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Sep 26, 2017 · The earliest account of operations and production management is given by Adam Smith in his book, "An Inquiry into the Nature and Causes of the Wealth of Nations," published in 1776. In this work, Smith explains how the division of labor allows for more efficient production.
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When did product management start?
What is production management?
- The History
- When Product Management Came to Tech
- Suddenly We’Re All Agile
- Product Management Takes A Seat at The Big Table
- What’s Next?
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Modern product management started in 1931 with a memo written by Neil H. McElroyat Procter & Gamble. It started as a justification to hire more people (sound familiar to any product managers out there?) but became a cornerstone in modern thinking about brand management and ultimately product management. What he laid out in his 800-word memowas a si...
The original product managers, and indeed the majority of product managers in FMCG today, were very much a part of the Marketing function. They focused on the process of understanding the customers’ needs and finding a way to fulfil those needs using the classic marketing mix– the right Product, in the right Place, at the right Price, using the rig...
Originally product development was a slow and laborious process, even in the tech industry. You plodded along a waterfall process, first doing research, then writing a massive product requirements document over several months, then throwing it over the wall to Engineering to build, only to get something completely different out the other end severa...
Until very recently Product Management was still a part of the Marketing or Engineering functions, reporting up through those hierarchies, naturally aligned more with one or the other and inevitably embroiled in conflicts of prioritisation and focus because of it. These days Product Management is increasingly a stand alone function with a seat at t...
Good product management is becoming a sustainable competitive advantage, and is continuing to evolve. Product Management continues to absorb parts of Marketing, with many organisations making user acquisition a part of product in recognition that good product is often the fastest and cheapest way to grow. It continues to take on elements of User Ex...
Jul 30, 2014 · Management’s Three Eras: A Brief History. Organization as machine – this imagery from our industrial past continues to cast a long shadow over the way we think about management today. It isn ...
The most common perspective provides a cross-section of the current interests of manufacturing management by differentiating between: project management, batch production, repetitive manufacture, assembly lines and processing plants. This view can be strengthened through an analysis of their origins and .
In 1886, addressing the nascent American Society of Mechanical Engineers, Henry R. Towne proposed that “the management of works” be considered a modern art—thereby heralding the Management...
In manufacturing operations, production management includes responsibility for product and process design, planning and control issues involving capacity and quality, and organization and supervision of the workforce.
Dec 7, 2018 · The 1950s. In post-war Japan, cash-flow issues forced different companies to develop just-in-time manufacturing or just-in-time production. It is also often referred to as the Toyota Production...
