BUS 515 BUS515 Complete Course
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BUS515 week 1 Discussion 1
"Understanding OM" Please respond to the following:
Compare and contrast an existing organization’s three major functions (i.e., finance, marketing, and operations), and then justify the interdependence that operations have to finance and marketing. Provide examples to support your rationale.
Analyze the role of an operations manager, and then determine three challenges that an operations manager will respond to differently within a manufacturing industry as opposed to a service industry.
BUS515 week 1 Discussion 2
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You have noticed that your organization’s current operations strategy is not supporting the challenges that the organization is presently facing. In order to maintain a competitive edge, you must address these challenges with your Chief Executive Officer immediately.
Select an existing production organization. Analyze the organization’s current vision, mission, business strategy, operation strategy, supply chain, total quality management, just-in-time philosophy, forecasting method, statistical technique, facility location, work design, project life cycle, and project management. Note: You will need this information in order to complete this and subsequent assignments.
As you collect the information for Assignment 1 and Assignment 2, remember that in Assignment 3 you must prepare a presentation for your Chief Executive Officer.
Write a three to five (3-5) page paper in which you: 1. Evaluate key elements of the selected production or service organization’s operational efficiency with its operational strategy. Determine three (3) tasks that do not align with the operational strategy. Determine the weaknesses that are evident in each task. 2. Formulate a new operations strategy for the selected organization based on the four (4) competitive priorities (i.e., cost, quality, time, and flexibility). 3. Analyze both the structure of the
In conclusion, the returns of the all ordinaries index are not very good during the study period. Furthermore, it seems unlikely that the variations of the time index will have any impact on the change of the all ordinaries index. Nevertheless, the prediction of the all ordinaries index are almost not influencing by the variation of the time
The scenario upon which this paper is based relates to the British Airways Swipe Card Debacle case study from the textbook, Managing Organizational Change: A Multiple Perspective Approach (Akin, Dunford, & Palmer, 2009). The purpose of this paper is to analyze and discuss the organizational change associated to the implementation of a new swipe card system that led to strike of over 250 British Airways check-in staff, losing 40 million pounds and negatively effecting the company’s reputation. Additionally, this paper will relate the case study to several change approaches (organizational development, sense-making, change management, contingency, and processual) and identify key issues. Additionally, this
• explain operations as an organizational functional area; i.e. to present a list of the areas covered by the operations management function, the problems and decisions faced in these areas and the methods and models for approaching these problems;
The First aspect to consider the Objectives and Goal-Setting that help to clarify the vision of the business. Important facts to consider in this step is to define the short and long objectives, set the actions that help to accomplish the objectives and last distribute the task among employees. In addition is necessary for this step to write the mission statement and communicate the goal with shareholders and staff. The second aspects were Analysis which consists in gathering the necessary information and data that will allow to accomplish the vision and help the business to grow. In addition, at this stage is important to identify the strength and weakness of the company. The third aspects were Strategy Formulation which is the process where information is a review, and business resources are identified. The Fourth aspect is Strategy Implementation, this stage is critical to the business because it is the action stage so if the strategy implemented did not work new structure installed at the beginning of this stage will overcome the issue. Employees within the organization also must be aware of their responsibilities, duties, and goals. Evaluation and Control are the last aspects to take into account and consist of review the internal and external issues and set corrective issues. A good evaluation begins by defining the parameters to be measured, monitoring internal and external take corrective actions that will move the company forward. Indeed, “the success of monitoring depends on the initial quantitative objective used in the plan’s development” (Berkowitz 2017, page
* Choose at least two OM activities in Exhibit 1.1 from Chapter 1 of the text. Evaluate how each of the activities impacts the management of goods and services that Zappos provides. Include one to two examples
1. Create or describe a strategy for your firm, as operationalized by Collis and Rukstad. Be sure to be comprehensive and specific when separately describing your
3) Describe the nature of the operations given your newfound understanding of operations management and productivity.
Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it
I. Generating Value A. Evaluate how the company (Nissan) in the case study uses operations management functions to provide products and generate value for its customers. Support your claims with examples from the case study or outside sources.
Question “1”: Roles and activities of a manager (explain one theory by linking with the case study):
Slack, N. & Lewis, M. (2003) OPERATIONS STRATEGY STUDY GUIDE. (Chaps 13 – 15). Available on road.uww.edu/road/puesr/250465/Chapter Study Guides.
As my course in Operations Management comes to an end it is time for me to analysis all that I have learned in MGTU-315. To reflect on the knowledge I’ve gained from key concepts, and putting them to practical use in analyzing the operations strategy, performance, and the planning and control of our group project. In this essay I will discuss what key concepts and their relationships with various mythologies, along with my thoughts on how they may be applied in real situations at work. As an example I will be using the issues I had my summer in my small business.
To begin, I would review the corporate strategy provided by my boss for the overall direction on how to execute our organization’s functions. I would use corporate’s OGSM to develop an operations strategy concentrating on their strategies and measures as the operations and supply management’s objectives and goals. The operations unit will use the corporate OGSM to determine how we can contribute to the success of the corporate strategy and plan to meet the company’s needs. Based on the objectives and goals assigned, I would determine which critical measures relate the most to corporate’s vision for the company. I would then evaluate our processes, their results and their impact on the company to see what processes need the greatest
An organization can best achieve significant competitive advantage by focusing on operational excellence, which can be described as smart, agile and aligned.
Operations management (OM) is that phase of an organization where inputs are put into operations to acquire required output (services) without compromising on quality. In other words operations management is also described as combining and transforming various resources in the operations sub-system into value added services in line with formulated policies of the organization. (Kumar and Suresh, 2009)