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Three Concepts Of Operations Management

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Three Concepts of Operations Management & Business Models “Operations and project managers must be attuned to the characteristics of the organization and the demands placed on them to increase efficiencies and effectiveness” (Satterlee, 2013, p. 237). It is within these characteristics and demands that you will find the three most important concepts of operations management and business models, total quality management (TQM), project management and operations management.
Operations Management Operations management includes developing procedures that ensure that the organization meets the organization’s strategic goals (Satterlee, 2009). A good operations manager will help an organization develop an operational plan that includes action plans, products, and outcomes (Satterlee, 2009). According to Zangiski, Lima, and Costa (2013), knowledge management is an important aspect of operations management. Furthermore, “the field of operations management has a great impact on companies ' costs and revenue, and seeks the improvement of products and services, and at the same time cost reduction, mainly through processes improvements” (Zangiski, Lima, Costa, 2013, p. 79).
Total Quality Management (TQM) Total Quality Management (TQM) has been a revolutionary concept in North American industry (Pearson, 2000). It is a purposeful technique that works to ensure satisfaction of both the internal and external customer (Satterlee, 2013). In other words,

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