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Operations strategies essay writer

May 30, 2018

In the contemporary business environment, the elaboration of the effective business management strategy is crucial for the overall success of the organizational performance and business development. At the same time, many organizations face substantial difficulties with selecting an efficient business management strategy. The difficulty is determined by multiple factors. In this respect, it is necessary to take into consideration such factors as the diversity of business strategies available to them and the progress of the management theory which offers organizations with diverse strategies, which could be potentially effective and successful. However, the problem is that organizations have to adapt business strategies that meet requirements and needs of organizations (Meisel and Schlichting, 2007). What is meant here is the fact that organizations have specific organizational culture, they operate in different industries, and they have different goals and experience of operations. In such a situation, different business management strategies may have a different impact on the organizational performance and the implementation of different strategies would lead to different outcomes. At this point, it is possible to refer to organizations operating in the construction industry, which needs to maximize the effectiveness of their performance and to maintain the high quality of their products and services.
At the same time, some business management strategies are particularly popular in the contemporary business environment. In this regard, it is worth mentioning the Six Sigma strategy and the Lean Six Sigma strategy. To put it more precisely, the Lean Six Sigma business strategy is one of the recent trends in the development of Six Sigma strategy, which is grounded on the improvement of the Six Sigma strategy and involves the involvement of certain improvements being made. At this point, it is worth mentioning the fact that the Six Sigma strategy focuses on the improvement of the business management through the focus on the high quality of products and services and internal business processes within organizations. In this regard, Lean Six Sigma strategy is adapted to lean construction. In fact, the Lean Six Sigma strategy is the new trend in the development of the Six Sigma but it implies the development of the quality management, whereas the Lean Six Sigma strategy maintains the traditional focus on the quality (Hoare, 2010). For instance, the Lean Six Sigma strategy promotes the idea of the introduction of the total quality management in organizations. In such a way, organizations may need the development of Lean Six Sigma strategy, if they operate in the construction industry. On the other hand, the effects of the implementation of the Lean Six Sigma strategy on the organizational performance and business development of organizations operating in the construction industry are still unclear because this strategy is relatively new and needs detailed study and analysis before mass implementation in the construction industry. At the same time, the success of the Six Sigma strategy provides organizations operating in the construction industry with the larger opportunities for experimenting and introducing the Lean Six Sigma strategy or its elements in their business management (Pande and Holpp, 2002). Therefore, on the one hand, the Lean Six Sigma strategy has a considerable potential, taking into consideration the success of the Six Sigma strategy, but, on the other hand, the Lean Six Sigma strategy is under-researched and its effects on organizations operating in the construction industry are uncertain but organizations may try to use this strategy or some of its elements to introduce some improvements in their organizational performance and business development.

Purpose of Assignment

The purpose of the learning team assignment is to offer students the opportunity to investigate their understanding of how globalization affects a company’s strategic plan. Additional objectives include allowing students to assess the effectiveness of strategic alliances in the growth process of a company and to understand the necessity for innovation to create a sustainable long-term organizational environment. The students will also identify how organizational structures facilitate company growth and controls in the global environment.

Assignment Steps

Create a 10- to 12-slide Microsoft® PowerPoint® presentation (excluding the title slide and references) with speaker notes and address the following topics:

THIS IS A TEAM ASSIGNMENT SO I ONLY  NEED 3 SLIDES WITH ONE STRUCTURE PER SLIDE…MUST HAVE SPEAKER NOTES ON EACH SLIDE WITH ONE REFERENCE

Extract of sample
Operations Management for Creating Competitive Advantage

The report also evaluates the various financials behind the activities as well as the budget that may be required.

PROBLEM FACED BY TESCO
The problem faced by Tesco is that of sustaining its market leader position. Competition from Sainsbury and other leading retail stores is a big threat for Tesco and it does not want to lose out on market share to these competitors. Thus, improving on operations management is one of the basic things that it can do. The various issues that it primarily faces with respect to operations management are that of layout, location selection, supply chain management and inventory.

METHODOLOGY
The methodology that was used was that of secondary sources. Books were referred and internet resources were checked to get information on the general theories of operations management as well as the way operations management is used in Tesco.
RESEARCH ON TESCO AND IDENTIFICATION OF KEY ISSUES OF OPERATIONS MANAGEMENT THAT TESCO FACES

Founded in 1919, Tesco is one of United Kingdom's leading companies. It is an international chain, retail based, which initially used to sell grocery but with time, has diversified into general merchandising. In Britain, it has the prestigious title of being the top most and the largest retailer, if measured through global sales as well as the market shares that they have captured on a domestic level, within Britain. So be it be the domestic competition or the international competitors, Tesco has left them all behind. Tesco also has improved over the years and thus has secured the fourth best and largest retailer in the whole world in the top ten countdown of the year 2008. Thus, the whole alignment and setting of the top five retailers got altered because of the increase in...
In this report, Britain-based company Tesco has been aimed and its operations management activities have been analyzed. Recommendations on how OM activities can be improved have also been given. The report also evaluates the various financials behind the activities as well as the budget that may be required.
This paper makes a conclusion that the problem faced by Tesco is that of sustaining its market leader position. Competition from Sainsbury and other leading retail stores is a big threat for Tesco and it does not want to lose out on market share to these competitors. Thus, improving on operations management is one of the basic things that it can do. The various issues that it primarily faces with respect to operations management are that of layout, location selection, supply chain management and inventory. The methodology that was used was that of secondary sources. Books were referred and internet resources were checked to get information on the general theories of operations management as well as the way operations management is used in Tesco. Tesco is one of the largest retail stores of UK, thus it needs to constantly improve and out do its own self to maintain the leader position. For this, productivity and efficiency has to be increased with time. This can only be made possible if Tesco invests in better operations management, since it will give a sure shot competitive advantage to the company over its competitors. ...

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