A cost-benefit analysis based on your data

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Reference no: EM132165835 , Length: 7

Operations Improvement Plan

Objectives

This assignment helps you develop the skills to master the following course competencies:

· Develop innovative and sustainable solutions to strategic and global operations management challenges.

· Apply theories, models, and practices of global operations management to address business problems.

· Integrate operations management analyses into general business management planning and decision making.

· Communicate in a manner that is professional and consistent with expectations for members of the business professions.

Instructions

In this assignment, you will submit your completed operations improvement plan. Your final OIP should be divided into five basic components:

· Process identification.

· Process improvement.

· Definition of the problem statement.

· Measurement strategy.

· Data collection and evaluation tools.

You have developed each of these components as individual assignments and you have updated them as your OIP has developed. Take into consideration all of the research and groundwork you have completed thus far.

Incorporate feedback from previous assignments as well as the tools, techniques, and methodologies you have examined throughout the course.

Finalize your comprehensive OIP as if you were to present it as a formal recommendation to the organizational leaders at your client company. Focus your writing appropriately for that audience.

As you complete this last assignment of the course, you are encouraged to review your own discussion board posts and previous assignments for material you might incorporate here. Also, as always, please consider the scoring guide.

Your completed OIP should include the following elements:

1. A problem statement, including an overview of the challenge that your client company is facing, with a brief history and description of the situation.

2. A description of the key challenge or problem you have chosen to address in your client company's organizational processes, and an analysis of its organizational impact, based on theories and models of global operations management.

3. An executive summary of the collected and processed data, including actual data, if possible, or assumed data, if necessary.

4. A cost-benefit analysis based on your data.

5. A description of your innovative and sustainable solution that reflects strategic global operations management concepts and practices.

6. Your recommendations for supporting the improvement of the selected process, based on practices of global operations management.

7. An explanation of the data or findings that validates your recommendations.

8. The visuals, diagrams, and flowcharts you have developed to support and integrate your analysis into general business management planning and decision-making processes.

9. A conclusion.

10. A comprehensive reference list.

Submission Requirements

· Written communication: Written communication should be free of errors that detract from the overall message.

· APA formatting: Resources and citations should be formatted according to current APA style and formatting standards.

· Resources: Minimum of 4 sources required. At least one is required from The Wall Street Journal.

· Length of paper: 7-15 typed, double-spaced pages.

· Font and font size: Times New Roman, 12 point.

Reference no: EM132165835

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