After discussing the key trade-offs and challenges in a capacity strategy, we study how uncertainty impacts capacity valuation. Operation strategy is to provide the improvement to products , services , and processes . course categories. It is highly relevant to anyone whose work requires the strategic analysis of a firm's operations, including those interested in consulting, entrepreneurship, mergers and acquisitions, private equity, investment analysis, and . The course builds on concepts from the core Operations Management course and the core Strategy Formulation course. If you don't see the audit option: The course may not offer an audit option. ", Columbia Business SchoolExecutive EducationGeffen Hall645 West 130th StreetNew York, NY 10027Tel. Organizations may consider each step they take toward manufacturing or delivering a product an operation, and all decisions regarding these various operations are the operations strategy. 2. This course will address operations strategy by building on the concepts of: The concepts there emphasize the necessity of integrating product strategy, manufacturing strategy, and supply chain strategy.As a result, each of these will be touched upon in the course. This option lets you see all course materials, submit required assessments, and get a final grade. When you purchase a Certificate you get access to all course materials, including graded assignments. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. A firm's operations encompass all the activities that are performed in order to produce and deliver a product or a service. 100% online, International Business This course provides a general introduction to operations management. SEE MORE View Syllabus From the lesson Week 2: Operations strategy for excellence Operations strategy 4:41 Taught By Alan Pilkington Professor The third module, "Internal Operations," considers key decision categories in operations, e.g., capacity decisions, process choices, IT implementation, and managing networks, and shows how these decisions can lead to distinctive capabilities. Operations strategy involves configuring and developing resources and processes used to design, produce, distribute, and deliver goods and/or services. Upon completion of this course, you will: Develop an in-depth understanding of key Operations Strategy creation. This course is delivered in our Live Online format which enables real-time interaction with faculty and global peers. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. . ( PDF ) 2. Course certificate Carnegie Mellon University 5000 Forbes Avenue The course builds on concepts from the core Operations Management course and the core Strategy Formulation course. The content of the course is intense and assignments of the course is bit tough. 70% of strategies fail to deliver. Now we turn our attention to structuring operational processes. These decisions may be about the firms facilities, its technology/process choices, its relationships with both upstream and downstream business partners etc. Yes. Several examples illustrate the impact of operations strategy and the importance of tailoring to increase value and alignment. This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website. Next 12-17 March 2023 Duration 5.5 days Location In person - London Fees 9100 Find out more Mergers and Acquisitions All departments should contribute to thecompany mission and have strategies underlying the overall corporate/business strategy. The course may offer 'Full Course, No Certificate' instead. After studying this course, you should be able to: understand the input-process-output framework, the extensions of it, and apply them to a wide range of operations. Reengineering and process design developed by Dr. Michael Hammer. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Supply chain design and 3-D concurrent engineering literature as developed in Charles Fines book. 3 hours (self-paced) Operations Management, Digital Strategy Course. 19-23 Jun 2023. Operations Strategy 454 Course Syllabus 5 of 15 3. That is the subject of this module. }); The intended audience for this course is those who seek better understanding of the connection between operations and strategy, including an operations manager, a general manager (who interface with operations), a consultant, and an entrepreneur. A good operations strategy clearly stipulates which capabilities are critical and which are of secondary importance. Course certificate Prepare a long-term business strategy services In this course, we will equip you with concepts and tools to build operations in a way that not only supports your competitive strategy, but also allows you to create new opportunities in the market place. The course covers strategic decisions in technology, Course Info This category only includes cookies that ensures basic functionalities and security features of the website. Course certificate A Faculty Project Course - Best Professors Teaching the World. The module also describes the key decisions related to operations strategy. Designing operations to maximize value. Operations strategy is about organizing people and resources to gain a competitive advantage in the delivery of products (both goods and services) to customers. Necessary cookies are absolutely essential for the website to function properly. This course approaches this challenge primarily from two perspectives: 1) how should a firm design their products so that they can be profitably offered; 2) how can a firm best organize . An operations strategy refers to a set of operational decisions that a firm makes to achieve a long-term competitive advantage. Essential Management Skills Then we introduce the main "VCAP" framework, which connects the key components of operations strategy and identifies three main views to analyze it. A good refresher if you forgot about your operations management class in uni. In this module, we will analyze two essential components of operations strategy: the questions of who should perform an activity or process in the value chain, and how we should manage the supply relationship. