Operation strategy in organisations, Operation Management

Operation Strategy in Organisations

1. There are three schools of thought in strategic thinking: rationalist, evolutionist and some combination of both. 

2. There are multiple dimensions to measure the performance of an operations system. Trade-offs exist among these dimensions. 

3. The emphasis on trade-offs or simultaneity can be explained by the relative position of a company within Porter's productivity frontier model. 

4. The product life cycle plays a significant role in determining operational competitive priorities. 

5. Various dimensions of operations performance have been categorised by Hill (1993) into order qualifying, order winning and order losing criteria. 

6. The rational school appears to favour the simultaneity approach and there are a number of approaches to the development of an operations strategy based on multiple competitive priorities including Hill, Platts, Gregory and Slack. 

7. There is an emerging approach to the development of operations strategy that suggests that it may be beneficial not to focus on the so called dimensions of operational performance such as cost, delivery time, quality etc dictated by the market, but to consider the adoption of a resource-based view of the firm where some resources are core while others are strategic competitive or peripheral. The most significant of these resources will be scarce and not easily replaced. 

8. The approach to developing an operations strategy appears to be more focused on manufacturing companies than service companies. There is an assumption that the approach is common to both manufacturing and service.

Posted Date: 3/18/2013 4:08:37 AM | Location : United States







Related Discussions:- Operation strategy in organisations, Assignment Help, Ask Question on Operation strategy in organisations, Get Answer, Expert's Help, Operation strategy in organisations Discussions

Write discussion on Operation strategy in organisations
Your posts are moderated
Related Questions
Mathematical Analysis of the Normal Distribution Curve Mathematical analysis of the normal distribution curve has produced data tables which provide population statistics in r

All of the following are ways through which affirmative action can arise at the workplace except Answer through legal ways. Through judicial affirmative action. Consultant based af

how can make a plan for appropriate capacity of a cinema by replacing amount of standard seats with luxury seats?

States the numerical flexibility workforce? Numerical flexibility allows a firm to adjust quickly to changing levels of demand through increasing or decreasing the number of

Ford's (Case 4) challenge in meeting the needs of shareholders versus stakeholders. What ethical challenges and dilemmas might this pose? How should a corporate strategy be adju

1. What different kinds of management challenges these four CEOs faced as they took control of managing their different companies?

Strategies for Improving Productivity Attempts to improve the productivity of an organisation require the manager to become involved in the management of change. Without the a

Earlier in the class, we noted that communication is the glue holding organizations together. We might say that trust is the "oil" of the organization. With it, processes can opera

Briargrove is taking proposals for a Centralized Learning Network to be rolled out first in the corporate office in Dallas, TX and then across the organizational footprint. A priva

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i