5.1 The Role of Operations Management
Keep a Personal Checklist:
Define operations management [AO1]
Describe the relationship between OM and the other functions of a business [AO2]
Analyze how OM apply to all economic sectors [AO2]
Describe the production process [AO2]
Analyze how the production process 'add value' to output of goods and services? [AO2]
BE A CRITICAL THINKER: [AO3]
Using examples from organizations, discuss the 'triple line' - the three pillars of sustainability
How Does an OM Think?
And effective Operations (Production) manager is always connecting OM to all areas of business
Learning OM is an opportunity to make final connection to the entire content and tighten the understanding of business management.
Examine any organization's operations and try to find as any connections to all function of Business Management: Organization & environments, human resources, finance, and marketing
Featured work by Khushi & Gurleen
Click on the image top open up the Prezi presentation
The Three Pillars of Sustainability
This triple bottom line stresses the act that business decisions should not only consider financial aspects (i.e. breaking even and making money or shareholders) , but also the well-being o local communities and the natural environment.
Example, Economic Sustainability
Apple introduces Daisy, a new robot that disassembles iPhone to recover valuable materials
Example, Social Sustainability
At Apple, “open” isn’t just a word. It’s our culture. One that embraces faiths, disabilities, races, ages, ideologies, personalities, and differences.
Example, Ecological Sustainability
Apple announced that it was going to make all of its facilities run entirely on renewable energy.