Operations Management Essays (Examples)
Study Document
Logistical Support And Distribution Strategies
… contributed strategically to the organizational business. Within the context of wholesalers and retailers, such organizations go beyond the areas of transportation and inventory management for including one among the most crucial components of organizational success—location relative to supply sources or end-customer markets. When it comes to producers, ……
References
References
Heskett, J. L. (1977). Logistics-essential to strategy. Harvard Business Review, 55(6), 85-96.
Jenkins, L. (2018). Distribution strategy | Cutting edge distribution strategies 2020. Software Selection Tool | Software Selection Management | SelectHub. https://www.selecthub.com/enterprise-resource-planning/cutting-edge-distribution-strategies/
La Londe, B. J., & Masters, J. M. (1994). Emerging logistics strategies. International journal of physical distribution & logistics management.
Li, X. (2014). Operations management of logistics and supply chain: Issues and directions. Discrete Dynamics in Nature and Society, 2014.
Ma, X., Yin, Y., & Liu, T. (2011, August). The simulation and optimizing of different distribution strategies for the distribution centre based on Flexsim. In 2011 IEEE International Conference on Automation and Logistics (ICAL) (pp. 201-204). IEEE.
Partida, B. (2017, November 14). The right distribution strategy affects logistics performance. Supply Chain Management Review. https://www.scmr.com/article/the_right_distribution_strategy_affects_logistics_performance
Study Document
Advantages And Disadvantages Of Interrelationships Between Organizational
… is that every division of the organization has the staff to undertake all the essential functions. Fundamentally, every division can undertake its business operations relatively independently. The disadvantage is that with personnel in every department undertaking similar functions, the organization could ultimately be adversely impacted by plenty … impacted by plenty of redundancy or inefficiency. A fitting instance is the aspect of having to manage six different human resources or accounting operations, instead of a single, centralized operation. This implies that there is repetition of functions, systems of management, development of policies and others (Daft, 2015).
Matrix Organizational Structure
The matrix organizational structure facilitates flexibility. An organization utilizing a matrix structure within … policies and others (Daft, 2015).
Matrix Organizational Structure
The matrix organizational structure facilitates flexibility. An organization utilizing a matrix structure within its business operations can bring about increased flexibility within business functions as compared to a……
References
References
Air India. (2019). Board of Directors. Retrieved from: http://www.airindia.in/board-of-directors.htm
Aquinas, P. G. (2008). Organization structure and design. India: Excel Books India.
Burns, T., & Stalker, G. M. (2005). Mechanistic and organic systems. Organizational Behavior, 2, 214-25.
Choo, S., & Bowley, C. (2007). Emerald Article: Using training and development to affect job satisfaction. Journal of Small Business and Enterprise Development, 14(2),339 - 352.
Cichocki, P., & Irwin, C. (2014). Organization design: A guide to building effective organizations. Kogan Page Publishers.
Civil Aviation. (2019). About Us: Organizational Setup. Retrieved from: http://www.civilaviation.gov.in/en/aboutus/orgsetup
Cunliffe, A. L. (2008). Organization theory. New York: Sage.
Cunliffe, A. L., & Luhman, J. T. (2012). Key concepts in organization theory. New York: Sage.
Study Document
Walt Disney
… it has to be directional. Once the direction is defined, the parenting strategy has to be defined: this is the “manner in which management coordinates activities, transfers resources, and cultivates capabilities among product lines and business units” (Wheelan, Hunger, Hoffman & Bamford, 2010, p. 5). The strategy … to achieve that ROI. The company thus needs to conduct internal analysis to see how well its resources are being inbounded, how well operations are performing in processing resources into goods or services, how well…[break]…shifted and this is where it is going to stay now that COVID-19 ……
References
References
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2010). Strategic management and business policy. Upper Saddle River, NJ: Prentice Hall.
