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Thursday, April 18, 2019

Operations Strategy Essay Example | Topics and Well Written Essays - 2500 words

Operations Strategy - Essay voiceFor instance, it is not only enough to focus the whole energy of an organization on production activities, entirely considering that there are existing processes in the caper world as it continuously evolves, other aspects make to be comfortably focused and even strategic actions have to be implemented. History The existence of craft itself paves way to the formulation of trading feats strategy. Businesses ended up to the creation of business strategies. These led to the formulation of effective operations strategies (Waters, 1999). Businesses have to function efficiently and this is the reason why strategies are necessary to be structured with the whole business operation. In fact, this is evident on how the United States business evolved over time. The evolution of business policy and management started between 1930 and 1960 as highly influenced by American dominance in the globular market (Amatori & Jones, 2003). It is during this period that business was considered as an isolated American subdiscipline. During this time, the United States has become one of the steer countries that introduced business sophistication into the world. This resulted to significant innovation and major changes how the business including its operations was conducted. Throughout history, businesses evolved and primarily this is sped up by the onset of globalization in the modern business world. In globalization, there is increasing mutualness between national systems through different aspects including trade, military alliance, domination and cultural imperialism (Waters, 2001). It is not surprising indeed that the business world has significant changes over time due to the fact that interdependence between nations existed. This includes maximation of resources and operation. This is the very reason why business has become international and has turned into a good probability for international organizations to maximize their operation s and resources. As the effect, each organization that tries to compete with each other is laborious to create competitive strategies for their competitive advantage (Porter, 1990). For instance, marketing strategies existed and companies are after of stimulating needs not just relying purely on production oriented operation approach (Boone & Kurtz, 2006 Kotler et al., 1999). In short, the need for operations strategy is necessary in gild to compete. The need for innovation is not just on producing forward-looking service or product offerings, but there is substantial consideration on business operation approach in which strategies are become its integral parts in the process. In other words, as business itself evolved, its corresponding operation which has been an integral part in its existence has also become so involved with business strategic formulation. This is in line with the creation of competitive advantage due to turbinate growth of competition everywhere most especia lly that the world has become so compressed when it comes to interdependence in trade. Thus, every organization is expected to formulate their very own operation strategies in order to sustain their ventures and even maximize their full advantage in their respective industries. Relevance It is important to figure that the relevance of operations strategy at present can be traced back to how business has substantially evolved. Operations element of a business

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