Question: Please help with step 2 SWOT analysis Step 1: Read through the following: Operations managers in almost any business are key personnel in upper-level management
Please help with step 2 SWOT analysis
Step 1: Read through the following: Operations managers in almost any business are key personnel in upper-level management that make sure the company is performing to its best potential. They keep their eyes on multiple areas within the company, assuring productivity and efficiency while seeking to reduce costs. They manage other key leaders within several departments and guide groups of people to complete their individual tasks in order to achieve company-wide goals. A Big-Picture Perspective Because they are responsible for the overall well-being of the company's operations, these types of managers tend to have a big-picture perspective. They are able to determine needs within the company and connect groups to work together to solve problems as they arise. They need to be critical thinkers who can analyze situations and make decisions geared toward the company's best interests rather than those of a single department. This may mean that they also need to resolve conflicts as they arise between employees and set policies and guidelines for how to complete tasks. In terms of skills and abilities, operations managers need a healthy mix of hard and soft skills. Depending on the industry, managers may need mechanical aptitude and knowledge of manufacturing equipment, but most certainly will use computers and a variety of related software proglams, including customer management tools and budgeting and accounting software. They also need to be able to manage people effectively using good listening, motivation and communication skills, Oversight of Financial Information and Budgets A large part of an operations manager's job is to oversee the creation and administration of budgets within each area of the company. Strong leaders will regularly monitored expenses and curtail a department's spending if necessary to keep the company on budget. They will also engage in cost-benefit analysis, seeking to obtain the best price for materials and oversee production methods so that output is at peak efficiency levels. SI om/courses/546/discussion topics/1030 Supervise Supply Chain and Inventory Another area of oversight is the management of supply chain procedures and inventory tracking In order for the production teams to operate effectively they need to have a steady supply of materials. Similarly once their job is completed, finished products must be properly inventoried and then sent out the door and up the supply chain to retailers or direct customers. While each department is busily doing its specific job, operations managers have their eyes on the entire process and can intervene and make adjustments as needed. Workflow and Staffing Operations managers also have a good handle on the staffing requirements of the organization. They work with HR to hire and train new employees and handle disciplinary issues. Because they are aware of the needs in each department, they can adjust the workflow and reassign tasks to improve efficiency in the operation, Operations Managers in Various Industries While operations managers all use a wide variety of skills to do their job, some, particularly in large companies, may specialize in an area and focus within a particular department. For example someone with a strong background in human resources may become an HR operations manager overseeing the entire department. Some of their specific responsibilities may include: Create and manage the department's budget Define company policies and implement training Monitor internal HR systems and ensure compliance Oversee hiring objectives and job description creation Stay on top of employment trends, legal issues and best practices Purchase software or other tools to improve department officiency Operations Manager Job Description Our expanding company is seeking to hire an operations manager to join our leadership team. You will be in charge of providing inspired leadership for the operation of one of our organization's lines of business, which involves making important policy and strategic decisions, as well as the development and implementation of operational policies and procedures. You will also be assisting our Human Resources department with recruiting, when necessary, and help promote a company culture that encourages morale and performance. Successful candidates will have a bachelor's degree in operations management for a related field) and have prior experience in a management or leadership position. A deep understanding of financial management is also a plus. Operations Manager Responsibilities: Provide inspired leadership for the organization, Make important policy, planning, and strategy decisions Develop, implement, and review operational policies and procedures. Assist HR with recruiting when necessary Help promote a company culture that encourages top performance and high morale. Oversee budgeting, reporting, planning and auditing: Work with senior stakeholders. Ensure all legal and regulatory documents are filed and monitor compliance with laws and regulations Work with the board of directors to determine values and mission, and plan for short and long-term goals. Identify and address problems and opportunities for the company Build alliances and partnerships with other organizations. Support worker communication with the management team. . - Operations Manager Requirements Bachelor's degree in operations Management or related field Experience in management operations, and leadership, Understanding of general finance and budgeting, including profit and loss, balance sheet and cash flow management Ability to build consensus and relationships among managers, partners, and implayoos, Excellent communication skills Solid understanding of financial management Other duties and responsibilities may include Planning for change and controlling it Managing quality assurance programmes Researching new technologies and other ethiciency methods Budget management and forecasting Overseeing inventory, distribution of goods and facility layout Step 2: Complete the following for Wednesday's discussion Imagine that you have earned your BA. Do a self analysis of your skills and abilities to take on the job of Operations Manager, keeping in mind the average salary for an Operations Manager is 593,000 per year. Create a SWOT anavais e of your skills , talents, and abilities and match each of the abilities above into a SWOT template. For example, if one of your strengths is having experience in leadership, then you would copy and paste this into your template Strengths What do you do well? What unique resources can you draw on? What do others see as your strengths? Weaknesses What could you improve? Where do you have fewer resources than others? What are others likely to see as weaknesses? Opportunities Threats What opportunities are open to you? What threats could harm you? What trends could you take advantage of? What is your competition doing? How can you turn your strengths into opportunities? What threats do your weaknesses expose to you





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