Saturday, July 27, 2019

The scope of Operations Management is a necessity critical to making effective business propositions in order to address and aggregate productive work performance. Is this really true?

Operations management is undoubtedly a critical component of making the kind of propositions that make improvements in work performance possible.
Operations management is essentially about planning and organizing the staff and resources required to get the job done. Efficiency is a key word in any operations manager's job description, and any proposed increase in the company's productivity or work performance boils down to effective operations management.
The type of propositions that would lead to improvements in work performance includes (but is not limited to) increasing output in a factory, changing the types of raw materials used, and implementing a new assembly line. All these actions fall under the scope of operations management.
For example, if a factory that manufactured golf clubs proposed branching out into the manufacture of baseball bats, operations managers would be required to source the materials required for these baseball bats, acquire the machinery required to make them, and build the new manufacturing process into the factory time schedules.
https://www.topmba.com/mba-programs/what-operations-management


The field of operations management allows businesses to think about how they might allocate effort to achieve what economists call an efficient frontier. For a set of mutually exclusive business functions (put simply, functions that an employee cannot accomplish simultaneously), an efficient frontier is the allocation of work to each of those functions that is predicted to maximize return.
Of course, businesses can still operate without landing on an efficient frontier, and no business can claim that it actually achieves perfect efficiency. This is because human projections about any complex system, such as business behaviors and their outcomes, are never completely accurate. However, to approach perfect competition with other businesses, learning about operations management and implementing certain principles can reduce unnecessary friction, or inefficiency.
Operations management also provides frameworks for extracting useful metrics about individuals' work performance in order to give constructive feedback.

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