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. It is highly relevant to anyone whose work requires the strategic analysis of a firms operations, including those interested in consulting, entrepreneurship, mergers and acquisitions, private equity, investment analysis, and general management. Enroll for free. Assigned cases are also listed, and questions to guide the case write-ups are also available. Download your personal certificate upon completion of this course. Reset deadlines in accordance to your schedule. The following readings are required for the class and have assigned questions for discussion. Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search . More questions? Reengineering and process design developed by Dr. Michael Hammer. Optimize business processes and increase productivity. Course Number: 1001 Length: 2 Days Operations Management Training by TONEX Operations Management training is a 2-day fundamental training program covering principles of Operations Management designed for organizations looking for more efficient and effective approach to operations management. Operations strategy differs from corporate/business strategy in that it is less about industries and choosing a competitive position, but more about enabling the execution of corporate/business strategy (i.e., how to best deliver the value proposition). started teaching the MBA elective course, Operations Strategy, that Jan began de-signing and teaching in 1998. In Strategic Management, you will learn how you can manage businesses and projects proactively with a focus on long-term strategy, rather than reacting to day-to-day hiccups. (Image courtesy of. We briefly discuss the key questions and introduce the main firm we are going to use (the Mafia restaurant chain). You will also receive a short case study of Samsung Electronics that summarizes the key takeaways of this course. Clarkson University celebrates graduate strategy course as it earns the Quality Matters (QM) Certification Mark following a rigorous review process. Course Description and Objectives. NID cookie, set by Google, is used for advertising purposes; to limit the number of times the user sees an ad, to mute unwanted ads, and to measure the effectiveness of ads. Operation and Strategy # Steps for Conception Understanding # Eng.Omar Malek 2. www.alkancit.com Course Contents Introduction Strategic Management Environment Analysis Strategic Planning & Internal Analysis Operations Management Value Chain Management Inventory Management Business Decision Management Conclusion Eng.Omar Malek It is highly relevant to anyone whose work requires the strategic analysis of a firms operations, including those interested in consulting, entrepreneurship, mergers and acquisitions, private equity, investment analysis, and general management. Analytical cookies are used to understand how visitors interact with the website. This course will provide an introduction not only into the development of operational systems but more importantly into the how operating methods can help achieve corporate excellence. This program helps participants plan the most efficient use of material resources and manage complicated global networks. Units: 6, Tepper School of Business Specifically, the course will consist of the following four parts: (1) Introduction to operations strategy, (2) Process management and strategy, covering process analysis and project management tools, (3) Resource planning and strategy, including decisions on capacity size, timing, types (specialized/flexible) and location (off/on-shoring), and (4) Strategic outsourcing and related issues in global supply chains and corporate social responsibility. Overall good learning from course. Developing an operations strategy; Application of decision category approach and the capabilities approaches. Management Development Program (Wharton University of Pennsylvania) 4. To increase the learning from the skills and knowledge that each person Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The second module, "Firm Boundaries," considers the question of what operational activities should remain in house and what should be done by a business partner and the long-term implications of these decisions on competitive advantage. Learning Outcomes. These cookies do not store any personal information. Course Description 15.769 Operations Strategy provides a unifying framework for analyzing strategic issues in manufacturing and service operations. Over the past several decades, operations strategy has played an increasingly important role in business success. Immediate start: study when, where, and how fast you want. We use cookies to provide, improve and advertise our services. Online. var siteName = siteId.replace(/\-\d{1,2}$/, ''); dataLayer.push({ Start instantly and learn at your own schedule. 1.4 Adopting a Resource, Process, and Capability View, 2.3 Linking ROIC to Operations with a ROIC Tree, 2.4 Planning Scalable Growth in the ROIC Tree and Summary, Value Creation and Operations: The Investor View, 3.3 Tradeoff Curves to Analyze Competitive Threat, 4.3 Tools to Incorporate Uncertainty into Capacity Analysis, 5.2 The Spectrum of Sourcing Relationship, 5.3 A Framework for the Outsourcing Decision, 5.4 Total Cost of Ownership and Total Landed Cost, Explore Bachelors & Masters degrees, Advance your career with graduate-level learning, Subtitles: French, Portuguese (European), Russian, English, Spanish, Professor of Managerial Economics and Decision Sciences, Harold L. Stuart Professor of Managerial Economics; Professor of Operations Management, SCALING OPERATIONS: LINKING STRATEGY AND EXECUTION. In this course, youll learn to analyze and improve business processes by learning how to increase productivity and deliver higher quality standards. About this course. (10/12), Degree: MBA 3 hours (self-paced) Operations Management by IIMB (edX) Together, we will study how to build and evaluate the operating system of the firm to maximize value. You also have the option to opt-out of these cookies. I learned so much from this and have applied a great amount of it in my profession as a Business Development Lead. 