MANAGERIAL SYSTEMS AND OPERATIONS

Managerial Systems and Operations

Managerial Systems and Operations

Analyze and identify the information, operations and quality management problems the business is facing. In light of your analysis, recommend appropriate managerial systems for addressing the key problems

Operations management is described as the operation, design, and development of the systems that deliver and create the business's primary services and products. Like marketing and finance, Operations management is a practical field of business with apparent line management responsibilities. The operation management by a company it refers to the management of business operations and managing the business recourses efficiently in order to minimize the cost and maximizing the profit of the company. Therefore the operational management system of the company helps the company in managing their business operations. It is essential for any business to manage its functions properly in order to compete and remain a dominant force in market. Because the operation management is as important as other functions, the operation management refers to the management of all the operations related to the business (Chang & Tharenou 2004, p. 63).

The problems which Mr. and Mrs. Yates tend to face deals with the lack of integration of their different units. This allows the business to suffer at the end of the day. Due to this problem many other problems tends to rise which tends to include the issues such as quality management and catering to the needs of the consumers in the most appropriate manner. Mr. and Mrs. Yates needs to realize the fact that no business will be successful if they were not managing their operational functions properly. The operation management of all the business is important because the operations of the business are directly related to its cost. Operation Management allows the business to develop a business plans by inculcating different players on the same page. That business plan to judge the suitable areas for the expansion of the business or the areas which needs more attention. The companies need to evaluate their financial stability that the company has a sufficient financial fund to develop its operations into the new market that they are going to enter, and also it is important for the company to check that if they had enough funds to expand their business in the long run.

Operation management tends to look upon the areas of their daily operations whether it b production or any other department. The focus is however, on building up the engine in the business which can run the business smoothly and smooth work can only be achieved through forming teams. However, another issue which stands to be identified in the course of the problems Yates tends to face is the lack of diverse team members. As diverse team members tends to bring different cultures with them which will allow the Yates to cater to different the needs of the consumers in much more effective and efficient manner. However, the fact should be kept in mind that Multicultural teams are considered to be ...