Explain tangible and intangible strategies, Operation Management

Assignment Help:

There are tangible and intangible strategies that organizations can evaluate their system effectiveness on. Based on Tangible value, Revenue increase, Cost decrease---labour, material, Process improvement---fewer errors, faster cycle time, Strategic improvements---market share, brand awareness, employee engagement, and customer satisfaction Intangible value, Improvement in decision making, Communication, Compliance, Collaboration, Agility, and Organizational competency. What is the most important strategy to measure return value? What is the least important? Explain the perspective.


Related Discussions:- Explain tangible and intangible strategies

Determine the biggest management challenge, What does Drucker see as the bi...

What does Drucker see as the biggest management challenge for the 21st century?  Answer: Improving the productivity of the office worker.

Explain what is the role of information systems, What is the Role of Inform...

What is the Role of Information Systems in the Learning Organization?

What is usefulness of flexible manufacturing systems, Q. What is usefulness...

Q. What is usefulness of flexible manufacturing systems to manufacturing operations? Flexible manufacturing systems (FMS) comprise a few machines with part and device handling

Layout s problems, what are the problems of layouts like: functional , line...

what are the problems of layouts like: functional , line layout in production & operation mangement subject

Who all are stakeholders affected by the stores'' decisions, Neda operates ...

Neda operates a small convenience store in a southern town that has a high tourist draw. After several years of operating the store, Neda has decided to no longer sell tobacco prod

Find range of annual volume, A firm plans to begin production of a new smal...

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-h

What are the types of the workforce flexibility, What are the types of the ...

What are the types of the workforce flexibility? Types of workforce flexibility: a. Functional flexibility (task flexibility or multi-skilled employees) b. Financial f

Describe what are the different types of strategies, What are the different...

What are the different types of strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for your organization?

Explain advantage most likely to endure over time, 1).What are the primary ...

1).What are the primary implications of the material discussed in this chapter for strategy formulation? 2). When is a company's competitive advantage most likely to endure over ti

Legal rules for recovery of the amounts, MJZ Corporation had a checking acc...

MJZ Corporation had a checking account with Gulfstream Bank. So that customers who close their accounts would not be embarrassed by having their checks bounce, the bank routinely h

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd