Introduction of operations strategy, Operation Management

Introduction of Operations Strategy

The term strategy, given in the Collins English Dictionary is, 'the art or science of the planning and conduct of a war; generalship; a long term plan for success, especially in business and politics'. Therefore strategy is all about the decisions and actions necessary to obtain long term success. Although by success we generally mean competitiveness or survival. Andrews (1971) refers to strategy as, 'rivalry among peers, for prizes in a defined and shared game'. An apocryphal story tells of a body of soldiers, completely surrounded by the enemy, and far from its base. The Brigadier sits at the entrance to his tent for some considerable time, staring into the blue sky. Eventually, he summons the Colonel and orders him to get all of the troops safely back to base. 'Can you suggest how I might do that, sir?' the Colonel pleads, to which the Brigadier replies 'That's your responsibility. I decide strategy - you implement it'.

Operations strategy is therefore the process of decision making which establishes the role, objectives and activities of operations in order to continually support the organisation's strategic direction by creating a suitable infrastructure and set of distinctive capabilities.

 

Posted Date: 3/18/2013 1:40:02 AM | Location : United States







Related Discussions:- Introduction of operations strategy, Assignment Help, Ask Question on Introduction of operations strategy, Get Answer, Expert's Help, Introduction of operations strategy Discussions

Write discussion on Introduction of operations strategy
Your posts are moderated
Related Questions
Two Industrial engineers (IE) manage two adjacent subassembly lines separated by a buffer with a fixed capacity as shown in the figure below. They are good friends but they like me

You buy a 5 year bond with a 8% coupon rate, a YTM of 8% and a $80,000 face value. What will your annualized holding period return (HPR) on this investment be if you hold the bond

Do you have the test associated with the book Cost Management A strategic Emphasis, 5th edition

Garden Variety Flower Shop uses 740 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs a

Discuss the characteristics of effective teams? What are the challenges managers face when managing global teams?

In the light of a rapidly changing business landscape, it is imperative for firms to monitor the six major environmental forces: demographic, economic, social-cultural, natural, te

Review the "Noodles and Company - Service Process Design" Could Noodles restaurant's service operation be successful by combining the characteristics of the three contrasting servi

A product is currently made in a job shop, where fixed costs are $4,500 per year and variable cost is $10 per unit. The firm sells the product for $70 per unit. What is the break-e

Examples of Variations - Operations Function Volume                                                                                                 Low: Small quantities

There are four critical success factors that are important for effective risk management, supportive organization, comment people, appropriate methods, tools and techniques, and si