Introduction of operations strategy, Operation Management

Assignment Help:

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.

 


Related Discussions:- Introduction of operations strategy

Explain differentiate between a workcentre, Differentiate between a WorkCen...

Differentiate between a WorkCentre and a manufacturing cell

Benchmarking - performance and productivity measures, Benchmarking - Perfor...

Benchmarking - Performance and Productivity Measures Benchmarking is the practice of comparing business practice and in particular performance between companies. It has become

Explain the major categories of information, Indicate the major categories ...

Indicate the major categories of information you would expect to find in a project review

Produce management report and operation management material, There are two ...

There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials. This assessment will develop and test your understand

Types of process technologies - job production, Types of Process Technologi...

Types of Process Technologies - Job Production Job one off or make complete are description given to the organization whereby the complete task is handled by a single worker o

Optimal capacity determination, Optimal Capacity Determination For a g...

Optimal Capacity Determination For a given capacity of a plant the average unit cost of production of a product decreases as the output rate( say in number of units produced p

Explain what is the multifactor productivity for each system, A grocery cha...

A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier

Explain forecast including trend for the month, A manufacturer of printed c...

A manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. At the end of December, the company wishes to forecast sal

Explain why marketing managers need research, Why do marketing managers nee...

Why do marketing managers need research and what is its role in decision making?

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