Every organization competing in an industry depends on its managerial processes or the operations in order to generate revenue which assists the organization in remaining competitive in the long run. These processes have to be managed effectively and efficiently while minimizing flaws or shortcomings by the managers to ensure that losses are reduced (Gray and Larson, 2007). If an industry is analyzed it seems that every organization is dedicated to devote ample attention on its operations. This is done to ensure that the organization is heading in the right direction and the tasks or the processes are utilizing appropriate resources to manufacture the product or provide the services for the organization. If it is observed that the operations have some flaws, for instance it is observed that resources are being excessively used with no extra output being generated, then at this stage the management of that organization must take suitable actions to ensure that operations or the managerial processes in the organization are managed in a more effective and efficient manner.
If one considers large multinationals organizations, it can easily be concluded that such organizations spend a significant sum of their budgets in enhancing the operational activities that form the core processes of the organization (Gray and Larson, 2007). Nike, Unilever, Nestle, Toyota, Intel and many other big names in the world are analyzing, implementing & executing managerial processes in the best way possible, and this is the reason why their operations all over the world are managed with so much ease. Today, large multinational organizations have their own operations management departments that are essentially concerned with handling the operations and other core organizational activities in such a manner that it benefits the organization in best way possible (Fincham and Rhodes, 2008).
These are just random excerpts of essays, for a more detailed version of essays, term papers, research paper, thesis, dissertation, case study and book reviews you need to place custom order by clicking on ORDER NOW.