Operations Management: Key Approaches to Operations Management Report

This report delves into the core aspects of operations management, emphasizing the critical roles of leaders and managers in shaping effective business strategies. It highlights key approaches such as Just in Time, Six Sigma, and Lean Production, detailing their significance in optimizing organizational processes. The report also underscores the importance of operations management in the design of products and services, quality management, and capacity and process design. Furthermore, it considers external factors like customers, employees, stakeholders, corporate social responsibility, and competitors that influence decision-making. The conclusion reinforces the formative nature of operations management and its role in ensuring smooth and systematic organizational activities. The report includes references to academic sources that support the presented concepts.

Management and
Operations

Key approaches to operations
management
Effective functioning of organisational activities is depending on roles and
responsibilities which are played by leaders and managers. As they are those
individuals who engage in the process of effective formation of strategies and
policies for company which will further aid company to conduct their business
operations in best effective manner. Key approaches are:
 Just in Time approach
 Six Sigma
 Lean Production

Importance of operations
management
 Operations management can be referred to as an area which is associated with
designing and re-designing as well as control of production activities across the
organisational premises. This is concerned with management of process where
inputs (raw materials, energy, labour etc.) are transformed into finished outputs
ready to be consumed (products or services).
 Design of products and services
 Quality Management:
 Capacity and Process Design

Factors within business environment
that affect decision making
 Customers
 Employees
 Stakeholders
 Corporate Social Responsibility
 Competitors
.

CONCLUSION
 As per the above mentioned report, it has been concluded that management in
operations is a formative process with the help of which overall activities of an
organisation can be effectively performed in a smooth and systematic manner.
For this both leaders and mangers play key essential roles in a different manner
but for a common objective.

REFERENCES
 Liu, B. and et. al, 2015. System operation and energy management of a
renewable energy-based DC micro-grid for high penetration depth application.
IEEE Transactions on Smart Grid. 6(3). pp.1147-1155.
 Mendis, N., Muttaqi, K. M. and Perera, S., 2014. Management of battery-
supercapacitor hybrid energy storage and synchronous condenser for isolated
operation of PMSG based variable-speed wind turbine generating systems. IEEE
Transactions on smart grid. 5(2). pp.944-953.