Week 1 Flashcards

1
Q

What is a process?

A

’’ A process can be described as ‘‘organised arrangement of resources and activities that transform inputs into outputs aimed at satisfying internal and external clients.’’

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2
Q

In terms of what can you describe the aim of a process.

A
  • Clients: The aim of a process can be In terms of clients. Clients can be distinguished between internal clients, external clients.
  • Outputs: The aim of the process can be In terms of providing an output which is the goods services and products received by the clients.
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3
Q

What is the difference between outputs and outcomes?

A
  • Outputs represent what the clients receive
  • Outcomes represent the benefits to the client after receiving the output and using It for example being able to access phone apps.
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4
Q

In terms of what can you describe the transformation of a process?

A
  • Outputs - You can describe the transformation that occurs in terms of an output as the goods products and services transformed by the processes.
  • Inputs - You can describe the transformation that occurs in terms of inputs and physical material are transformed in the process.
  • Activities - You can describe the transformation Identifiable and defined tasks used to transform inputs into outputs.
  • Resources - You can describe the transformation in terms of resources. This is the factors of production used to transform inputs into outputs.
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5
Q

In terms of what can you describe the organisation of the process?

A
  • Work Plan - This is the logical and chronological arrangement of resources and activities appropriate for the transformation of inputs into outputs, for example an Ikea instructions document.
  • Context - The conditions that influence how we can perform an activity. For example some sort of regulation or law in the context will influence the way you perform an activity.
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6
Q

What makes up the element of transformation

A

Inputs → Process → Outputs

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7
Q

What makes up the element of organisation?

A

Context , processes and and resources

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8
Q

What is performance in general terms?

A

Performance is the capacity to go a given process to generate value to the firms and its client in an effective and efficient way.

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9
Q

Define value

A

Value is worth and desirability of the actors performing the process

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10
Q

How should firms evaluate value according to the ‘triple bottom line’

A
  1. Profit - A firm can be sustainable if it generates profits, as this attracts investment.
  2. People - A firm can be sustainable if they improve the quality of life for their workforce.
  3. Planet - A firm can be sustainable if they protect the environment in the way they operate
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11
Q

What does an effective and efficient performance mean?

A
  • Effectiveness - Represents the capacity to generate outputs that attract interest and satisfaction of the clients. Greater effectiveness increases revenue since clients are more willing to pay for products/services.
  • Efficiency - Represents represents the capacity to generate outputs outputs with as few inputs, resources and tasks as possible. Greater efficiency decreases the costs associated with the process.
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12
Q

Briefly state and explain the 7 ways performance can me measured.

A
  1. Operating performance - This is what the output can do. For example the operating performance between a Ferrari and Nissan can be observed with acceleration etc.
  2. Features - The number of operating performances that a single product/service can handle. E.g features of an iPhone is much greater than the features of a brick Nokia.
  3. Reliability - The probability of malfunctioning or failures within a given time period.
  4. Durability - The amount of use one gets from a product before it deteriorates. For example Duracell advertised the dimension of durability as their trademark.
  5. Serviceability - The speed and competence of an after sale service. For example returns customer service.
  6. Aesthetics - The looks, feels, sounds, tastes and or smell of the product and services.
  7. Perceived quality - The perception that clients have of the product/service. E.g musicals are familiar with this as critics have different views on the output.
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13
Q

What the 3 different dimensions of time to produce an output

A
  1. Time to market - Time from the concept of the output to its market launch.
  2. Manufacturing/Service lead time - Time from the clients placing and order of an output to its delivery to the client.
  3. Production lead time - Time from the start of production to its completion.
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14
Q

What are the 3 different costs to produce an output?

A
  1. Production costs - the costs associated with the transformation of inputs into outputs (e.g materials, labour, machinery)
  2. Quality control costs - The costs associated with preventing and detecting quality failures (e.g inspection costs)
  3. Quality failure costs - Costs associated with the production of defective outputs (e.g reworks, and customer complaints)
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15
Q

Define the flexibility of the processes

A

This is the capacity to change what service we deliver to the clients and/or how the service is delivered to clients.

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16
Q

What are the 4 different types of the flexibility of the processes?

A
  1. Product/service flexibility: This is the idea that customers can choose between different products or services.
  2. Mix Flexibility - This has 2 interpretations: in a service setting which is relates to the capacity to mix and match for example different combinations in a burger shop. In a manufacturing setting this refers to whether machines and equipment can manage variations in products.
  3. Volume flexibility - Can the service manage flexibility in different places and ways. E.g the NHS invested in volume flexibility when it invested in ventilators.
  4. Delivery flexibility - Can the service be delivered in different places and in different ways. Amazon have invested heavily in this.
17
Q

Define the dependability of the processes

A

Dependability is the capacity to ‘keep promises’ and to perform at an adequate level time-after-time.

18
Q

What are the 6 different ways dependability can be measured.

A
  • Availability over time
  • Reliability - performing tasks as planned
  • Safety - does not harm anybody
  • Security - Does not breach information confidentiality
  • Durability - i.e it lasts longer than expected
  • Maintainability - i.e the services and products do not deteriorate without possibility of corrections.
19
Q

What are the 5 performance objectives?

A
  1. Cost
  2. Time
  3. Quality
  4. Flexibility
  5. Dependability
20
Q

Define the term improvement

A

Improvement simply means to ‘‘make something better or more specifically close the gap between current and desired performances of a process’’

21
Q

What are the 4 ways that stimuli to improve the processes can be triggered?

A
  1. New discoveries - in terms of technologies
  2. By suppliers - Inputs usually come from other firms and they become specialised in this which provides a stimuli to improve the process. For example car companies often get pieces such as braking systems from more specialised firms.
  3. Regulations and guidelines - These regulations and guidelines may cause firms to develop new ways to improve the product.
  4. Changes in resource availability - Introduction of new resources that can help improve the process. For example WBS, triggered a number of changes in the process of delivering lectures.
22
Q

What are the 3 ways in which the improvement can be achieved?

A
  1. Change - The process has moved from one state to another.
  2. Innovation - A specific kind of change where we have introduced something new in the firm or market.
  3. Invention - Introducing something new where we have introduced something that didn’t exist before.
23
Q

What are the 2 ways in which we can distinguish how significant the improvement is?

A
  1. Radical change (or innovation) - A major change which transforms processes and the organisation and potentially introduces new products or services.
  2. Incremental change - a gradual modification to the existing processes, products and services that occur through the the reduction of wastes and inefficiencies in the organisations.
24
Q

What are the 2 different ways of how often we improve ?

A
  1. Continuous improvement - i.e systematic a systematic approach to change/improvement which never stops and constantly looks for stimuli to change.
  2. Project-based improvement - a temporary approach to change/improve which occurs at a fixed period.