Here is another great diagram for our course which describes how these 10 om decisions give us a competitive advantage. The talents maybe those of an engineer or operations manager rather than a chef, but the task is the same. Pdf strategic operations management radhitya wirawan. Difference in application of operations management 10 decisions between a services operations hard rock cafe with that of an automobile company ford motor company. Understand the strategic significance of operations management to organizations of all kinds. Strategic financial management refers to specific planning of the usage and management of a companys financial resources to attain its objectives as a. Pdf organizational strategic planning, implementation. It was part of the companys turnaround and enabled the organization be more flexible and survive the financial crisis without taking government bailouts. Strategic management is the continuous planning, monitoring, analysis and assessment of all that is necessary for an organization to meet its goals and objectives.
Strategic decisions in operations and supply chain management deal with the toplevel, risky and complex issues. Identify the 10 strategic operations management decisions. The theme for volume1 is operations management concepts and strategy. Amazon ensures that its operations management om efforts satisfy the 10 strategic decision areas of its ecommerce business. Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. This article focuses on the use of strategic planning and management processes in municipal governments with populations over 25,000.
Strategic decisions deal with the range of organizational activities. What is strategic management, and why is it important. It is all about what they want the organization to be like and to be about. Googles operations management involves different management teams and goals. Input costs, labour costs, processing costs, inventory costs, quality management. A strategic role of operations is the management of costs. Strategic role of operations management business studies. Design of goods and services the car must be designed, tested and costout. Chapter 2 operations strategy in a global environment 33 control, health and safety, etc. As this title suggests, it contains the introductory and top down topics that embrace the conceptual and strategic. In operations management, these 10 decision areas address the various activities that contribute to organizational success.
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