StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Ways Appropriate Management of Operations - Research Paper Example

Cite this document
Summary
The paper "The Ways Appropriate Management of Operations" focuses on the fact that operations management-OM- is a function that entails planning, organizing, coordinating, and controlling resources required to manufacture a company’s goods and services…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.4% of users find it useful
The Ways Appropriate Management of Operations
Read Text Preview

Extract of sample "The Ways Appropriate Management of Operations"

This is because marketing should avail information regarding customer expectations. Finance ought to make available information concerning budget constraints. On the same note, the OM has to communicate its requirements and potential to the other functions. Failure to which can lead to conflicts within an organization. As a result, operation managers should work harmoniously with all other business functions in a team format. Consequently, achieving conformity regarding decisions of operations and the basis of decision-making in operations is an indispensable part of guaranteeing the stability of actions essential for a successful organization.

Generally, operations management refers to the process of increasing and creating value of goods and services through the transformation of inputs into finished products. In order for operations management to thrive, it has to add value in the transformation process. Value-added refers to the net increase involving the ultimate value of a product and the value of inputs. The better the value-added, the more prolific a business is. A clear means to add value is to decrease the cost of activities in the transformation process.

Besides value-adding, operations must be efficient. Efficiency refers to the ability to be proficient at carrying out activities well and at the least possible cost. Hence, the chief role of operations is to study all activities, get rid of those that do not add value, less efficient and reorganize processes and tasks to achieve greater efficiency. The modern business environment is very competitive than before, and the function of operations management has become a crucial point of efforts to enhance competitiveness by facilitating value addition and efficiency.

Thus, operations management is very important to the success of a business organization. Operations management is accountable for an extensive range of decisions. They vary from strategic decisions, like designing features of a product and process, to tactical decisions, such as setting up employee schedules. Every organization is worried about how it will continue to exist and flourish in future. More often, a business strategy is considered as a plan that sets the long-term course of events needed to guarantee future organizational success.

An institution’s operations are vital precisely because nearly all organisational activities involve everyday tasks in operations. The connection linking an organization’s strategy and its operations is a vital determinant of its capacity to achieve long-standing success. This is because organizational success is a consequence of short-term operations activities being consistent with long-term strategic plans contributing to competitive advantage. There are operations performance goals alongside which the operation is evaluated.

They include cost, quality, speed, dependability, and flexibility. It is improbable for any operation to do extremely well at all objectives at a go. Consequently, competitive precedence must be determined on which to base operations strategy. Achievement of at least one of the operations performance objectives can facilitate an organization to practice a business strategy founded on a related competitive factor. Although, it is imperative to understand that the success of any business strategy relies not merely on the capability of operations to excel in the suitable performance objectives but significantly on customers valuing the selected competitive factors on which company strategy is based.

Harmonizing operations superiority to customer necessities is vital of any operations based strategy, which is a key contributive factor to the success of any business undertaking (Slack et al. 2010). In general, the significance of operations management on a company is deep-rooted in every part of business activities. Consequently, it has a significant role to play in ensuring that organizations are successful and achieve their goals. Operations management is also a highly important business function in today’s dynamic business environment to ensure their survival.

Thus, in conclusion, operations management can be seen as essential to the success of any business organization.  

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Operations management can be seen as essential to the success of a Research Paper, n.d.)
Operations management can be seen as essential to the success of a Research Paper. https://studentshare.org/business/1760918-operations-management-can-be-seen-as-essential-to-the-success-of-a-business-organisation-discuss
(Operations Management Can Be Seen As Essential to the Success of a Research Paper)
Operations Management Can Be Seen As Essential to the Success of a Research Paper. https://studentshare.org/business/1760918-operations-management-can-be-seen-as-essential-to-the-success-of-a-business-organisation-discuss.
“Operations Management Can Be Seen As Essential to the Success of a Research Paper”. https://studentshare.org/business/1760918-operations-management-can-be-seen-as-essential-to-the-success-of-a-business-organisation-discuss.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Ways Appropriate Management of Operations

