TY - JOUR
T1 - Advanced manufacturing technology investment
T2 - criteria for organizational choice and appraisal
AU - Putterill, Martin
AU - Maguire, William
AU - Sohal, Amrik S.
PY - 1996
Y1 - 1996
N2 - Argues that as opportunities arise for companies to exploit new markets, a critical issue is how firms should be organized to cope with innovation and competition in a fast moving business environment. Suggests changes to organizational procedures with the potential to deal with complex investment decisions better. Based on theory, surveys and practice, these include changes to the traditional role of financial analysis, extending the capital investment process to one which combines strategic and financial management considerations. Puts forward a set of criteria which should be met once advanced manufacturing technology practices have been reorganized.
AB - Argues that as opportunities arise for companies to exploit new markets, a critical issue is how firms should be organized to cope with innovation and competition in a fast moving business environment. Suggests changes to organizational procedures with the potential to deal with complex investment decisions better. Based on theory, surveys and practice, these include changes to the traditional role of financial analysis, extending the capital investment process to one which combines strategic and financial management considerations. Puts forward a set of criteria which should be met once advanced manufacturing technology practices have been reorganized.
KW - advanced manufacturing technologies
KW - innovation
KW - investment appraisal
KW - organizations
UR - http://www.scopus.com/inward/record.url?scp=0030370457&partnerID=8YFLogxK
U2 - 10.1108/09576069610129865
DO - 10.1108/09576069610129865
M3 - Article
AN - SCOPUS:0030370457
VL - 7
SP - 12
EP - 24
JO - Integrated Manufacturing Systems
JF - Integrated Manufacturing Systems
SN - 0957-6061
IS - 5
ER -