Study Document
Elon Musk And Power At Tesla
… be seen especially in the case of Elon Musk at Tesla. By serving as Chairman of the Board he essentially oversaw the governance operations that were meant to provide oversight of him as CEO of the company. In other words, he was in charge of overseeing himself … him as CEO of the company. In other words, he was in charge of overseeing himself and he allowed himself to make business operations decisions on behalf of Tesla that really benefitted him and his family—particularly with the bailout of his family’s company SolarCity. Musk was, however, ……
References
References
Abels, P. B., & Martelli, J. T. (2013). CEO duality: how many hats are too many?. Corporate Governance: The international journal of business in society, 13(2), 135-147.
Dickins, D. (2010). CEO and COB duality: Does it matter. Internal Auditing, 25(4), 35-38.
Gaydos, R. (2018). Elon Musk may have violated Tesla’s conduct and ethics code after smoking up in podcast interview: report. Retrieved from https://www.foxnews.com/tech/elon-musk-may-have-violated-teslas-conduct-and-ethics-code-after-smoking-up-in-podcast-interview-report
Porter, J. (2018). Tesla has found a new chairperson to replace Elon Musk. Retrieved from https://www.theverge.com/2018/11/8/18074800/tesla-new-chair-2018-robyn-denholm-elon-musk
Yang, T., & Zhao, S. (2014). CEO duality and firm performance: Evidence from an exogenous shock to the competitive environment. Journal of Banking & Finance, 49, 534-552.
Study Document
Globalization Of Insurance
...Operations management While the U.S. enjoys the largest insurance market, U.S. companies no longer own the majority of the insurance market share in the country. Foreign companies do with 74% (Vaughan & Vaughan, 2013). This goes to show the extent to which foreign companies have grown in the insurance industry thanks to the globalization of insurance but also to the spread of wealth throughout the world. Insurance companies and finance go together as the former depends upon the latter for return on investment (ROI). Part of the problem with the globalization of insurance is that everything has been globalized—right down to investable markets. Since 2008, central banks around the world have lowered rates to the point that it is impossible for insurance funds to obtain a targeted ROI without investing in risk assets. Likewise, regulatory bodies have gone global as well with organizations like the Common Framework for the Supervision of Internationally……
References
References
Egan, M. (2018). Tax cut triggers $437 billion explosion of stock buybacks. Retrieved from https://money.cnn.com/2018/07/10/investing/stock-buybacks-record-tax-cuts/index.html
Flegm, E. H. (2008). The Need for Reliability in Accounting. Why historical cost is more reliable than fair value. Journal of Accountancy, 205(5), 34.
Healy, P. M., Palepu, K., & Serafeim, G. (2009). Subprime Crisis and Fair-Value Accounting. HBS Case, (109-031).
Laux, C., & Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis?. Journal of economic perspectives, 24(1), 93-118.
Light, L. (2019). More than Half of All Stock Buybacks are Now Financed by Debt. Here’s Why That’s a Problem. Retrieved from https://fortune.com/2019/08/20/stock-buybacks-debt-financed/
Reda, J. (2018). How Stock Buybacks Can Affect Executive Compensation. Retrieved from http://clsbluesky.law.columbia.edu/2018/08/03/how-stock-buybacks-can-affect-executive-compensation/
Young, M. R., (2008). Both sides make good points. Journal of Accountancy, 205(5), 34.
Vaughan, E. J., & Vaughan T. M., (2013). Fundamentals of Risk and Insurance, 11th Edition.
Study Document
Hurricane Katrina Military Response
… know what steps to take to respond to the various needs of the people at the time (Samaan & Verneuil, 2009). The emergency operations center (EOC) was more of a liability than an asset as it had not been trained for such a disaster either. A National … had not been trained for such a disaster either. A National Response Plan had not been developed nor was there a National Incident management System, which meant FEMA was not ready to act (Lewis, 2009; Select Bipartisan Committee to Investigate the Preparation for and Response to Hurricane … was animated by coherent and unified “spirit of mission,” it was able to rise to the challenge and provide relief, support and rescue operations that FEMA and the local agencies were unable to give. This paper will discuss the role of the military in the disaster response ……
References
References
The Brookings Institution. (2007). 9/11, Katrina and the future of interagency disaster response. Retrieved from https://www.brookings.edu/wp-content/uploads/2012/10/20070529.pdf
E-PARCC Collaborative Governance Initiative. (2008). Collaboration Amid Crisis: The Department of Defense During Hurricane Katrina Teaching Note. Retrieved from https://www.maxwell.syr.edu/uploadedFiles/parcc/eparcc/cases/Moynihan-%20Teaching%20Notes.pdf
Lewis, D. E. (2009). Revisiting the administrative presidency: Policy, patronage, and agency competence. Presidential Studies Quarterly, 39(1), 60-73.