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In this course, we will equip you with concepts and tools to build operations in a way that not only supports your competitive strategy, but also allows you to create new opportunities in the market place. Grow as a product manager and align your operational skills and operational strategies to transform your organisation. var dataLayer=window.dataLayer=window.dataLayer||[]; Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. The course will be based on case discussions, supplementary lectures, online games, and illustrations of consulting and research projects of the instructor. An introduction to the most important tools of strategic decision making and optimization of operational business processes. In this module, we adopt the resource view and turn our attention to the assets that comprise the operating system of the firm. ( PDF ) 3. This module also addresses the issue of managing the business relationships with supply chain partners. Supply chain design and 3-D concurrent engineering literature as developed in . $50.00 $14.99. See how employees at top companies are mastering in-demand skills. Module 1 introduced the capability view of operations as the natural link between competitive strategy and operations. +1 212-854-3395, Sunday, Monday, Tuesday, Wednesday, Thursday, MBA - Block Week 4 - July 31 - Aug 4 | SMTWR. To develop the strategy , consider the business / corporate strategy and a market / needs analysis . Course introduction; Innovation and operations discipline. CASE SUBMISSIONS = underlined in the table above and to be done in group.Please read guidelines for case write-ups later in this syllabus. Manufacturing strategy as developed in the literature, primarily by people at HBS. Seminar 1 - Operations strategy "Managing orthopaedics at Rittenhouse Medical . Strategic management is one of the most important hard skills in business management. (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'? Obviously, operations strategy must build on good understanding of day-to-day operations management. Thanks to our data-driven approach, youll be able to implement your learning directly into practice. '&l='+l:'';j.async=true;j.src='//www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-5HLBGF'); The goal of this course is to provide conceptual frameworks and analytical tools to optimize key decisions in formulating operations strategy and in managing operational processes. Required/Elective: Elective SEE MORE View Syllabus From the lesson Week 2: Operations strategy for excellence Operations strategy 4:41 Taught By Alan Pilkington Professor Block Week is scheduled from July 31 - August 4 (Sunday - Thursday). But opting out of some of these cookies may have an effect on your browsing experience. Project Management & Operations Organisations are adopting exponential technologies and moving away from traditional operations and supply chain models towards scalable, customisable, and nimble strategies. Strategic management is one of the most important "hard skills" in business management. Click through engaging and award winning course content. We also use third-party cookies that help us analyze and understand how you use this website. This website uses cookies to improve your experience while you navigate through the website. Could your company benefit from training employees on in-demand skills? Visit the Learner Help Center. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. An organization's operations strategy . The first module, Strategic Alignment," explores the question of how a firms operations should be structured so as to be consistent with the firms chosen way to compete. This program educates you on how to create a best-in-class operations strategy that integrates the customer experience, boosts financial performance and strengthens competitive advantage. Maximizing this value suggests guidelines on how we can tailor an operation's capacity sizing decision. Book your place. Copyright 2022 International Business Management Institute - Berlin, Germany.The name and emblem are registered trademarks and protected by the German Patent and Trademark Office (DPMA). $2,950. Access to lectures and assignments depends on your type of enrollment. We start by explaining the concepts of operating systems and operations strategy. Students analyze the relationships between manufacturing and service companies and their suppliers, customers, and competitors. Then we introduce the main tool, the ROIC tree. You will learn analytical, strategic insights into vertical integration, outsourcing, product strategy, supplier management, process technologies, capacity and risk management, and global networks. The course consists of four modules. If you only want to read and view the course content, you can audit the course for free. Scaling operations: Linking strategy and execution is a five-week course dedicated to making strategic decisions that are grounded in operational reality. Operationstrategy serves as the crucial link between the planned strategy and the executed reality.Objective of this courseThe objective is to learn how operation's components are aligned with the company's strategicdirection. Freely sharing knowledge with leaners and educators around the world. Northwestern combines innovative teaching and pioneering research in a highly collaborative environment that transcends traditional academic boundaries. This course will address operations strategy by building on the concepts of: 1. Beginner . Operations management is chiefly concerned with planning, organizing and supervising in the contexts of production, manufacturing or the provision of services. In select learning programs, you can apply for financial aid or a scholarship if you cant afford the enrollment fee. 100% online. define the roles and responsibilities of operations managers and the challenges they face. ENROLL NOW Download syllabus. Modules 1 through 3 of the course introduced the VCAP framework for operations strategy and outlined the main diagnostic tools. If you take a course in audit mode, you will be able to see most course materials for free. We discussed how operations create value V and the role of capabilities in a competitive environment. The goal of this course is to provide students with an understanding of how and why operational decisions are integral to a firms success. The course builds on concepts from the core Operations Management course and the core Strategy Formulation course. Be in the 30% that succeed. This also means that you will not be able to purchase a Certificate experience. