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What is a strategy?
Strategy is the determination of the basic long-term goals and the objectives of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals.
Operations Strategy
y Strategic planning exercise Enables an organisation to respond to the market needs in the most effective manner By aligning various resources and activities in the organisation To deliver products & services that are likely to succeed in the market y Operations Strategy Is a process by which key operations decisions are made that are consistent with the overall strategic objectives of a firm Decisions in the operations function are made on the basis of the inputs from the overall corporate strategy
Operations Strategy
Customer Needs Alignment Operations Strategy Decisions Processes, Infrastructure, and Capabilities Core Competencies Corporate Strategy
Core Competence
Competitiveness derives from an ability to build, at lower cost and more speedily than competitors, the core competencies that spawn unanticipated products. Core competencies are the collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies. Core competence is about harmonizing streams of technology technology. Core competence is about the organization of work and the delivery of value value. Companies need to do a better job of leveraging technologies and offering a wider variety of products on the same technology platform. .
CORE COMPETANCE .
HOW TO IDENTIFY ?
WHAT IT DOES BEST WHAT IT CAN DO.. OTHERS CANNOT DO WHAT WILL PERMIT IT TO ACHIEVE THE BEST IN THE WORLD STATUS(GAP) W.R.T . WHAT IT CAN NOT DO DEVELOP PLANS TO FULLY EXPLOIT CAPABILITIES
OM Decisions
Strategic Decisions Design Decisions Operating Decisions
Yamaha announces plans for a new factory, making it the worlds largest motorcycle manufacturer (1981) Honda responds Yamaha wo tsubusu!
Questioning The Process ``It is always amazing how many of the things we do will never be missed. And nothing is less productive than to make more efficient what should not be done at all. Peter Drucker