Functional Departments in an Organization

Scheduling This is the organization and programming of operations notably is the production processes and accomplishment of activities.... The aim of this process is to ensure that there is effective and smooth execution of operations and also a way of taking precautions on the eventuality of breakdown and failures.... Human resource and job design This is an organizational process which involves the management of the employees.... Inventory This is an important aspect of an organization which ensures that there is appropriate and suitable management of demand and supply in an organization....
10 Pages (2500 words) Assignment

British Petroleum's Macondo Well Accident BOP Failure

It has been viewed that within the management of BP, there was a lack of communication with the contractors, inappropriate risk evaluation, inaccurate decision making and use of improper operation activities.... However, over the years, in its operations the company has faced certain obstacles especially related to oil spill incidents which have created a significant impact on the overall sustainability and reputation of the organisation.... After the ocuurence of this incident, BOEMRE and Mineral management Services (MMS) took strict initiatives and implemented various rules and regulations along with restructuring the working procedure so that this type of devastating incident might not occur in future....
12 Pages (3000 words) Research Paper

Operations Management

Operations management Efficient management of operations is of very utmost importance for both the survival and success of any firm.... As a consequence, all the efforts of the organization are channeled towards maintenance of operations so as to maintain quality and remain competitive in a globalised environment (Tandoc, 2010:78).... At every point of operations management, knowledge and deliverables are typically transferred for the implementation of delivered work....
11 Pages (2750 words) Essay

Operations Management

Technology in Operations Management The improvements in technology have changed the crucial features of operations management in several organisations.... Operations Management Table of Contents Operations Management 1 Table of Contents 2 Introduction 3 Technology in Manufacturing Operations 4 Analysis of Proctor & Gamble 5 Technology in Quality Management 6 Technology for Quality Improvement in Ford 7 IT in Supply Chain Management 8 IT in Supply Chain management of McDonald's 11 IT in Inventory Management 12 IT Solution for Inventory Management in OrthoRehab Inc....
10 Pages (2500 words) Essay

Operations Management

icro level operations keep track of operations at an individual, resource, process and structure level, while macro level operations are concerned with only the system approach.... In fact the role of operations manager has been on an increase with increasing... A number of Micro operations therefore make way for one Macro operation.... And a number of Macro operations in turn complete the entire business process.... For a University, micro-level operations are generally taken care of by the individual faculty teachers, staff members or the students, while macro level operations are looked after by departmental heads, administrative officers or Classes....
8 Pages (2000 words) Essay

Operation Strategy and the Factors Affecting Operation Strategy

operations strategy is concerned with developing the operations of a particular organization in such a way that they are in line with the conditions of the market that are needed to be fulfilled in order to run a successful and profitable business.... Each function of the company then derives their separate strategy to support the firm's values and vision and the operations that are needed to support that strategy help develop the operational strategy....
9 Pages (2250 words) Essay

Operations and Supply Chain Management

In the paper 'operations and Supply Chain Management' the author provides the analysis of the case study on Don Moos methodology to incorporating effective management to gain a positive return.... The case study on Don Moos provides the examples and theory to operations strategy in effectively manage supply chain management.... The case study outlines how Don Moos was not just a larger than life personality in Forth Worth Texas, however, how his exploits as a cowboy, gunfighter showcased effective elements in operations management....
10 Pages (2500 words) Dissertation

Variation in the Capacity and Demand in Healthcare Operations

The motivation behind the increased need in knowing patients flow is brought about by the relative changes witnessed health care operations.... The increased concept among healthcare providing institutions to outperform close rivals in the industry, management in health care operations matches with the supply of merchandise or service, and is often viewed to be an operational problem.... Most hospital systems remain venerable on improving management hospitals as they develop strategies in meeting the institutional challenges....
8 Pages (2000 words) Essay
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.
Contact Us