Nobody downloaded yet

Operations Management - Discussion Paper - Essay Example

Comments (0) Cite this document
Operations management - discussion paper Contents Contents 2 Introduction 3 Maintenance of Stable Workforce within Organizations in Respect of Changing Markets 3 Workforce Stability in Organizations based on Financial Position of the Concern 4 Organizational Productivity in terms of Skills and Competition and Workforce Stability 4 Conclusion 5 References 6 Introduction With changing conditions in the market place and rise in the competitive environment both in the social and business context the business organizations are found to resort to a strategy of changing workforces…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Operations Management - Discussion Paper
Read TextPreview

Extract of sample "Operations Management - Discussion Paper"

Download file to see previous pages The question of survival of the fittest has made the business organizations to increasingly take resort to the above strategy (Lawler and Worley, 2006, p.154-155). The paper endeavors to further divulge on the issue of gaining a new workforce at the cost of the existing people in a much detailed fashion. Maintenance of Stable Workforce within Organizations in Respect of Changing Markets The fact of changing market conditions impose challenges over the business organizations in regards to maintaining a stable workforce. It is found that to overcome the stress of external changes in the technological and competitive business sphere business organizations have shifted their endeavor to work for the development of the existing people to recruiting readymade skillful and productive workers from outside. Though it is held that retiring workers increases the turnover cost of the concerns yet it helps the concerns to strategize the development process of staffs to meet market demands. In order to compete with the technological and business development of its competitors the business concerns need to take in effective manpower that can be trained quite faster to help the organization counter market challenges. The policy of taking in new recruits and retiring the existing people in regards to market changes and opportunities is referred to as ‘travel light’ and was employed by Kodak when film technology shifted from chemical to digital. Chemical engineers were replaced by digital photography engineers (Lawler and Worley, 2006, p.154-156). Workforce Stability in Organizations based on Financial Position of the Concern It is observed that taking resort to the above discussed ‘travel light’ human resources policy endangers the business organization in regards to increasing the cost of human resources of the concern. The organization needs to both render immediate financial benefits to the retiring employees and also to invest quite enough to recruit and train the new workforce. Further the new workers need to be properly streamlined into the business process which requires enough time leading loss of productivity and thereby rise in business costs. Administrative costs also get highly tuned to such both in relation to rendering advertisements for recruiting and also in terms of generation of insurance, uniform and other costs for the new individuals. Again the new employees on failing to use the machineries in the right manner lead to increase in the cost of erosion of such. The time required for the new employees to be trained properly requires existing employees to perform the overtime work for which they are required to be rightly paid. This increases the cost of operations for the firm (Indicator Protocols Set: EC, 2006, p.7). Organizational Productivity in terms of Skills and Competition and Workforce Stability Organizations round the world in order to better compete with their competitors are found to take resort of newer and productive workforce based on new skill sets. However such practice of the business conc ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Operations Management - Discussion Paper Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Operations Management - Discussion Paper Essay Example | Topics and Well Written Essays - 750 words. Retrieved from
(Operations Management - Discussion Paper Essay Example | Topics and Well Written Essays - 750 Words)
Operations Management - Discussion Paper Essay Example | Topics and Well Written Essays - 750 Words.
“Operations Management - Discussion Paper Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Operations Management - Discussion Paper

Operations Management Discussion Questions

...Task Operations Management DQ Operations Management is a sector of management that deals with overseeing, scheming, and reforming operations in the manufacture of goods or services. The main responsibility of this sector is to ensure that facility operations are efficient in relation of exhausting as little resources as required, and effective in relation to meeting customer desires. Its utmost concern is management of the procedure that changes inputs into outputs. Moreover, it decides on the location of a new facility by considering all the criteria that should be put into consideration before setting...
4 Pages(1000 words)Assignment

Integration Paper (Operations Management)

...09 December 2008 Integration Paper 8 I must admit that I really am not quite interested with operationsmanagement. Maybe it's not just my field as I seem to have better inclination with marketing and finance. I should also say, though, that this week's topics shed new light on operations. The concepts presented are those which I can easily relate to and are not really that technical (read: hard to understand). Enterprise resource planning as the discussion stresses is how a company efficiently allocates its resources in order to maximize efficiency and productivity. Supply chain planning on the other hand deals with the tracking of information, finances, and inputs as they move along...
2 Pages(500 words)Essay

