This presentation provides a description of operations management within Aston Martin, including key operations, roles and responsibilities of managers, and the impact of external factors on decision making. Recommendations for future improvement are also provided.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Leaders and Operations Management
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of content Introduction to organization Introduction to key operations of corporation Key operational functions with roles and responsibilities of manager Approaches to operations management and their value Impact of external business environment factors on decision making Enhancement of operational efficiency for accomplishing corporate objective Conclusion and suggestions for futuristic development References
INTRODUCTION This presentation seeks to provide description of operations management within the premises of Aston Martin, a large scale British auto-mobile company which especially produces luxury cars and grand tourers. The PPTwillprovideindepthinformationonAstonMartin'skey operations, roles and responsibilities of its manager, impact of external business environment factors and its effects over decision making of leaders and managers. At last recommendations will be provided to the respective company for future improvement.
Key operations of the business enterprise Businessenterprisesadoptsvariousoperationalactivitiesinorderto execute their key activities in rightful manner. In context of Aston Martin, the company is dealing in automobile industry which includes range of key operational activities. All of them are described as below: Transportation Production Promotion
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Contd... Transportation:It is considered as the effective operational area in which products of the company are transported from one place to another.WithreferencetoAstonMartin,itcanbesaidthat manufacturing of this company is performed at various locations. This simply means that for assembling and delivering final product to customers, the respective manager of this company transports products from one place to another.
Contd... Production:Manufacturingofproductsisconsideredastheanother effectual operational activity that is performed by Aston Martin. It is essential for the manufacturing team of respective company to emphasize on manufacturinghighqualityproductsandservicestocustomersfor enhancingtheirsatisfactionlevel.Byprovidingbetterservicestoits clientele Aston Martin can easily develop strong customer base that will provide them higher brand value in the near future.
Contd... Promotion:Marketing and promotional activities are basically executed in the company for enhance knowledge of customers about the range of productsandservicesofferedbythecompanyineffectivemanner. Incorporation of good promotional activities supports business associations in developing their positive image customers. This also provides them support in improvising their sales performance in rightful manner. In context of Aston Martin, the marketing manager of this company focuses on adopting social media, conferences, newspaper advertisement, hording etc. in order to promote their new launches as well as existing offering among customers in rightful manner.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Key operational functions along with roles and responsibilities Manager of every company has to perform various sort of roles and responsibilities within the company so that they can effectively attain their targeted goals and objectives in rightful manner. Some of the main roles and responsibilities executed by manager and leaders of Aston Martin at the time of implementing operational activities are explained one after another in rightful manner.
Contd... Transportation:The first and foremost role of manager of Aston Martin at the time of executing transportation as its core operational activity is to delivery manufactured products to the right place at right time in effective manner. It the responsibility of manager to delivery the same product at the provided time so that customers could satisfied in rightful manner. Along withthis,ifthesatisfactionlevelofcustomersremainsconstantand increases with the changing time then it directly increase their loyalty towards the same company.
Contd... Production:In thisoperationalarea the main role of Aston Martin's manager is to focus on consuming specific raw material so that high quality products could be produced. Here, the main responsibility of manager is to ensure that all the raw material must be available for the production team so that their efficiency remains constant. Also, with effective production speed it would be easier for the manager to meet up demand of market place by manufacturing desired number of vehicles of higher quality.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Contd... Promotion:It is essential for the manger of Aston Martin to adopt right promotional activity with which they can easily enhance awareness of customersabouttheircurrentofferings.Themainresponsibilityof marketing manager ofAston Martin to choose cost effective promotional techniques that could also provide them support in increasing their sales performance in quicker manner. This also results improvement in revenue generation figures as with right advertisement method it is easier for the company to promote its new offering. This will also result in the quick attainment of targeted goals and objectives of sales department.
Key operational approaches to operations management Operation management is termed as the effective management, designing as well as controlling of organizational activities so that they can improve their performance and maximize profitability of the company in rightful manner. There are numerous of operation management approaches that are adopted by business managers of the company whichsupportsthemoutinmaximizingtheirorganizational performance in appropriate way.
