This presentation provides insights into the key approaches to operations management and the role of leaders and managers in achieving business objectives. It explains the importance and value of operations management in business and assesses the factors within the business environment that impact operational management and decision-making. The presentation covers topics such as total quality management, lean management, Kaizen approach, chaos theory, and management by objectives. It also discusses the importance of operation management in terms of product quality, customer satisfaction, and supply chain management. Additionally, it explores the factors within the business environment that impact operational management, such as organizational culture, corporate social responsibility, and organizational ethics.