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

Find distance of hospital to furthest town is minimizes, Suppose a new hosp...

Suppose a new hospital is to be built to provide emergency medical healthcare service to 5 town w coordinates (5,6), (1,3), 13,7), (11,2), (18,1) on a map. The existing transportat

Explain project management best practice, Give five potential underlying re...

Give five potential underlying reasons why projects commonly fail. For each potential failure point that you name, identify at least one project management best practice or techniq

Explain career progression of individual, Explain career progression of ind...

Explain career progression of individual and performance appraisal. Performance Appraisal and Individual's Career Progressio: Performance appraisals assist in unearthing

Explain high quality information, Analysis: categorize the five common char...

Analysis: categorize the five common characteristics of high quality information and rank them in order of importance to carnival cruise.

Explain swot analysis of united airlines, Can you help me with the swot ana...

Can you help me with the swot analysis of united airlines?

Explain advertising budget, The production manager at company XYZ needs to ...

The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has b

Calculate the expected value of perfect information, Clay Why bark, a soft-...

Clay Why bark, a soft-drink vendor at Hard Rock Cafe%u2019s annual Rockfest, created a table of conditional values for the various alternatives (stocking decision) and states of na

Lean management , how can lean principles be applied further to a business?...

how can lean principles be applied further to a business?

Explain what is the bonds'' coupon rate, Metal Fabricators just issued $1,0...

Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' c

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