Contd... Total Quality Management (TQM):The main aim of using this approach is to improvise quality of the company in effective manner. The main focus of this approach in customers which makes it customer centered approach. Here, the main role of the leader of business enterprise is to emphasize on improving their production according to the changing demand of customers so that they can effectively satisfy them and also gain competitive edge in rightful manner.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Contd.... Six-Sigma:This approach to operations management focuses on using data and statistical driven methods so that they can effectively enhance performancelevelbyreducesnumberofdefectsatthetimeof manufacturing.Thisalsosupportiveinmaintaininguniformityin rightful manner as production in reducing its number of defects. Here, it is essential for the management team of Aston Martin, to involve expertise staff in production department so that they can easily maintain record of the defects.
Six-Sigma Continue… This also support them in identifying best suitable remedy by which they can easily reduce or eliminate defect which will ultimately improvise their quality level of products. As a result, it will ultimately increase sales performance as well as profitability as it has more number of satisfied customers.On the other hand, the role of the leader ensures to implement this approach effectively within the firm with the motive of reducing wastage within the company so that business can attain sustainability.
Contd.... Just in time:This approach simply states that every company should align all of its raw material in such a manner so that they produce products as per the demand of customers in effective manner. With reference to Aston Martin, it can be said that manager of this company ensures that they have strong relationship with suppliers so that required amount of raw material can be brought within the premises all the time so that they can easily manufactures products according to the requirement of market place.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Importance & value of Operations Management in achieving business objectives Operations management is referred to as the process that supports in executing organization in executing their work in adequate manner so that appropriate output can be generated without compromising with the quality. Its importance as well as value in attaining business objectives are stated one after another.
Contd.... Reduces manufacturing cost:Incorporation of effective operations management supports Aston Martin in reducing non worthy expenses. This simply reduces overall manufacturing cost and also helps them out in improving the quality of product they are offering to customers. Increases productivity:Operation management also supports managers in making use of all resources in adequate manner. This simply enhances productivity level of the Aston Martin as all work is performed in timely manner that leads to attainment of their predetermined target.
Impact of external business environment factors that affect decision making Business environment is consist of both the internal as well as external factors that places major influence over the decision making of leaders andmanagers.Thisinfluencecoulddirectlyaffectattainmentof organizational goals and objectives. External factors are considered as those one which cannot be changed or controlled by manager at the time of formulating strategies and policies for organizational growth.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Contd.... Political factors:Manager of Aston Martin ensures that all laws and regulations are followed by the company as the nations requirement.Along with this, leader of the respective company ensures to include all norms as well as regulations while making decision towards the employees. Also, it is essential for whole workforce within the enterprise to comply with the stated regulation of their respective departments while making decision in the same company.
Contd.... Economic factors:Manager ofAston Martin focuses on considering the economical factors and condition of the nation while making decisions towards finalizing for prices of the vehicles. On the contrary, leaders of Aston Martin emphasizes on including organizational procedures while making decision for the company which would result in the attainment of organizational objectives.
Contd.... Social factors:Manager of Aston Martin focuses on bringing innovation in their work according expectation of customers and latest trend in marketplace.On the other hand, leaders of this company ensures that all required resources are available for them while making effective decision towards the company. Technologicalfactors:ManagerofAstonMartinmakesuseoflatest technology in order to develop best auto mobile vehicles with unique features. Whereas, leaders of the company provides training to the workforce so that they could work according to the desired goals effectively.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Evaluation of how operational efficiencies can be improved Aston Martin's managers is mostly making use of Just in Time approach for improving their quality of production department. The respective approach is also supportive in saving cost of storage as it is only providing command to the production team as per the demand developed at marketplace. Here, it is essential for the management team of the company to provide regular based training to employees so that they develop themselves and also execute their work in rightful manner with higher quality.
Conclusions and supported recommendations for future improvements It is concluded that Six Sigma and Just in time are acknowledged ts best approach that is supportive for the company in utilizing available resources in rightful manner. Also, by acquiring TQM approach company could easily improvise its quality of products. In addition to this, it has been later on identified that laws, political system, society, values, ethics, economy are important factors which have influence over operational activity of the company. It is recommended to the manager of company to provide training to employees at regular basis so that they can upgrade themselves according to the changing time.
References Caniani and. et. al., 2015. Towards a new decision support system for design, management and operation of wastewater treatment plants for the reduction of greenhouse gases emission. Water.7(10). pp.5599- 5616. Jabbari-Sabet and. et. al., 2016. Microgrid operation and management using probabilistic reconfiguration and unit commitment. International Journal of Electrical Power & Energy Systems.75. pp.328-336.