Strategic Decisions for every Operations Manager | Rowtons Training by Laurence Gartside
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 businessโs competitive advantage to stand out from the competition by focusing efforts to excel in certain key-areas of importance to its target customers.
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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
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๐ญ ๐๐๐๐ ๐๐๐๐๐
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๐ข ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐: International Freight and Shipping
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โ ๏ธ ๐๐๐
๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐ : Inventory Control
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๐ ๐๐๐s: ๐๐๐ ๐๐๐๐
๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐-๐
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๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐s
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๐จโ๐ผ๐ผ Follow me on LINKEDIN for the latest operations management trends and insights
๐๐ผ linkedin.com/in/laurence-gartside/
๐จโ๐ซ Our MBA style business school courses cover the business school fundamentals of Operations Management, Supply Chain, Inventory, Logistics, Lean Manufacturing and more!
๐ชJoin the tens-of-thousands of professionals who have already studied with us and you too can turbo-charge your career and your business!๐ฅ
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#OperationsManagement #kpis #businessperformance #manufacturingbusiness
ะัะบััะปะตั: 18
Love the StarCraft reference, excellent video; much applicability for my new operations role.
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
Haha, glad someone gets it :)
Thanks for this video. A combination of factors is necessary in the organization operations.
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
Very true. What others would you add?
Thx Laurence!
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
You're welcome!
Thanks for your valuable information
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
Glad you enjoyed it. Plenty more coming soon!
@Sky1111-
2 ะถัะป ะฑาฑััะฝ
@@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?
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
Certainly a huge topic and growing in importance and urgency every month. How's your organisation working on it?
@kerstinmarx2354
2 ะถัะป ะฑาฑััะฝ
@@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 .
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
I hope you enjoy adding some operations to your expertise :)
@zemedkunmersha2103
2 ะถัะป ะฑาฑััะฝ
@@LaurenceGartside Yes,many thanks
Great Jokes ๐
@LaurenceGartside
2 ะถัะป ะฑาฑััะฝ
You're too kind. You'll make me blush ;)
@sm00thad
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@@LaurenceGartside ๐