Operational and Strategic Management Tasks

Operational management responsibilities include the steps that are taken to implement business goals and procedures. They assist your business to run efficiently and enable you to deliver high-quality products to customers. These include processes like supply chain management and production scheduling. They also include resourcing, inventory control, and inventory control. While strategic management sets long-term goals and broad business plans operational management focuses on the specifics of implementing these strategies.

Strategic management is a more high-level process that involves more encompassing visions and ideas. This is why it is usually carried out by senior managers like the CEO, CFO or founder. It also considers the branding concepts, ideals, and philosophies of an organization’s values and its purpose.

After a leader has decided on the direction for an organisation They are likely to look to their Operations Management team for specific strategies and tactics. These will be more specific, making them more easy to implement or modify in the future. For instance, a management plan may include the idea that a company must be more environmentally friendly and utilize recycled materials in their packaging. Operations management could be concerned about the logistics of obtaining this material as well as switching to an electric vehicle for shipping.

To be successful, modern businesses needs to be ready to sudden and unforeseeable challenges that could threaten its existence. These threats are not in the control of an organization. In these circumstances, a good operations manager will perform risk analysis and mitigation to be prepared for the worst.

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