Management and Operation

Management
and
Operation
(Task 3 and Task 4)

Cover Content
 Introduction
 Key Operational Functions
 Key Operational Approaches To Operations Management
 Importance and value of operations management
 External business environment factors
 Operational efficiencies
 Recommendations
 Conclusion
 References

Introduction
 In an organisation operation transform resources or data inputs into
desired goods, services or results and create as well as deliver value to
customers.
 H&M are offering fashionable and premium quality of product at best
price in a sustainable way to its customers.
 The range includes everything from the sparkling gala outfits and
exclusive designer collaboration to everyday basis and high
performance yoga wear in order to maintain fashion and personality of
people.

Key Operational Functions
 Planning: Planning is an important operation function of an
organization as it involves setting objectives and determining course of
action for achieving those objectives.
 Organizing: Organizing is function of management that involves
developing an organizational structure and allocating human resources
to ensure accomplishment of objectives.
 Coordinating: Coordination is important between managers and
employees so that task are carried out without any deviation.
 Controlling: Controlling ensure that performance dose not deviate