Advanced Operations Strategy

London Business Training & Consulting

Program Description

Advanced Operations Strategy

London Business Training & Consulting

Key Information

  • Course Code: OPM101
  • Duration: 2 weeks
  • Fee: £4145

Course outline

Developing Resources and Processes for Strategic Impact

  • Why is operations excellence fundamental to strategic impact?
  • What is operations strategy and how is it different from operations management?
  • What is the ‘content’ of operations strategy?
  • The operations strategy matrix
  • What is the ‘process’ of operations strategy?

Operations Performance

  • Operations performance can make or break any organization
  • Judging operations performance at a societal level
  • Judging operations performance at a strategic level
  • Judging operations performance at an operational level
  • The relative importance of performance objectives changes over time
  • Trade-offs – are they inevitable?
  • Targeting and operations focus

Substitutes for Strategy

  • Fads, fashion and the ‘new’ approaches to operations
  • Total quality management (TQM)
  • Business process reengineering (BPR)
  • Six Sigma
  • Some common threads

Capacity Strategy

  • The overall level of operations capacity
  • The number and size of sites
  • Capacity change
  • Location of capacity

Purchasing and Supply Strategy

  • Do or buy? The vertical integration decision
  • Contracting and relationships
  • Which type of arrangement?
  • Supply network dynamics
  • Managing suppliers over time
  • Purchasing and supply chain risk

Process Technology Strategy

  • Process technology should reflect volume and variety
  • The product-process matrix
  • The challenges of information technology (IT)
  • Evaluating process technology

Improvement Strategy

  • Operations improvement
  • Setting the direction
  • Importance-performance mapping
  • Developing operations capabilities
  • Deploying capabilities in the market

Product and Service Development and Organisation

  • Innovation, design, and creativity
  • The strategic importance of product and service development
  • Product and service development as a process
  • A market requirements’ perspective on product and service development
  • An operations resources perspective on product and service development

The Process of Operations Strategy – Formulation and Implementation

  • Formulating operations strategy
  • What is the role of alignment?
  • Maintaining alignment over time
  • What analysis is needed for formulation?
  • The challenges to operations strategy formulation
  • How do we know when the formulation process is complete?
  • What is operations strategy implementation?

The Process of Operations Strategy – Monitoring and Control

  • What are the differences between operational and strategic monitoring and control?
  • How is progress towards strategic objectives tracked?
  • How can the monitoring and control process attempt to control risks?
  • How does learning contribute to strategic control?

Target audience

  • Chief operations officers and chief executive officers
  • Operations directors and managers
  • Heads of departments
  • Senior operations executives, officers, and staff
  • Those who wish to gain a comprehensive understanding of the interaction between operational resources and market requirements.
  • Those who wish to transform their companies’ prospects through the way they manage their operations resources strategically, turning their operations capabilities into a formidable asset.
  • Those who wish to use operations strategy as a major source of competitive advantage in for-profit businesses or the route to achieving social welfare in not-for-profit enterprises.
  • Those who appreciate operations strategy as central, ubiquitous and vital to any organization’s sustained success.

Learning outcomes

Upon completion of this course, you will be able to understand:

  • The meaning of operations strategy and how all parts of the business can use perspectives on operations strategy to establish a connection between strategy and operational processes and resources.
  • How to judge the performance of operations.
  • A broad approach to assessing operations performance at a societal level that uses the ‘triple bottom line’ to judge an operation’s social, environmental and economic impact.
  • How operations performance can be judged in terms of how it affects an organization’s ability to achieve its overall strategy.
  • The more directly operational level aspects of performance – quality, speed, dependability, flexibility, and cost.
  • Three related aspects of performance that are fundamental to understanding operations strategy: how the relative importance of different aspects of performance changes over time; how performance objectives trade off against each other (do improvements in some aspects of performance necessarily mean a reduction in the performance of others?); and how exceptional performance levels can be reached by focusing on a limited set of objectives and exploiting the trade-offs between objectives.
  • Some ‘new approaches’ to operations and the extent to which they can be seen as ‘strategic’, as well as how they fit into operations strategy.
  • The principles behind how operations configure and reconfigure their capacity.
  • Purchasing and supply decisions as a critical set of operations strategy decisions.
  • The analytical dimensions for identifying the technical, managerial and ‘operations strategy’ characteristics of the technology.
  • The technology options that exist, ‘why’ potential investments in process technology investments work in practice, and ‘how’ to make such investments work in practice.
  • The risks associated with implementation due to the number of high-profile failures and claims of waste that seem to go hand-in-hand with such investments.
  • The more general issues of how companies can shape the routines that encourage the ongoing developments of their operations.
  • Product and service development as a core issue for operations strategy.
  • The formulation and implementation of the process of operations strategy.
  • The monitoring and control of the process of operations strategy.
This school offers programs in:
  • English


Last updated September 22, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Dec. 2018
Apr. 1, 2019
Duration
Duration
Price
Price
4,145 GBP
Information
Deadline
Locations
United Kingdom - London, England
Start date : Dec. 2018
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End date Dec. 21, 2018
Start date : Apr. 1, 2019
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End date Apr. 12, 2019
Start date : Aug. 5, 2019
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End date Aug. 16, 2019
Start date : Dec. 9, 2019
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End date Dec. 20, 2019
Dates
Dec. 2018
United Kingdom - London, England
Application deadline Request Info
End date Dec. 21, 2018
Apr. 1, 2019
United Kingdom - London, England
Application deadline Request Info
End date Apr. 12, 2019
Aug. 5, 2019
United Kingdom - London, England
Application deadline Request Info
End date Aug. 16, 2019
Dec. 9, 2019
United Kingdom - London, England
Application deadline Request Info
End date Dec. 20, 2019