Operations Management: Approaches, Significance, and Role of Leaders
VerifiedAdded on 2023/02/02
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Report
AI Summary
This report delves into the core concepts of operations management, examining various approaches and their practical applications. It explores the significance of operations management in achieving business objectives, highlighting how it contributes to efficiency and profitability. The report also analyzes the role of leaders and managers in driving operational excellence, emphasizing the importance of strategic decision-making, employee management, and the implementation of quality management systems like Total Quality Management (TQM) and Six Sigma. The report also includes a review of Business Process Re-engineering (BPR) and how these are applied in companies like Uber. The report concludes with a discussion on the impact of innovative techniques and employee behavior on operational performance, providing a comprehensive overview of the key elements that contribute to effective operations management.
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