Strategic Decisions for every Operations Manager | Rowtons Training by Laurence Gartside
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- เผยแพร่เมื่อ 31 ส.ค. 2021
- 3 Strategic Decisions for every Operations Manager
Operations Strategy is about setting the core guiding principles for an operations function's overall approach and decision making to help contribute to the higher success of the organization. Done well, operations strategy can form an essential part of a business’s competitive advantage to stand out from the competition by focusing efforts to excel in certain key-areas of importance to its target customers.
𝐅𝐑𝐄𝐄 𝐌𝐢𝐧𝐢 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐮𝐫𝐬𝐞 - 𝐓𝐡𝐞 𝐅𝐨𝐫𝐠𝐨𝐭𝐭𝐞𝐧 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 𝐨𝐟 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭
📚 rowtonstraining.com/om-forgot...
Only after the overall business objectives and strategy have been defined, can each function begin to create and review its own strategy to align with it. This is where the operations leadership must begin their most important long-term thinking and strategic planning.
Whist the full topic of operations strategy would involve aligning with business strategy, market requirements and internal capabilities and resources, here we will look at 3 of the most fundamental and decisions that form the very essence of what an organisation is and does.
1. What to do: Make vs Buy
2. Where to do it
3. How to compete
𝐅𝐑𝐄𝐄 𝐌𝐢𝐧𝐢 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐮𝐫𝐬𝐞 - 𝐓𝐡𝐞 𝐅𝐨𝐫𝐠𝐨𝐭𝐭𝐞𝐧 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 𝐨𝐟 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭
📚 rowtonstraining.com/om-forgot...
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💻🌐 𝐒𝐞𝐥𝐟-𝐒𝐭𝐮𝐝𝐲 𝐎𝐧𝐥𝐢𝐧𝐞 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐂𝐨𝐮𝐫𝐬𝐞𝐬🚀💯:
📊 𝐎𝐏𝐄𝐑𝐀𝐓𝐈𝐎𝐍𝐒 𝐌𝐀𝐍𝐀𝐆𝐄𝐌𝐄𝐍𝐓 𝐀-𝐙
🔗 rowtonstraining.com/course/op...
🏭 𝐋𝐄𝐀𝐍 𝐌𝐀𝐍𝐔𝐅𝐀𝐂𝐓𝐔𝐑𝐈𝐍𝐆 𝐀-𝐙
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🚚 𝐒𝐔𝐏𝐏𝐋𝐘 𝐂𝐇𝐀𝐈𝐍 𝐌𝐀𝐍𝐀𝐆𝐄𝐌𝐄𝐍𝐓 𝐀-𝐙
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🚢 𝐋𝐎𝐆𝐈𝐒𝐓𝐈𝐂𝐒 𝐌𝐀𝐍𝐀𝐆𝐄𝐌𝐄𝐍𝐓: International Freight and Shipping
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📦 𝐈𝐍𝐕𝐄𝐍𝐓𝐎𝐑𝐘 𝐌𝐀𝐍𝐀𝐆𝐄𝐌𝐄𝐍𝐓 𝐀-𝐙
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⚠️ 𝐒𝐀𝐅𝐄𝐓𝐘 𝐒𝐓𝐎𝐂𝐊 𝐂𝐀𝐋𝐂𝐔𝐋𝐀𝐓𝐈𝐎𝐍 : Inventory Control
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📈 𝐊𝐏𝐈s: 𝐊𝐄𝐘 𝐏𝐄𝐑𝐅𝐎𝐑𝐌𝐀𝐍𝐂𝐄 𝐈𝐍𝐃𝐈𝐂𝐀𝐓𝐎𝐑𝐒 𝐀-𝐙
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📊𝐒𝐔𝐏𝐏𝐋𝐘 𝐂𝐇𝐀𝐈𝐍 𝐊𝐏𝐈s
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𝐅𝐑𝐄𝐄 𝐄-𝐁𝐎𝐎𝐊- 𝟏𝟎 𝐬𝐭𝐞𝐩𝐬 𝐭𝐨 𝐏𝐫𝐨𝐩𝐞𝐥 𝐲𝐨𝐮𝐫 𝐂𝐚𝐫𝐞𝐞𝐫 𝐢𝐧 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭
📚 rowtonstraining.com/propel-yo...
#OperationsManagement #kpis #businessperformance #manufacturingbusiness
Love the StarCraft reference, excellent video; much applicability for my new operations role.
Haha, glad someone gets it :)
Thanks for this video.
A combination of factors is necessary in the organization operations.
Very true. What others would you add?
Thx Laurence!
You're welcome!
Thanks for your valuable information
Glad you enjoyed it. Plenty more coming soon!
@@LaurenceGartside im related to this
Look forward to seeing other videos
Surprised you don't mention ESG / environmental aspects as a crucial aspect of competing in the year 2021 and beyond?
Certainly a huge topic and growing in importance and urgency every month. How's your organisation working on it?
@@LaurenceGartside Thanks for responding. With the climate crisis looming and polls showing that consumers (in the UK and elsewhere) increasingly demand that companies provide products and services that contribute to the greater good, not just their own profits, It would be great to have this - important but admittedly very complex - subject picked up by operations experts / thought leaders like yourself. Like many companies, my own employer started addressing the issues in our industry with a mix of "we need to figure this out" and greenwashing... Your current video is all about competing successfully - thoughts on how to drive efficiencies (and, ultimately, stay relevant in the eyes of consumers) through new, sustainable ways of operating would be super interesting to see moving forward. Again, thank you for responding.
Sir ,operations management is not my main course . I am student of accounting .
I hope you enjoy adding some operations to your expertise :)
@@LaurenceGartside Yes,many thanks
Great Jokes 😂
You're too kind. You'll make me blush ;)
@@LaurenceGartside 😂