Management and Operations: Approaches, Significance, and Factors

This report provides an overview of operations management, covering the duties and accountabilities of managers, including understanding strategic goals, creating organizational strategies, and planning activity systems. It discusses various approaches to operations management such as Just in Time, Lean Production, Continuous Improvement, and Total Quality Management. The report highlights the significance of operations management in directing operations, gaining competitive advantage, improving quality and productivity. Furthermore, it evaluates the impact of political, economic, social, technological, legal, and environmental factors on operations management within the context of H&M company operations, concluding that a comprehensive understanding of these elements is crucial for effective production and service delivery.

Management and
Operations
Task 3 and 4

Cover Content
• Introduction
• Procedure of operation management
• Duties and accountability of manager in operations
• Approaches of Operation management
• Significance of Operation management
• Evaluating external factors of Operations
• Conclusion
• References

Introduction
Management operation is designing and
controlling the activity of manufacturing and plan
business operations in the production of goods
and services.

The operation management system
includes the following procedure
 Transformed resources
 Middle stage(Output product)
 Customers

Duties and accountabilities of the manager
in operations are as follows
 To understand the strategic goals of H&M
company operations.
 To create the concept and strategy for own
organization.
 To plan activity system with respect to the
product and services.

Approaches of operation Management
 Just in time
 Lean production
 Continuous improvement
 Total quality management

Significance of operation management
It is essential for an organisation to direct the
operative in the designed way.
 To get competitive advantage
 Quality improvement
 Productivity improvement

Evaluating the factors and its consequences
on the operation management
Political system:
The government creates a huge effect on the functional activity
of an organisation through its policy along with the tax rates.
Economic system:
The market trend are moving in the slow growth rate. It is
accountable for the allotment of the resources that are scare for
the business.

Continue..
Social system:
The demographic condition are to be examine when
scrutinizing social system.
Technological impact:
Innovation in the technology also going to influence the
operation management of the H&M company.

Continue..
Legal:
The legal facet are obtained from the alteration in both the
policies internally and externally in the firm.
Environmental:
Growth in the business has created connection among the
functions of the economy for the profit maximization.

Conclusion
From mention presentation it has been concluded that
operation and management is all about various role and
approaches that are required in production of products.

References
Bahmani-Firouzi, B and Azizipanah-Abarghooee, R., 2014. Optimal
sizing of battery energy storage for micro-grid operation
management using a new improved bat algorithm. International
Journal of Electrical Power & Energy Systems.56. pp.42-54.
Bahn, S., 2013. Workplace hazard identification and management: The
case of an underground mining operation. Safety science.57.
pp.129-137.
DeAnna, R and et. al., 2010. System for development, management and
operation of distributed clients and servers. U.S. Patent 7,730,111.
Eyal, P.O.S.T and Haim, R., Clarizen Ltd., 2014. System and method
for project management system operation using electronic
messaging. U.S. Patent 8,856,246.

Thank You