Philipps, D. (2017). Seven hard lessons responders to Harvey learned from Katrina. Retrieved from https://www.nytimes.com/2017/09/07/us/hurricane-harvey-katrina-federal-responders.html
Samaan, J. L., & Verneuil, L. (2009). Civil–Military Relations in Hurricane Katrina: a case study on crisis management in natural disaster response. Humanitarian Assistance: Improving US-European Cooperation, Center for Transatlantic Relations/Johns Hopkins University, Baltimore, MD/Global Public Policy Institute, Berlin, 413-432.
Select Bipartisan Committee to Investigate the Preparation for and Response to Hurricane Katrina. (2006). A failure of initiative. Retrieved from http://govinfo.library.unt.edu/a257.g.akamaitech.net/7/257/2422/15feb20061230/www.gpoaccess.gov/katrinareport/mainreport.pdf
Study Document
Self Regulation Proposal
… is not only a viable alternative to external regulation by third party agencies, it is also a necessary step towards the reduction and management of risk. Companies alone have the most access to records and numbers, to workers and actions that may need investigating: external regulators do ……
References
References
Arner, D. W., Barberis, J., & Buckey, R. P. (2016). FinTech, RegTech, and the reconceptualization of financial regulation. Nw. J. Int'l L. & Bus., 37, 371.
Arnone, M., & Padoan, P. C. (2008). Anti-money laundering by international institutions: a preliminary assessment. European Journal of Law and Economics, 26(3), 361-386.
Greene, E., & Odorski, C. (2015). SEC enforcement in the financial sector: addressing
Omarova, S. T. (2010). Rethinking the future of self-regulation in the financial industry. Brook. J. Int'l L., 35, 665.post-crisis criticism. Bus. L. Int'l, 16, 5.
Omarova, S. T. (2011). Wall street as community of fate: Toward financial industry self-regulation. University of Pennsylvania Law Review, 159(2), 411-492.
Pritchard, A. C. (2003). Self-regulation and securities markets. Regulation, 26, 32.
Study Document
Home Depot Response To COVID 19
Home Depot and the Pandemic
The novel coronavirus (COVID 19) has affected business operations across the globe because of the health and safety risk it poses. As the virus continues to spread and affect many people across … that seek to protect people’s lives and properties. Measures adopted by governments have not only affected people’s normal lives, but also disrupted business operations. Additionally, businesses have been forced to make a series of changes in their operations in order to enhance the health and safety of their customers, workers and associates. Home Depot is an example of a business that … enhance the health and safety of their customers, workers and associates. Home Depot is an example of a business that has transformed its operations in efforts to adjust to the impact of the global pandemic. This paper explores how Home Depot is adjusting to the pandemic through … adjust to……
References
References
Cheng, A. (2020, April 1). Walmart, Home Depot Implement Safety Measures Amid Coronavirus Pandemic. More Companies Should Follow Suit. Forbes. Retrieved April 29, 2020, from https://www.forbes.com/sites/andriacheng/2020/04/01/walmart-home-depot-did-the-right-thing-on-this-front-to-flatten-coronavirus-curve-more-companies-should-follow/#60e61a9a24d3
Home Depot Product Authority. (2020). COVID-19 Update: How Home Depot is Responding. Retrieved April 29, 2020, from https://corporate.homedepot.com/newsroom/covid-19-update-how-home-depot-preparing-and-responding
Kawshala, H. (2017, February). Theorizing the Concept of Core Competencies: An Integrative Model Beyond Identification. International Journal of Scientific and Research Publications, 7(2), 253-256.
