Operations Management Reading Operations Strategy Marco Iansiti Alain Serels 2013
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1. Executive summary The Operations Management Reading Operations Strategy (OPS) book, written by Marco Iansiti, Alain Serels, is a brilliant and engaging to operations management. It covers the theoretical foundations of the subject, along with practical tools for real-world operations. It is a great book for anyone who wants to understand the core principles of operations management and how to apply them to their business. I would highly recommend this book to anyone looking for a solid to operations management. 2. Background and Objectives of the OPS
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In today’s world, every industry faces enormous growth challenges. And the companies, which were once able to manage and control these growths, are now being forced to restructure their operations as a result of the rapid growth of markets, rising labor costs and a global economy that is constantly in a flux. The new operational model – in our case the one which was developed by the late Marco Iansiti, Alain Serels and Yann Besson at the INSEAD School of Business – is meant to help companies to achieve that. It’s
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“I have been working as an operations manager for five years, and have been involved in several challenging projects. One project in particular was challenging because the company has had to implement a new system to streamline its supply chain. The system involved a significant increase in inventory and required the establishment of a new warehouse. The project required considerable resources, and the management team needed a comprehensive understanding of the system to ensure that it would be successful. To understand the new system, I attended a two-day training course, which provided an in-depth overview of
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– Porters model analysis In Operations Management, the Porter’s Five Forces analysis is used to assess the competitive landscape, which is the set of relationships among suppliers, customers, buyers, rivals, and government, the three types of firms that operate in the same industry, and also stakeholders that affect firm profitability and success. It is a powerful and simple tool that can be used by managers to understand their competitive situation and make informed decisions about how to allocate their resources. The Five Forces Model analysis uses four force parameters,
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In 2013, I did an internship with [Company Name], and I was in charge of the operational management team. We had several projects to handle, and I had to work with them to ensure that they were executed successfully. In this paper, I will discuss the key elements of a successful operational management strategy and how we successfully executed our projects. Overview: Our company is a manufacturer of various products. We manufacture [Product Type 1] (P1), [Product Type 2] (P2), and [Product
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“The operational strategy, or ‘management by objectives’, is a concept that has been used for the management of many organizations. It enables a more effective allocation of resources, thus increasing the efficiency and performance of the operations. additional reading The operational strategy may be applied to specific organizations or industries, and the implementation and effectiveness of the strategy are subject to various factors. However, this strategy may be particularly useful for small and medium-sized enterprises, since they often require resources and techniques that are not well adapted to large corporations.” — Marco Iansiti Now
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