute to a portfolio of misdirected projects and organizational dissatisfaction with project management outcomes unrelated to the actual project management process. As an example, ensuring the convergence and readiness of technologies that are critical for the design, development, and assembly of aircraft requires a disciplined and flexible approach for product and technology development. Operating in an environment in which customer needs and supplier capabilities are dynamic requires continual focus on a portfolio of projects, initiatives, and capabilities that result in sustaining competitive advantage and influence. Managing Aerospace Projects stresses the positive impact of project classification and the specific handling and leadership knowledge requirements so that these endeavors are indeed successful. Some comparisons and lessons from the automotive industry are offered. The notion that project management competence and capabilities are embedded in distinct ways of coordinating and combining multiple competencies suggests that failing to recognize the required organizational adaptations could be a major contributor to sub-optimized project management outcomes.
Author: Wesley E. Spreen Publisher: Routledge ISBN: 1351919784 Category : Transportation Languages : en Pages : 304
Book Description
The aerospace industry has a unique business culture and business practices. It is also subject to unique regulatory requirements and financing conventions. Aerospace products are unlike anything else. Pricing arrangements are arcane, and large-scale cooperative alliances among industry players are commonplace. The market is dichotomized into parts, civil and military, of approximately equal value, and is further divided into dozens of major product segments. The complexity of the aerospace market is commensurate with its size. It is a leading exporter among industrialized nations, employing millions of highly-skilled workers and serving as a technology incubator, while developing nations target the aerospace industry for development within their own economies. Yet, in spite of the importance and uniqueness of the aerospace industry, there has been no serious comprehensive guidance about how the industry's markets function. Marketing in the International Aerospace Industry provides that much-needed overview and best-practice guidance. It analyses the distinctive environment and practices of the aerospace industry, and provides specific, practical guidance for marketing professionals. The content is presented in clearly-defined chapters that relate directly to the professional challenges facing the marketer in the industry. It is written for these professionals and also students of aviation and aerospace management. The book has a fundamentally international optic of the aerospace industry. It consistently examines universal management issues from the point of view of the aerospace industries in the United States, the UK, France, Germany, and Japan, comparing and contrasting national practices in these countries and elsewhere.
Author: National Research Council Publisher: National Academies Press ISBN: 0309170419 Category : Technology & Engineering Languages : en Pages : 67
Book Description
The Principal Deputy to the Assistant Secretary of the Air Force for Acquisition requested that the National Research Council (NRC) review the Air Force's planned acquisition programs to determine if, given its scale, the highly talented scientific, technical, and engineering personnel base could be maintained, to identify issues affecting the engineering and science work force, and to identify issues affecting the aerospace industry's leadership in technology development, innovation, and product quality, as well as its ability to support Air Force missions.
Author: United States. Congress. House. Committee on Science. Subcommittee on Space and Aeronautics Publisher: ISBN: Category : History Languages : en Pages : 88
Author: Frank A. Tillman
Author: Frank A. Tillman
Author: Frank A. Tillman
Author: Domenico Ferreri
Author: Jimmy Williams
Author: Wesley E. Spreen
Author: National Research Council
Author: Deandra Cassone
Author: United States. Congress. House. Committee on Science. Subcommittee on Space and Aeronautics
Author: United States. National Aeronautics and Space Administration
Author: Brad Lee Kirkwood