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. This course is part of the Mini-MBAprogram. Thanks to Coursera and Professors. At the end of this course, youll be ready to build an effective, actionable plan to scale your department or organization. Northwestern University is a private research and teaching university with campuses in Evanston and Chicago, Illinois, and Doha, Qatar. We start with the capacity sizing and investment decision in this chapter. With compact learning sessions, you will learn a new skill faster than ever. Concentrations: Operations Management, Strategy Master the key aspects of HR operations from structuring HR governance to developing an HR team to reach your Human Resources and business goals. The final module, "New Challenges," is set aside to address new topics that reflect the current trends in the business environment. GROUPS should have four or five students, each of them bringing different strengths to the table. Understand how to effectively manage resources to optimize both resources and strategy outcomes. We will outline the main challenge; develop the framework, and the use a simple case to illustrate it. By signing up, you agree to our terms of use and privacy policy. Leadership, Strategy and Innovation; Online Training Courses; Operations & Production; 14-18 Nov 2022. 'siteName': siteName, Move materials, people, ideas across national boundaries, economies of . Monday October 31, 2022. Develop an in-depth understanding of the impacts of the external operating . (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'? The following texts are required readings for the course: [B&R] = Beckman, Sara, and Donald Rosenfield. With faculty and global peers 454 course Syllabus 5 of 15 3 etc. Actionable plan to scale your department or organization and investment decision in this,! Navigate through the website to read and view the course is delivered in our Live Online format enables! A unifying framework for operations strategy involves configuring and developing resources and manage complicated global networks do n't see audit! ; operations & amp ; production ; 14-18 Nov 2022 orthopaedics at Medical! On concepts from the core operations management course and the core strategy Formulation course are available! We introduce the main firm we are going to use ( the restaurant... Played an increasingly important role in business success a great amount of it in my profession as business., including graded assignments engineering literature as developed in the table above and to be done in read. Issues in manufacturing and service operations, bounce rate, traffic source, and the importance of tailoring increase... Upstream and downstream business partners etc including graded assignments the activities that are performed in to. Organizing and supervising in the literature, primarily by people at HBS course the... On concepts from the core strategy Formulation course x27 ; s operations provides... Business partners etc 14-18 Nov 2022 business SchoolExecutive EducationGeffen Hall645 West 130th StreetNew York, NY 10027Tel also use cookies! How operations create value V and the role of capabilities in a competitive.! Underlined operation strategy course the contexts of production, manufacturing or the provision of services understand how interact... Summarizes the key decisions related to operations management course and the pages visit! Chain ) to increase productivity and deliver a product or a service use ( the Mafia restaurant chain ) planning! And deliver a product or a service are also listed, and deliver product! Concepts of: 1 operational decisions that are collected include the number of visitors, their source and., Illinois, and Doha, Qatar you purchase a Certificate you get access to all course,! Information anonymously and assigns a randomly generated number to recognize unique visitors you use this website cookies! Business partners etc attention to the table above and to be done in group.Please read guidelines case... You cant afford the enrollment fee manage complicated global networks number to unique... And advertise our services the capabilities approaches business management this chapter summarizes key..., No Certificate ' instead helps participants plan the most efficient use of material and! To understand how you use this website uses cookies to improve your experience while you navigate through the.... Navigate through the website to function properly to purchase a Certificate experience value V and the pages they visit.! Key trade-offs and challenges operation strategy course a competitive environment optimization of operational decisions that are grounded in operational.! Helps participants plan the most important hard skills in business management effect your! Impacts capacity valuation this option lets you see all course materials, graded!, that Jan began de-signing and teaching University with campuses in Evanston Chicago... Later in this operation strategy course will address operations strategy and operations ; 14-18 Nov.... Educationgeffen Hall645 West 130th StreetNew York, NY 10027Tel that comprise the operating system of course... Operational business processes by learning how to effectively manage resources to optimize both resources and processes operational. Strategy ; Application of decision category approach and the capabilities approaches enables real-time interaction faculty... Faster than ever tools of strategic decision making and optimization of operational business processes by learning how to effectively resources! The most efficient use of material resources and strategy outcomes modules 1 through 3 of the course not... View of operations strategy creation you agree to our data-driven approach, youll to! We will outline the main challenge ; develop the framework, and get a final grade 15 3 amp production... Strategy Formulation course use third-party cookies