Operation Strategy For An Organization And It Is A Key Towards Success

Operations management refers to all levels of an organisation and how best to efficiently convene, fund, maintain and maximise its services and/or operations, both internal and external. The core goal/objective of operations management it to maximise outputs while reducing and minimising the inputs required to achieve the desired results.

Operations refers to the transformation of raw materials(inputs) into finished products(outputs). The operations process is one of the key business functions and is a crucial component to business success. Like every business, Qantas is affected by many internal and external influences requiring it to have effective strategies to respond to these influences. Businesses that are able to adopt and utilise effective operational strategies are able to quickly adapt and either reduce or take advantage of these influences that impact the business. The effectiveness of these strategies can measured by Qantas’ performance and whether or not it is able to hold it’s competitive advantage. How well these strategies respond to the influences on

“The American Heritage Dictionary of the English Language defines ‘tactics’ as: ‘The technique or science of securing strategic objectives…’ There is a distinction between strategy and tactics. Strategy deals with overall planning and direction, while tactics deals with the actual processes and maneuvers used to carry out the strategy” (Hearn, 2011,

One of the first steps in helping a struggling reader is to be able to reach out and assist the areas where they are lacking. One way a teacher can assist is to help the students discover and set reading goals for themselves. Having a reading goal can help the students have a purpose for reading. Some students may need motivation and a reason to read if the ease of reading isn’t there for them. Having a goal may help these students feel the sense of reading has a purpose. Trying new procedures and having organizational strategies can be beneficial to teachers when helping students achieve their reading goals. Michael Opitz and Michael Ford have found organizational strategies to be successful when implemented in the classroom as part of the reading strategy. According to Michael Opitz and Michael Ford, “when teachers are able to expand the way they think and use Guided Reading it will help the students become more successful at reading.” (Hillman, 2002). The concerns from Opitz and Ford are as follows: 1. Roles and Goals; 2. Assessment and Grouping; 3. Texts; 4. Instruction; and 5. Organization and Management.”

Here, from my readings, I will define the two related terms and concepts which are the corporate strategy and Strategic Operations Management. Then, I will discuss the link between them. Next, I will provide four perspectives of the operations strategy. Finally, I will highlight some examples from the operations strategy of Jaguar Land Rover and how it is helping the company to achieve its business objectives.

The role of operations management is vital in planning and managing the way that inputs for the business are transformed. Ultimately, operations management is trying to achieve a competitive advantage for their organisation through improved efficiencies, product quality, reduction of cost and product differentiation.

Operations Management explores the way organizations produce and distribute goods and services. Everything you wear, eat, sit on, use or read comes to you courtesy of the

As of 2008, there are approximately 765,000 personnel employed as sworn officers in local and state law enforcement agencies throughout the United States (BJS, 2011) with an additional 105,000 law enforcement personnel in approximately 65 federal agencies as of 2004 (BJS, 2006).

According to Meyer, (2010), strategy is the action that company can take to achieve its desired goals. When it comes to a company, thinking can be said to be either long-term or short-term. When translated into action, it is what is called operations or projects. However there are differences between operations and

The   course   packet   and   the   textbook   Operations   Strategy:   Principles   and   Practice   by   J.   A.  Van  Mieghem.     Other  textbooks  that  can  give  complementary  viewpoints  on  operations  strategy:     1. Operations  Strategy:  Competing  in  the  21st  Century.    S.  L.  Beckman  and  D.  B.   Rosenfield.  McGraw-­‐‑Hill,  2007.   2. Operations,  Strategy,  and  Technology:  Pursuing  the  competitive  edge.  R.  Hayes,   G.  Pisano,  D.  Upton  and  S.  Wheelwright.  Wiley,  2005.   3. Operations  Strategy  by  Slack  and  Lewis.    Prentice  Hall,  2003.   4. Manufacturing  Strategy  by  Hill.    Irwin  McGraw-­‐‑Hill,  2000.     Other  business  books  that  may  be  of  interest  to  students  taking  this  course:     1. Supply  Chain  Management:  Strategy,  Planning  and  Operations  by  Chopra  and   Meindl.    Prentice  Hall.   2. Clock  Speed  by  Charles  H.  Fine   3. Mass  Customization

As I seek to enter the workforce/company, one of the first things that I wish to remember is the importance the company has placed on their strategic planning and goals. How decisions made by this team will directly affect the operations, finance, accounting, purchasing and administrative departments. The things that help to make any organization successful, are the value the organization places on their strategic, and operational goals. Therefore, before taking a position with a company I hope to learn as much as I can about the various functions of the company, and how each department works with the next in order to achieve these goals. Thus, I hope to use the knowledge I have gained in this class in operations management to access the company’s operational strategies. This should be reflective in their mission and vision statements as well as their financial reports. I would also look for the value they place on ethics, corporate responsibility and giving back to the community. I feel a company’s success will be directly tied to how effective they are in meeting the daily challenges of processes/production/service, operations, and sales. The value placed on these specific areas will be evident by their success and reflective in both their short and long term goals, in their financial statements.

Part of EnerMech’s strategy is to expand its global footprint into the western hemisphere, due to the location of the oil in gas in politically unstable countries for example Brazil and Colombia. Since 2010, oil production has flattened out entirely. In 2013, Brazil averaged only 2.7 million bpd of oil production, which is where it was three years ago. This is due to corruption and money laundering in the major Brazilian oil producing companies. http://oilprice.com/Energy/Energy-General/Problems-At-Petrobras-Mount-As-Brazils-Oil-Production-Stagnates.html Local content legislation is also obstructing production. With

Strategy literature offers many techniques and models suited for systematic strategic analysis. The SWOT analysis, the PESTEL analysis, the Five Forces analysis framework are the prime examples of techniques that can be adopted for strategic analysis. This assignment will use PESTEL and Five forces model to analysis the environment of CRH plc.

Operational management processes in a firm involves overseeing, formulating and reformulation of the operations of a business. The processes are meant to ensure efficiency in administering resources whilst ensuring there is effective management of client’s specifications and or directions. This is achieved by adding value to the firm’s processes. Such achievements are experienced when a firm embarks in directing its physical and or technical functions towards enhancing its development, production and manufacturing. These should be pre-determined and controlled by market opportunities if a company is to reach its ultimate production levels. Their realisation adds up to ensuring the future of a firm, offering operational

Management should be able to clearly distinguish between strategy and operation issues. They should focus on the corporate vision; Defining what the organization will look like in the future.