Performance Improvement Publications

  • Crisis Management - Bain Seoul

    January 25, 2017 | Performance Improvement | Maekyung Economy

    There are basically three types of failed companies who mis-react to crisis ahead of time. The first type is when the CEO, or even executives, don’t feel the temperature change of the market fast enough, and by the time they recognize it becomes too late to react.

  • ZBB (Zero-Based Budgeting) - Bain Seoul

    January 11, 2017 | Performance Improvement | Maekyung Economy

    ZBB is a tool to rebuild your cost structure from zero base, hence the name zero-based budgeting. The biggest driver of ZBB is productivity analysis. As you build your productivity baseline and enhancement plan, you can build your cost structure around it. There are three ways to categorize your

  • KPIs that matter - Bain Seoul

    April 06, 2016 | Performance Improvement | Maekyung Economy

    Today we have more KPIs than we know what to do with and, as result, people are confused and the concerted effort is not being put towards the right initiatives.

  • Hygiene versus "wow" factors - Bain Seoul

    March 09, 2016 | Performance Improvement | Maekyung Economy

    It is almost impossible to exceed everyone's expectations for a product and at the same time make money. We call this a hygiene factor versus a "wow" factor.

  • Complexity management - Bain Seoul

    June 22, 2015 | Performance Improvement | Maekyung Economy

    Complexity creates headaches and management issues, yet we see companies inadvertently create complexities in their organizations that are highly dysfunctional and downright ineffective.

  • Profit pool - Bain Seoul

    April 27, 2015 | Performance Improvement | Maekyung Economy

    Making money is the most critical reason to be in business, yet this obvious statement is not so obvious in industries where you can spend all of your time and energy developing, nurturing and growing a business to have someone else reap all the profits of your hard work at the end of the day.

  • Rethinking Supply Chains in the Asia-Pacific Region for Global Growth

    April 08, 2015 | Bain Brief

    Asia-Pacific’s over-stretched supply chains won’t help companies support the next wave of global growth in a vastly different cost environment. Fully 70% of supply chain executives interviewed agree that their supply chain is now a top management priority, but only half believe their organization

  • [Business Management Essay] Real innovation creates job - Bain Seoul

    June 17, 2013 | Business Process Redesign | Maekyung Economy

    Is innovation good? By definition, ‘innovation’ is a step further than ‘improvement’, so it is positive. For instance, if a manufacture achieved ‘quality innovation’, we take that as a better product for consumers.

  • Complex innovation stifles companies

    June 22, 2007 | Performance Improvement | Chosun Ilbo

    Ever diversifying customer needs and product/service innovation activities of companies to meet such needs. In between lies the trap of 'complexity'. Developing too many new products/services trying to become "everything for everyone" can lead to too much complexity.

  • How to build a sales force that delivers

    May 04, 2007 | Bangkok Post

    Buoyed by record economic growth rates throughout Asia — Singapore and Vietnam expect a final tally of 8% for 2006 and China is projected at 10% - multinationals are eager to gain a foothold in the Asian marketplace.