Herman Miller Inc

In: Business and Management

Submitted By djautofinance
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Herman Miller Inc. 1. Herman Miller Inc. has constantly focused on a reinvention and renewal growth strategy. They have done multiple things over the past century that have kept them in business, surviving The great Depression, multiple recessions in the 20th century, and the dot-com bust in the 21st century. They have made many changes during the life of the company to try and continually improve and stay ahead of its competitors, hiring design experts from numerous places that were able to design award winning furniture. They have also made many business decisions that have enabled them to remain one of the best companies in the world year after year. They hired Toyota Supplier Support Center to improve its production and operations effectiveness along with a system of lean manufacturing techniques called the Herman Miller Performance System (HMPS). This system maintained savings by minimizing inventory on hand through a just-in-time process.
Herman Miller believes its success in achieving operational excellence depends on motivation and thinking of its people to solve problems and drive improvement. There is evidence that HMI’s strategy has produced a competitive advantage and financial performance. HMI has expanded overseas and had a very large market for many years. 2. HMI’s values are reflected in the company’s policies through the organizational values, which consist of: curiosity and exploration, engagement, performance, inclusiveness, design, foundations, a better world, and transparency. These organizational values were published on the company’s website titles “What We Believe.” These were intended to unite all employees so they would all contribute to all communities within the company. All employees, no matter of position, were expected to live these values. 5. Yes, I believe so. The values that all employees must live by…...

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