Operations Strategy

SKU: OPS Category:

Description

Course Overview:

An operations strategy refers to a set of operational decisions that a firm makes to achieve a long-term competitive advantage.  These decisions may be about the firm’s facilities, its technology/process choices, its relationships with both upstream and downstream business partners etc. The goal of this course is to provide students with an understanding of how and why operational decisions are integral to a firm’s success. The course builds on concepts from the core Operations Management course and the core Strategy Formulation course. 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 general management.

Course Objectives:

  • Understand how to use operations strategy as a guidance for the organization’s operational activities and business strategy improvement.
  • List a number of conceptual tools for analyzing operations’ strategy and enhancing the operations performance.
  • Apply tools and models in the analysis of operations strategies and processes.
  • Recognize the impact of operations on sustainability and how operations can contribute to a sustainable society
  • Understand how digitalisation, in the context of Industry 4.0, may influence the operations strategy and processes.
  • Formulate an improvement plan for strategic operations strategy alignment.

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