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Tuesday, May 28, 2019

Management and Operations Management Theory Essay -- Business Manageme

forethought and Operations Management suppositionABSTRACTThis paper defines the four functions of management and the operations management theory. It then provides an epitome of how the functions of management the operations management.THE FOUR FUNCTIONS OF MANAGEMENTPlanning It is an act of formulating a program for a definitive course of action. The management defines a goal and puts fore its st setgies to accomplish the objectives defined.Organizing To divide the cook force into specialized groups and giving each(prenominal) group a specific task. Organizing also involves ensuring that a smooth flow of cultivation and co-ordination exists between these groups. Thus the basic aim of organizing is to simply divide the represent load and define the tasks while setting up deadlines in such a way that although different groups do different things but they all work together with the help of each other towards achieving the same goal which has been predefined. lede (Motivating) Leading or motivating is simply to influence the employee in such a way that their output for the task given is most competent. This includes communication with the work force, recognizing and relations with the problems they might be facing and also giving them good inducing to put in their best. Incentives can include best performance awards. Further on leading also comprises of maintaining discipline within the organization.Controlling This includes the analysis of the rate of achievement as compared to the objectives defined. If the rate of achievement is less than the original objectives, then specific measures are taken to make certain satisfactory contributes by increase the efficiency of the output by the work force. If the analysis shows a flaw in the original objectives, then they are to be corrected.OPERATIONS MANAGEMENT conjectureOperations management deals with all the operations within an organization. Activities that are included in operations management are quali ty control, logistics, evaluations, managing purchases, inventory control, product intention and production control.Operations management is simply defined as The design, operation and benefit of the internal and external systems, resources and technologies that create product and service combinations in all type of organization. Robert H. Lowson p.5It is important for an organization to... ...ciples or functions of management, then their operations management pull up stakes suffer a blow. As seen from above, it is highly important for any organization, whether manufacturing or non-manufacturing, to act upon the functions of management. A plan, its mode of action, execution and its analysis are important components for an organization. Their impacts on the operations management are positive and effective. As a result one cannot deny the need of implementing these functions of management, for a successful operations management and thusly a successful organization.REFERENCES(1) Robert H. Lowson - Book Title Strategic Operations Management The New Competitive Advantage. Publication course of study 2002. Page Number 5.(2) John N. Pearson , Jeffrey S. Bracker , Richard E. pureness - Article Title Operations Management Activities of Small, High Growth Electronics Firms. daybook Title Journal of Small Business Management. Volume 28. edit out 1. Publication Year 1990. Page Number 20+.(3) Michael E. Thorn - Article Title Applications of engineering science and Risk Management. Journal Title SAM Advanced Management Journal. Volume 66. Issue 4. Publication Year 2001. Page Number 4+. Management and Operations Management Theory Essay -- Business ManagemeManagement and Operations Management TheoryABSTRACTThis paper defines the four functions of management and the operations management theory. It then provides an analysis of how the functions of management the operations management.THE FOUR FUNCTIONS OF MANAGEMENTPlanning It is an act of formulatin g a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined.Organizing To divide the work force into specific groups and giving each group a specific task. Organizing also involves ensuring that a smooth flow of information and co-ordination exists between these groups. Thus the basic aim of organizing is to simply divide the work load and define the tasks while setting up deadlines in such a way that although different groups do different things but they all work together with the help of each other towards achieving the same goal which has been predefined.Leading (Motivating) Leading or motivating is simply to influence the employee in such a way that their output for the task given is most competent. This includes communication with the work force, recognizing and dealing with the problems they might be facing and also giving them good incentive to put in their best. Incentives can include best performance awards. Further on leading also comprises of maintaining discipline within the organization.Controlling This includes the analysis of the rate of achievement as compared to the objectives defined. If the rate of achievement is less than the original objectives, then specific measures are taken to make certain satisfactory results by increasing the efficiency of the output by the work force. If the analysis shows a flaw in the original objectives, then they are to be corrected.OPERATIONS MANAGEMENT THEORYOperations management deals with all the operations within an organization. Activities that are included in operations management are quality control, logistics, evaluations, managing purchases, inventory control, product design and production control.Operations management is simply defined as The design, operation and improvement of the internal and external systems, resources and technologies that create product and service combinations in any type of organization. Robe rt H. Lowson p.5It is important for an organization to... ...ciples or functions of management, then their operations management will suffer a blow. As seen from above, it is highly important for any organization, whether manufacturing or non-manufacturing, to act upon the functions of management. A plan, its mode of action, execution and its analysis are important components for an organization. Their impacts on the operations management are positive and effective. As a result one cannot deny the need of implementing these functions of management, for a successful operations management and thus a successful organization.REFERENCES(1) Robert H. Lowson - Book Title Strategic Operations Management The New Competitive Advantage. Publication Year 2002. Page Number 5.(2) John N. Pearson , Jeffrey S. Bracker , Richard E. White - Article Title Operations Management Activities of Small, High Growth Electronics Firms. Journal Title Journal of Small Business Management. Volume 28. Issue 1. P ublication Year 1990. Page Number 20+.(3) Michael E. Thorn - Article Title Applications of Technology and Risk Management. Journal Title SAM Advanced Management Journal. Volume 66. Issue 4. Publication Year 2001. Page Number 4+.

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