Insights in concepts of operations management - Clorado, Jaclyn Andrea C PDF

Title Insights in concepts of operations management - Clorado, Jaclyn Andrea C
Author Jaclyn Andrea Clorado
Course Accountancy
Institution University of Saint Anthony
Pages 3
File Size 70.4 KB
File Type PDF
Total Downloads 32
Total Views 224

Summary

Download Insights in concepts of operations management - Clorado, Jaclyn Andrea C PDF


Description

Clorado, Jaclyn Andrea C. BSA-3

Insights in Concepts of Operations Management As to reality,operations strategies concept drives a company’s operations, the part of the business that produces and distributes goods and services. Operations strategy underlies overall business strategy, and both are critical for a company to compete in an ever-changing market. With an effective ops strategy, operations management professionals can optimize the use of resources, people, processes, and technology. In operations management, it needs to ensure that everything is tackled and that appropriate approach in the problems are addressed. Operations management needs to focus on the overall problem, instead of just the techniques. This is because no tool in itself will be able to present a universal solution. The problems or risks should be identified first, evaluate it and formulate appropriate recommendation on how will the management overcome it. As to the organization , planning and controlling concept are two separate functions of management, yet they are closely related. The scope of activities if both are overlapping to each other. Without the basis of planning, controlling activities becomes baseless and without controlling, planning becomes a meaningless exercise. In absence of controlling, no purpose can be served by. Therefore, planning and controlling reinforce each other. All of the individuals in the management, from the top management to the lower-levels, within a production facility, everything within the operation is interconnected. All of these elements have to be consistent and predictable. Without it, the operation will not be able to achieve an outcome for profit. A proper communication is needed for them to harmoniously interact with each other and to avoid various barriers that could affect the execution of the different operations happening within a certain company or entity. Organizing involves assigning tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. During the organizing process, managers coordinate employees, resources, policies, and procedures to facilitate the goals identified in the plan. In humility, it relates to the risk management concept which is the process of identifying, assessing and controlling threats to an organization's capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters. The managers as well as those in the top management should exercise caution in every actions and decisions that they have to implement. Trial and error process are extremely costly, which is why it is

important for managers to understand that they have limitations. This will save money and time and help production in the long run. To have a greater return, they should take risks but they should also exercise caution in taking risks. Humility generally refers to traits or behaviors associated with the willingness to see oneself accurately, valuing others’ strengths and contributions, and being open for learning. The stream of research on humility in management involves studies of humble traits or behaviors at individual or collective levels and impacts of humility on individual, team, and organizational outcomes. Contributors to this subject draw on advancements in positive, applied, and social psychology, as well as business ethics, and have provided important insights for leadership, teamwork, and organizational effectiveness. For the success concept, it is not always about the literal success of the actions and tasks that the management have done. While there are various definitions of what success may be within your production facility, the interest of your customer should always be taken into account. If you wish to be successful, you have to keep your customers happy and coming back. The customers are always the priority because they are the one who’s behind the success, they are the one who gives a company a profit coming from the sales of good or services. Finally, in accountability, those who are in charge in the different activities happening within the operations should be responsible enough to be accountable for anything that will happen on the operation related to the one that they are tasked for. Being accountable is key within running a manufacturing operation. Managers are expected to be able to set rules and metrics while also checking on a frequent basis if these goals are being met. Accountability is a must. Accountability also has a strong connection to expectations. Employees who do not meet the expectations of their supervisor are held accountable for their actions and must answer for their inability to do so. Accountability is crucial to ensuring high performance within an organization. However, managers must clearly communicate their expectations to the person who is responsible for the specified action or task. Clear communication of expectations and well-defined goals is a very effective tool to enhancing performance at every level of organization. Without defined goals, employees lack a frame of reference for how they are performing in the workplace. They are unable to rely on guidelines or a structure that helps them achieve their performance goals. In many organizations, the management team and board of directors create goals for themselves and the general manager, while the general manager creates goals for department managers. This process is replicated throughout the organization, down to the department managers who create goals for entry-level employees. Both subordinates and supervisors should have a clear idea of how their projects should be handled and delivered. A clear expectation level and the understanding that all employees are accountable for their performance boosts employee morale and productivity in the

workplace. However, because different individuals in large organizations contribute in various ways to a company’s decisions and policies, it is often difficult to identify who should be accountable for the results...


Similar Free PDFs