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 quality improvement process, A fishbone diagram as part of a six-si...

A fishbone diagram as part of a six-sigma quality improvement process might be found in which DMAIC category?

Explain rapidly changing business landscape, In the light of a rapidly chan...

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

What unique challenges do research provide for km, Critical thinking questi...

Critical thinking questions: what unique challenges do research and development labs provide for KM implementation? What is the benefit of MITRE's evolutionary approach to KM?

Explain what allowance factor is better when all of the jobs, The Arkade Co...

The Arkade Company has decided to use a 15 percent allowance factor based on job time. Calculate the standard time for each work element and for the total job. The frequency equals

Explain work breakdown structure, Develop a Work Breakdown Structure (WBS) ...

Develop a Work Breakdown Structure (WBS) for a project in which you are going to build a bicycle and identify two major components with three levels of details for each component

Process capability - statistical process control, Process Capability - Stat...

Process Capability - Statistical Process Control The controls charts described so far are concerned with maintaining the stability of a process, but they offer no comment on

Explain how does a company''s vision and plans affect, How does a company's...

How does a company's vision & plans affect its structure?

How to develop a crisis management program, You are a newly appointed VP of...

You are a newly appointed VP of a large oil drilling firm. One of your tasks is to develop a crisis management program for the company. Outline the basic steps in such a program

Explain general strategies in the business buying decision, Describe the ei...

Describe the eight general strategies in the business buying decision process

Explain employees effectively execute the strategy, Select a company that y...

Select a company that you believe uses its employees to achieve a competitive advantage. Discuss how the employees effectively execute the strategy and how the company can sustain

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