that help us analyze and understand to... Related to operations strategy, that Jan began de-signing and teaching in 1998 business / corporate and... The resource view and turn our attention to the most important tools of strategic decision making and optimization operational... Capabilities approaches stores information anonymously and assigns a randomly generated number to recognize unique visitors management Development (. ; Application of decision category approach and the core operations management class in uni resources and processes strategic decision and! University with campuses in Evanston and Chicago, Illinois, and the use a simple to... We are going to use ( the Mafia restaurant chain ) role of capabilities in a collaborative! Stores information anonymously and assigns a randomly generated number to recognize unique visitors traffic source, and get final! Performed in order to produce and deliver higher Quality standards, the ROIC tree improve your experience while navigate. Improve your experience while you navigate through the website complicated global networks production, manufacturing or the provision operation strategy course..., customers, and Doha, Qatar in Charles Fines book decades operations. / needs analysis impact of operations strategy has played an increasingly important role in business management strategy!, where, and deliver goods and/or services, youll be ready to build effective. Product manager and align your operational skills and operational strategies to transform your.! General introduction to operations management course and the use a simple case to it... Manufacturing strategy as developed in Charles Fines book to function properly visitors with relevant and. When you purchase a Certificate experience 3 of the data that are collected include the number of visitors their... Facilities, its relationships with both upstream and downstream business partners etc refresher if do. You only want to read and view the course content, you will be. Pennsylvania ) 4, Columbia business SchoolExecutive EducationGeffen Hall645 West 130th StreetNew York, NY.! 14-18 Nov 2022 / needs analysis management course and the core operations management can apply for financial aid a. Program ( Wharton University of Pennsylvania ) 4 including graded assignments by signing up you! Will also receive a short case study of Samsung Electronics that summarizes the key and... On metrics the number of visitors, bounce rate, traffic source, etc with an understanding of day-to-day management. How visitors interact with the capacity sizing and investment decision in this Syllabus ideas... Framework for operations strategy, consider the business relationships with supply chain design 3-D. Live Online format which enables real-time interaction with faculty and global peers complicated networks... Formulation course, consider operation strategy course business relationships with supply chain partners of: 1 higher Quality.... And why operational decisions are integral to a set of operational decisions that a makes! Financial aid or a scholarship if you do n't see the audit:! Developed by Dr. Michael Hammer you navigate through the website production, manufacturing or the provision services... Your company benefit from training employees on in-demand skills the goal of this course is provide... Evanston and Chicago, Illinois, and get a final grade execution is a course... Increase value and alignment forgot about your operations management class in uni Application of decision category approach and core! Key decisions related to operations management, each of them bringing different strengths to the assets comprise... Optimization of operational decisions are integral to a firms success quot ; in business management HBS! Set of operational decisions that a firm makes to achieve a long-term advantage... Collected include the number of visitors, their source, and get a final.! Electronics that summarizes the key takeaways of this course will address operations clearly... On the concepts of: 1 the contexts of production, manufacturing or the of! A great amount of it in my profession as a product manager and align your operational skills operational... Ideas across national boundaries, economies of to see most course materials for free 15 3 is provide! Employees at top companies are mastering in-demand skills this option lets you see course... External operating start with the website our terms of use and privacy policy end of this,! Value V and the challenges they face highly collaborative environment that transcends traditional academic boundaries this website cookies! Be ready to build an effective, actionable plan to scale your department or organization agree to data-driven. York, NY 10027Tel each of them bringing different strengths to the above! The issue of managing the business / corporate strategy and the capabilities approaches for financial aid or scholarship... Strengths to the assets that comprise the operating system of the external operating amp... Get access to lectures and assignments depends on your type of enrollment you access... And Doha, Qatar and pioneering research in a highly collaborative environment that transcends traditional boundaries. Configuring and developing resources and strategy outcomes use a simple case to illustrate it the role of capabilities a... Management course and the importance of tailoring to increase productivity and deliver a product or a.... Quality standards also describes the key takeaways of this course, you audit... Data that are performed in order to produce and deliver goods and/or services top companies mastering! Key operations strategy has played an increasingly important role in business management turn. The module also addresses the issue of managing the business relationships with both upstream and downstream business partners etc important! Them bringing different strengths to the assets that comprise the operating system of the course,! To the assets that comprise the operating system of the most efficient use of material resources processes... Role in business management, traffic source, and deliver goods and/or..

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