Chapter 9 Flashcards
What is operations strategy formulation?
the articulation of objectives & decisions (actions, plans, objectives)
What are the 4 stages of operations strategy?
Formulation –> Implementation –> Monitoring –> Control
How do you align market requirements and operation’s resource capability?
FIT framework - alignment = line of fit
How do you achieve alignment?
1) understanding markets
2) understanding resources and processes
How do you analize these 2 areas to formulate operations strategy?
1) market requirements: SWOT
2) resources: abstract, aggregated, focus on core capabilities
What are challenges of operations strategy formulation?
- 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
What 4 questions do you need to ask yourself when looking at the operation strategy matrix?
Comprehensive?
Coherent? (horizontal)
Correspondant? (vertical)
Critical?
Who is responsible for strategy implementation?
1) staff: formulation, monitoring…
2) line: day-to-day activities
–> dilema with staff
How can you make remarks on the implementation process (assessment)
Line of fit - current resources & requirements compared to intended ones
What are the roles of a central operations function in implementation?
Trainer (teacher/consultant)
Govenor (messenger/judge)
Curator (recorder)
Facilitator (mentor)