Management and Operations Management Theory - 1282 Words

ABSTRACT This paper defines the four functions of management and the operations management theory. It then provides an analysis of how the functions of management the operations management. THE FOUR FUNCTIONS OF MANAGEMENT Planning: It is an act of formulating a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined. Organizing: To divide the work force into specific groups and giving each group a specific task. Organizing also involves ensuring that a smooth flow of information and co-ordination exists between these groups. Thus the basic aim of organizing is to simply divide the work load and define the tasks while setting up deadlines in†¦show more content†¦Thorn p.4] IMPACT OF MANAGEMENT FUNCTION ON OPERATIONS MANAGEMENT This section analyses the impact that the previously discussed functions of management has on the operations management. Planning is the most important pillar of operations management. When an organization plans its goals and sets down its strategies, it then becomes easier for the managerial level to decide and distribute the work load. Without any plan of action, the organization or company would not know what it is working towards. For a manufacturing company, planning would include product design. For work to be conducted on the principles of operations management, organizing plays an important role. Workload needs to be divided in such an efficient manner that the skills of an employee or a group of employees are used to the fullest. Overloading any employee would result in deficient outputs and derogatory work which would naturally be time consuming. As the goal of organizing is to produce better results, similarly leading or motivating is necessary for an organization to extract maximum performance out of the workers. With appealing incentives, workers would work honestly and put in their best. This in turn would save the company time and there would be a complete control of the managerial department over things like production control and quality control. When an employee isShow MoreRelatedEssay Management and Operations Management Theory1272 Words   |  6 PagesManagement and Operations Management Theory ABSTRACT This paper defines the four functions of management and the operations management theory. It then provides an analysis of how the functions of management the operations management. THE FOUR FUNCTIONS OF MANAGEMENT Planning: It is an act of formulating a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined. Organizing: To divide the work forceRead MoreScientific Management: Taylor and the Gilbreths1254 Words   |  6 PagesScientific Management: Taylor and the Gilbreths Scientific management focuses on improving efficiency and output through scientific studies of workers processes. 1. fig. 1 Frederick Winslow Taylor Frederick Winslow Taylor is considered the creator of scientific management. * Scientific management, or Taylorism, is a management theory that analyzes work flows to improve economic efficiency, especially labor productivity. This management theory,  developed by Frederick Winslow TaylorRead MoreOperations Management Paper1329 Words   |  6 Pagesto the Field of Management NAME Amberton University Operations Management MGT5203.E1 Teacher June 13, 2011 MGT5203 Assignment 1 - Contributions to the Field of Management What is operations management? Operations management is the management of processes that create goods and/or services which is the core to any business. (Stevenson, 2012) Operations involves leading within several operational duties such as: service design, process selection, selection and management of technology, designRead MoreManagement Thoughts and Theories1727 Words   |  7 PagesMANAGEMENT THOUGHTS AND THEORIES The industrial revolution, which began in Europe in mid-1700s, was the starting point for the development of management concepts and theories. PRECLASSICAL CONTRIBUTORS TO MANAGENENT THOUGHT Name Period Contribution Robert Owen 1771- 1858 Proposed legislative reforms to improve working conditions of labor Charles Babbage 1792-1871 Advocated the concept of ‘division of labor; devised a profit-sharing plan which led to the modern-day Scanlon Plan AndrewRead MoreFactors affecting women entrepreneurs success1224 Words   |  5 Pages1-1 Introduction to Operations Management Operations Management William J. Stevenson 1-2 Introduction to Operations Management Operations Management Figure 1.1 The management of systems or processes that create goods and/or provide services Organization Finance Operations Marketing 1-3 Introduction to Operations Management What Do Operations Managers Do? †¢Ã¢â‚¬ ¯ What is ‘Operations’? †¢Ã¢â‚¬ ¯ †¢Ã¢â‚¬ ¯ a function or system that transforms inputs into outputsRead MoreApplying Social Technical Theory in Knowledge Management (Km)1058 Words   |  5 PagesApplying Social Technical Theory in Knowledge Management (KM) The theme of my paper pertains to the application of Social Technical Theory in Knowledge Management. Technology has changed the operation of business organizations around the world. Applying socio-technical theories in knowledge management advances the ability of one organization to rapidly disseminate and share information vital to the fast, sophisticated and highly demanding information technology superhighway. Timely andRead MoreOperation Management1673 Words   |  7 PagesWhat is Operations Management? Operation Management is concerned with any productive activity, whether manufacturing or service, in public sector or private sector, profit making or not profit making. It is concerned with ensuring that operations are carried out both efficiently and effectively. All mangers are operations managers since all functions within an organization are, presumably, productive activates it goes without saying that all function should be carried out efficiently and effectivelyRead MoreManagement Theories And Management Theory1003 Words   |  5 PagesManagement Theories Management theory can be used in many organizations when starting out a business. It addresses how managers and leaders relate to their organization in the knowledge of their goals. It implements on how to set the goals and motivate their employees to perform in a high standard. Management theory consist of three important aspects operation strategy, innovation management and process management. Operation Strategy is to maximize the effectiveness of the whole production, butRead MoreAnalysis Of Organizational Management During The United States Military1545 Words   |  7 PagesAnalysis of Organizational Management in the United States Military Throughout history, the theory of what constitutes effective management practice has evolved with the changes and advances in technology and society. However, there are basic principles of each theory that have either influenced contemporary theory or are overtly used in today’s organizations. For example, the United States military overall ascribes to a classical organizational theory of management with an emphasis on transactionalRead MoreManaging Business Assignment992 Words   |  4 PagesLearning Outcomes You should be able to: Appreciate the different management theory and practice from the era of scientific management to contingency theory. Demonstrate knowledge of the underlying concepts and principles related to entrepreneurial and management activities. Deliverables This assignment represents 30% of the total INCOURSE marks for this module. The deliverables: A report of 1,000 words. You should state the number of words