Chapter 9 Flashcards

1
Q

What is operations strategy formulation?

A

the articulation of objectives & decisions (actions, plans, objectives)

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2
Q

What are the 4 stages of operations strategy?

A

Formulation –> Implementation –> Monitoring –> Control

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3
Q

How do you align market requirements and operation’s resource capability?

A

FIT framework - alignment = line of fit

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4
Q

How do you achieve alignment?

A

1) understanding markets
2) understanding resources and processes

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5
Q

How do you analize these 2 areas to formulate operations strategy?

A

1) market requirements: SWOT
2) resources: abstract, aggregated, focus on core capabilities

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6
Q

What are challenges of operations strategy formulation?

A
  • organizations - inertial forces
  • operations’ resource profile - existing investments influence subsequent decisions
  • investment bias - invest further into resources that have proved successful
  • history - difficult to change system
  • political forces - compete for resources
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7
Q

What 4 questions do you need to ask yourself when looking at the operation strategy matrix?

A

Comprehensive?
Coherent? (horizontal)
Correspondant? (vertical)
Critical?

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8
Q

Who is responsible for strategy implementation?

A

1) staff: formulation, monitoring…
2) line: day-to-day activities

–> dilema with staff

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9
Q

How can you make remarks on the implementation process (assessment)

A

Line of fit - current resources & requirements compared to intended ones

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10
Q

What are the roles of a central operations function in implementation?

A

Trainer (teacher/consultant)
Govenor (messenger/judge)
Curator (recorder)
Facilitator (mentor)

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