This article explores the nature of operations management in companies aligned with sustainable goals. It discusses the strategic management of resources, daily operations, and the importance of sustainability and ethics. The case study focuses on Hydro Tasmania, a company that generates renewable energy.
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Running head: OPERATIONS MANAGEMENT Operations Management Name of the Student Name of the University Author Notes:
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1OPERATIONS MANAGEMENT Table of Contents Introduction......................................................................................................................................2 Company overview..........................................................................................................................2 Daily operations...............................................................................................................................3 Strategic Management of Resources...............................................................................................4 Sustainability and ethics..................................................................................................................5 Conclusion.......................................................................................................................................6 REFERENCES................................................................................................................................7
2OPERATIONS MANAGEMENT Introduction It can be said that the nature of operations of a country who are aligned to the sustainable needs of the community vary from the companies that do not. There is a certain degree of difference in the operations of the supply chain of a company aimed towards achieving sustainable outcomes as compare to that of companies who are aimed towards the achievement of profit oriented goals. The nature of operations of the companies determine their effectiveness in the long run. The strategic resources that are available for capitalization of the company, the operational functions of the company and the identification of the value chain of the company, determine the effectiveness of the sustainable initiatives of such a company. the aim of the paper is to critically assess the mode of operations of the company in terms of sourcing the material or resources that are needed for the operations of the company, the identification of the value chain, the ethics incorporated within the same and the nature of effectiveness of the functional departments that will justify the viability of the operations of the company. Company overview HydroTasmanianhasbeenrecognizedasone ofthemostsustainablyintegrated companies. The company was established in 1929 and the headquarters of the company is established in Hobart (Hydro.com.au, 2019). The nature of operations of the company can be identified from the name of the company. Hydro or water is the source from were the company generate the power and supply the same is produced in Tasmania and supplied to the latter and the rest of the country (Hydro.com.au, 2019). The main of operations of the company is related to supply of renewable energy to the community. The main aim of the company is to contribute the sustainability of the environment by contributing to the society with sustainable forms of
3OPERATIONS MANAGEMENT energy. The energy that is provided by the company is renewable in nature and the strategic plans that are devised by the company help in contributing to the sustainability issues of the society. The company employs over 1100 people in the country and 750 among the employees of the company are Tasmanians (Hydro.com.au, 2019). The company has been recognized as one the largest producers of electricity from renewable resources. The annual power generation of the company is around 9000-gigawatt hour of energy (Hydro.com.au, 2019). The power that is generated by the companies is considered to be enormous as the energy is sourced from renewable forms of energy. the power is generated by capitalizing the innovation that has been successfully carried out by the company. the energy is sourced from wind energy and solar panels. Other than energy, the company produces wind energy and gas. The company has more than 30 power stations throughout the country and 2600 watts of power is supplied by the company direct to the residence of the people (Hydro.com.au, 2019). The company has been contributing to the sustainability of various small-scale businesses in the country and has been chosen as the suitable partner for many businesses in the country. Daily operations The operations of a Hydro Tasmania go through various stages on a regular basis (Bahadori, Zahedi & Zendehboudi, 2013). It is the role of the people associated with the operations of the company to ensure that they are taking care of each component of the plan that is associated with smooth functioning of the plants. There are several duties that entrusted upon the operators in the power plant (Zhang et al., 2013). From, controlling the power generation equipment to selection of the resources that are necessary to incorporate smooth functioning of the former ensures that the operations among in the power generation plan goes smoothly. A regular process of monitoring is carried out regularly to ensure the proper functioning of the
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5OPERATIONS MANAGEMENT policies are implemented in the company in a certain way. The economic management of the company complies with the five-year corporate plan of the government of Tasmania. 2.Human Resource Management: The human resource policies in the company abide by the Fair work act 2009 (Macdonald & Charlesworth, 2013). Discrimination is not tolerated in the organization and there are policies related to awareness against the same. Thecompany’sHumanResourcepolicieshavebeenabletocontributetothe sustainability of the employees and thus have been recognized as suitable employer. This helps in gaining employee engagement, which results in achievement of the strategic goals of the company (Breevaart et al., 2014). 3.Product management: The products that are offered by the company is in the form of electricity. The nature of the product makes it risky for use (Wang, 2013). Thus, the company hasto go through various safety standardsthatare associatedwith the consumption of the products. They have been able to maintain teams who are responsible for ensuring the safety of the end users of the power that is supplied by the power plant, along with the assets such as power generation centers, hydro pumps, dams and others. The power or product that is supplied by the company certified by the Essential Services Commission. Furthermore, the products and services that are offered by the company are subject to regulations, legislative requirements and standards that the company is seen to abide by. Sustainability and ethics The nature of operations of the company are deemed to be ethical in nature. The services that are offered by the company help in solving the problems associated with scarcity of electricity while contributing to environmental sustainability issue. It has been seen that power
6OPERATIONS MANAGEMENT generation plants in general emit a high amount of waste and by products while operating. Furthermore, it has been noticed that the companies who generate power use non renewable sources of energy to generate power are likely to gain appreciation from the community (Kerr et al., 2015). The mode of operations of Hydro Tasmania is completely different as they pay importance to the environmental protection aspect. It can be said that if a company is directly aligned with the sustainable aims in terms of environment welfare, they are likely to gain support from the consumers, and the regulatory bodies and also gain attention government of the country or state that they are operating in (Tilman & Clark 2014). Furthermore, the company has policies that ensure the well-being of the employees of the organization and have frameworks through which the can provide products safely to the consumer community. Thus, the initiatives of the company and the nature of operations of the same are deemed to a competitive advantage for the company. Conclusion On a concluding note, it can be said that the nature of operations of Hydro Tasmania are aimed as sustainable development of the environment. The power that they generate is sourced from hydro generators and wing turbines. There are high degrees of regulations that are associated with the smooth functioning of the organisation in terms of achieving the strategic goals of the company. It has also been witnessed that effective monitoring is required in daily operations of the power plants which is further carried out even during the distribution of the same.
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7OPERATIONS MANAGEMENT REFERENCES Bahadori, A., Zahedi, G., & Zendehboudi, S. (2013). An overview of Australia's hydropower energy: Status and future prospects.Renewable and sustainable energy reviews,20, 565-569. Breevaart, K., Bakker, A., Hetland, J., Demerouti, E., Olsen, O. K., & Espevik, R. (2014). Daily transactionalandtransformationalleadershipanddailyemployeeengagement.Journalof occupational and organizational psychology,87(1), 138-157. Elliston, B., Macgill, I., & Diesendorf, M. (2013). Least cost 100% renewable electricity scenarios in the Australian National Electricity Market.Energy Policy,59, 270-282. Hydro.com.au. (2019). About us. Retrieved from https://www.hydro.com.au/about-us Hydro.com.au. (2019). What we do. Retrieved from https://www.hydro.com.au/about-us/what- we-do Kerr, S., Colton, J., Johnson, K., & Wright, G. (2015). Rights and ownership in sea country: implicationsofmarinerenewableenergyforindigenousandlocalcommunities.Marine Policy,52, 108-115. Macdonald, F., & Charlesworth, S. (2013). Equal pay under the Fair Work Act 2009 (Cth): mainstreamed or marginalised.UNSWLJ,36, 563. Noe, R.A., Hollenbeck, J.R., Gerhart, B. and Wright, P.M., 2017.Human resource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education.