Platts and gregory approach - operation management, Operation Management

Assignment Help:

Platts and Gregory Approach - Operation Management

The Platts and Gregory approach has three steps and is based on the approach of comparing what the market wants with how the operations function performs. The three stages are as follows:

Step 1 The market position is assessed in terms of opportunities and threats faced by the organisation in its competitive market(s). It involves identifying the factors which are required by the market and compared to the level of achieved operations performance. The procedure compares 'profiles' of market requirements and actual operational performance. This is illustrated in this figure.

Step 2 The capabilities and practices of the operation are assessed in order to establish how they contribute to factors required by the market determined in step 1.

Step 3 Concerns the consideration of alternatives and development of new operations strategies in order to close the gaps identified in steps 1 and 2.

1178_Platts and Gregory Approach – Operation Management.png


Related Discussions:- Platts and gregory approach - operation management

Explain differentiate between validity and reliability, Differentiate betwe...

Differentiate between validity and reliability of a selection test. In other words, provide definitions of (1) validity and (2) reliability of a test.

Impact of multinational enterprises to their firm boundaries, Multinational...

Multinational enterprises (MNEs) have an impact far beyond their firm boundaries. Assume you are working for a small firm that supplies a product or service to an MNE. How might yo

Define all the consumer promotion tools, Define all the Consumer Promotion ...

Define all the Consumer Promotion Tools. Samples, contests, competition and money-refund offers, for consumers are Consumer Promotion Tools.

Reduce failures and improve productivity, Question: What Maintenance po...

Question: What Maintenance policies to be done by the operations manager to reduce failures and improve productivity? • Emphasize on suitable maintenance practices. • Give a

Explain erp implementation by cisco, 1. What can top managers do to maximiz...

1. What can top managers do to maximize chances for success here? 2. Cisco went live with ERP in a big bang fashion, which is inherently risky. How did Cisco mitigate this risk?

Define the importance of management systems, 1. Propose a definition of inn...

1. Propose a definition of innovation in your own words (50-100 words). 2. Compare the concepts of innovation, invention, and creativity. 3. Describe the relationship between

What role do alter agents play in the execution of a road, What things shou...

What things should be taken into consideration in the creation of a roadmap for a strategic plan? What are examples of external and internal change agents? What role do change agen

Determine the price to maximize profit, The Hickory Cabinet and Furniture C...

The Hickory Cabinet and Furniture Company has decided to concentrate on the production of chairs. The fixed cost per month of making chairs is $7,500, and the variable cost per cha

Describe how you would manage an hr technological change, Change is a given...

Change is a given. Explain how you would manage an HR technological change. What process might you use (cite theory as appropriate) to implement technological changes in a traditio

Describe short-range plans, 1. Henry Mintzberg identified three broad categ...

1. Henry Mintzberg identified three broad categories of roles that managers play. Briefly discuss the three broad categories. Give a workplace example of one of the roles contained

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