Question: Identify how changes within an organization affect the OM strategy for a company. For instance, discuss what impact the following internal factors might have on
Identify how changes within an organization affect the OM strategy for a company. For instance, discuss what impact the following internal factors might have on OM strategy:
a) Maturing of a product.
b) Technology innovation in the manufacturing process.
c) Changes in laptop computer design that builds in wireless technology.
Part 2
An effective operations management effort must have a mission so it knows where it is going and a strategy so it knows how to get there.
Economic success, indeed survival, is the result of identifying missions to satisfy a customer's needs and wants. We define the organization's mission as its
purposewhat
it will contribute to society. Mission statements provide boundaries and focus for organizations and the concept around which the firm can rally. The mission states the rationale for the organization's existence. Developing a good strategy is difficult, but it is much easier if the mission has been well defined.
With the mission established, strategy and its implementation can begin. Strategy is an organization's action plan to achieve the mission. Each functional area has a strategy for achieving its mission and for helping the organization reach the overall mission. These strategies exploit opportunities and strengths, neutralize threats, and avoid weaknesses.
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