Putra, Y.S., Sudarmiatin & Suharto. (2018, April 23). Analysis of Differentiation Strategies to Create Competitive Advantages in Facing Global Markets. In The first international research conference on economics and business, 254-269. DOI 10.18502/kss.v3i3.1888
Trefis Team. (2017, May 30). A Closer Look at Home Depot’s Growth Strategy. Forbes. Retrieved April 29, 2020, from https://www.forbes.com/sites/greatspeculations/2017/05/30/a-closer-look-at-home-depots-growth-strategy/#6c6e177b2e76
Study Document
Quality Improvement Plan
… customer and not on the supplier. Having done a self-assessment, the department can plan for future improvements based on its goals and current operations. A quality improvement plan will give the service department an insight on what the customer truly values and this can be used to … is being used for input-measurement. Reducing this number will ensure that processes are working as expected and the results can be seen. Supplier management should also be incorporated. This will ensure the company reaps benefits from having a centralized supplier management system that holds all the key information regarding its suppliers. With……
References
References
Brown, C. (2019). Why and how to employ the SIPOC model. Journal of business continuity & emergency planning, 12(3), 198-210.
Carvalho, M. S., Magalhaes, D. S., Varela, M. L., Sa, J. O., & Gonçalves, I. (2016). Definition of a collaborative working model to the logistics area using design for Six Sigma. International Journal of Quality & Reliability Management, 33(4), 465-475.
Shojaie, A. A., Raissi, S., & Dogahe, R. A. (2016). Impact analysis of TQM\\\\\\'s hard aspects on sigma level in electronics and telecommunication production process. International Journal of Productivity and Quality Management, 18(4), 425-439.
Study Document
Incident Command System ICS
Introduction to the Incident Command System (ICS)
The Incident Command System (ICS) is a standardized organization model or method for incident response and management during disasters. The system is made up of standard management and leadership hierarchy procedures, including processes meant to support various types of incidents. It does not just respect jurisdictional and agency authority, but … various types of incidents. It does not just respect jurisdictional and agency authority, but also supports synchronized efforts among different disaster response and management teams and agencies. ICS supports fast, effective and efficient development of universal planning processes and management of facilities, personnel, communication, and equipment within a common structure of organization and operations. Based on pre-determined standards that involved authorities agree upon, personnel are trained in a common language and processes, and tasks assigned to each. … lack of resources and individuals coordination. Every agency and individuals involved in disaster relief……
References
References
AmeriCorps St. Louis. (2016). “Missouri Winter Flooding 2016.” Retrieved from https://www. americorps-stl.org/our-teams/emergency-response-team/disaster-deployment-archive/missouri-winter-flooding-2016/.
Buck, Dick A., Joseph E. Trainor, and Benigno E. Aguirre. (2006). “A Critical Evaluation of the Incident Command System and NIMS.” Journal of Homeland Security and Emergency Management, 3(3).
Bigley, Gregory A. and Karlene H. Roberts. (2001). “The Incident Command System: High-Reliability Organizing for Complex and Volatile Task Environments.” Academy of Management Journal, 44(6): 1281-1299.
Butterfield, Karen. (2016, January 21). “AmeriCorps Helping Flood Victims Find Place to Stay.” The Missourian. Retrieved from http://www.emissourian.com/local_news/washington/americorps-helping-flood-victims-find-place-to-stay/article_56f75bab-87de-5198-843e-bdfdb8229b5a.html.
Cardwell, Michael D. and Patrick T. Cooney. (2000). “Nationwide Application of the Incident Command System: Standardization Is the Key.” FBI Law Enforcement Bulletin 69.10: 10-16.
Cole, Dana. (2000). The Incident Command System: A 25-Year Evaluation by California Practitioners. National Fire Academy.
Corporation for National and Community Service (CNCS). (2014). “Disaster Response Framework.” Retrieved from http://www.nationalservice.gov/sites/default/files/documents/CNCS%20DSU%20 Disaster%20Response%20Framework.pdf.
Dynes, Russell Rowe. (1970). Organized Behavior in Disaster. Lexington, MA: Heath Lexington.
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