Discussion Paper Strategic Management Opinion

...Strategic Management Opinion For each approach, mark your feeling about its appropriateness using the following scale definitely not appropriate, 2. probably not appropriate, 3. undecided, 4. probably appropriate, and 5. definitely appropriate. The business firm should try to get useful information about competitors by: __5___ Careful study of trade journals Study of trade journals is definitely appropriate because it can be a tool for an organization to be always updated in the current trade practices. As a business organization, information is power and trade journals publish valuable information for its readers. Unlike most of the other news media which businesses might monitor, trade journals are a concentrated and...
2 Pages(500 words)Essay

Strategic Management Discussion Paper

...Discussion Paper Reengineering As business fads come and go industry buzzwords are created which cause people to react in different ways. Some say that the fad is nothing more than just a passing fancy, other suggest that it is the only way to save modern companies and still others report that they have been doing the same thing for years (Watson, 2003). Reengineering is one such process where the main supporters of the process i.e. Hammer and Champy (1993) have suggested that businesses today need to combine several of their production steps to save time and manpower. The process is supposed to save time since tasks would not have to be passed from one team to another if a cross functional team is used...
2 Pages(500 words)Essay

Role of Operations Management Paper

...Running head: Operations Management Operations Management Affiliation August, 20 2009 Table of Contents Table of Contents 2 3 Introduction 3 Background 4 Operations Management at Tata Motors 5 Conclusion 6 References 6 Abstract Operations management is a paradigm of industry lined by means of the manufacture of products and deliverance of services, as well as engages the accountability of making sure that business processes are well-organized in areas of employing as small resource as needed, also effectual in conditions of convincing consumer needs. It is linked by means of organizing the procedure that...
4 Pages(1000 words)Essay

Discussion Questions_Service Operations management

...Service Operations management My Disappointments at the Restaurant Each time I visit a premise, I always look for high quality and satisfactory service. However, at times I get so disgruntled when I do not get excepted level of services especially while in the restaurant, salon, boutique, cinema hall or club. On December 29, 2014, I was not pleased with the kind of treatment I got at the prestigious Hilton Hotel. After leaving my home for the hotel, I so excited and anxiously looked forward for a fruitful evening. Surprisingly, this would never be because I did not get the type of service I had been expecting. I was so disappointed by the waiter who took so long to serve me and even ended up giving me a clod and low quality food... the...
1 Pages(250 words)Assignment

Service operations management-Discussion Questions

...resources need to be availed. These can be used for buying the tools and materials required and paying for the labor used during the whole project. For a project to be a success, measures should be taken to make accurate prediction on the total amount of money to use. Meanwhile, performance refers to the activities to be carried out during the entire project. Everything that needs to be included should not be left out as it constitutes a scope of the project (Allen, 2001). In conclusion, time, cost and performance are important components of a project that need to be carefully thought about before initiating any project. They all make important contributions that need not to be taken for granted. Without them, nothing can be achieved...
1 Pages(250 words)Assignment

Service operations management-Discussion Questions of electricity. Thus, the bakery can operate without any power shortage. Lastly, its location next to the road makes it so accessible by the clients. So, anyone who wants to come here to relax does not need to struggle to reach it since it is close to the road, railway and airport. However, I would like to point out that the location of this pizza joint in this place has negatively impacted on it. To begin with, it is located in an insecure place. Meaning, there is no adequate security in this place. This has actually made many people to shy away from it. In addition to that, the location of the bakery in the outskirts of the town has made the management to incur extra expenses in supplying its...
1 Pages(250 words)Assignment

Service operations management- Discussion Question

...International Expansion Strategy of Walt Disney Company The Walt Disney Company is a diversified American multinational corporation that has its headquarters in California. It is the second biggest broadcasting and cable business globally in the revenue category. The largest corporation in the cable and corporation sector is Comcast. Products provided by the company include; film products from the Walt Disney Studios, ABC broadcast network, cable network like ABC Family and Disney Channel, merchandising, publishing, songs entertainment, theatre productions, and operates 14 theme parks in several countries (Barboza, 2011). The primary strategy adopted by the Walt Disney Corporation is global. The focus of the Walt Disney Company... is not...
1 Pages(250 words)Assignment

Final Exam Paper Operations Management

...Operation management According to (Heragu, 46) regardless of the size or complexity of an organization, activities are carried out to create goods and services. These activities are the one referred to as operations. The core activities are the determined factor to the success of an organization. To ensure these activities do not hinder the prosperity of the organization management is required. The flow of these activities can be regarded as a chain and a failure at one stage the chain comes to a halt. Creation of goods and services involves a number of players who create the supply chain. All the players have a critical role in the creation of quality goods and...
10 Pages(2500 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Operations Management - Discussion Paper for FREE!

Contact Us