Approaches of Operational Management

Management and
Operations
(PART -2)

Table of Contents
 Introduction
 Approaches of Operational Management
 Importance and Value of Operations Management
 Factors in the business environment that affect the decision
making of leaders and managers
 Concusion

Operations management is defined as an area which include controlling & designing of
operations that is associated with the production process of an association. Along
with this, it also involves redesigning of operational activities that assist companies
to gain higher growth as well as development. The important role of higher
authorities is to manage and control overall activities in order to attain organisational
goals within given time frame.
INTRODUCTION

Approaches of Operational Management
There are different approaches of operation management that helps an
organisation to generate higher profits and increase market share. The
approaches of operation management that is used by Aston Martin are
discuss below along with the role of leaders and managers play in these
approaches:
 Six Sigma