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Critically discuss the importance of operations strategy to operations management - Essay Example

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Operations Management 1. Introduction In any company, operations management plays a key role in achieving desired set of goals and objectives properly. Operations management is one of the main departments of a company, which deals with all operations needed to run the business…
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Critically discuss the importance of operations strategy to operations management
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Critically discuss the importance of operations strategy to operations management

Download file to see previous pages... It is a plan, which makes an organization utilize all available resources in an effective way. “Operational strategy begins with defining your business in terms of the present opportunity in relation to the customer and product of the business” (Wasmund 2006). Managers need to develop operations strategy by focusing many important factors, which include corporate strategy, business strategy, operational experience, and emergence sense of what ideas should included in the strategy. An operations strategy holds extreme importance in the overall organizational functions because it drives the organization towards achievement of desired goals in an efficient manner. An operations strategy needs to be comprehensive, appropriate, consistent, coherent, and all-inclusive in nature in order to move the organization towards success. Operations management includes complete processes whereas operations strategies include the plans to assist managers in the management of those processes. The management of operational activities, which accepts inputs in order to delivers usable outputs, is called operations management (Sankaranrayanan 2011). Operations management incorporates the use of both operational strategy and operational efficiency to manage the business activities. Operational strategy includes a proper set of plans developed to achieve competitive advantage in the market. ...Download file to see next pagesRead More
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