Content of Master of Operations Management - 510 pages Book - Content below
Table of Content
Part I: Foundations of Operations Management 9
1. Introduction to Operations Management 9
1.1. Intended Audience 9
1.2. What is Operations Management? 10
1.3. Definition of Operations Management 10
1.4. The Essence of Operations Management 11
1.5. Historical Evolution of Operations Management 13
1.6. Key Principles and Objectives 14
1.7. Key Objectives of Operations Management 16
1.8. The Role of Technology in Modern Operations Management 18
1.9. Sustaining High Performance In Continuous Change 19
1.10. The Importance of Operations Management 22
1.11. Key Responsibilities of Operations Managers 23
1.12. The Role of Management Operating System in Operations Management 24
1.13. Operations Management in Different Industries 26
1.14. Interdisciplinary Nature of Operations Management 27
1.15. The Future of Operations Management 27
2. Operations Strategy and Competitive Advantage 28
2.1. What's About 28
2.2. Understanding Operations Strategy 29
2.3. The Role of Competitive Advantage 29
2.4. Impact on Profitability 30
2.5. Efficiency vs. Effectiveness - fundamental concepts 32
2.6. Aligning Operations Strategy with Business Strategy 34
2.7. Key Components of Operations Strategy 34
2.8. Achieving Competitive Advantage through Operations Strategy 36
2.9. Operations Strategy Frameworks 37
2.10. Core Operations Strategy Frameworks 38
2.11. Trade-Offs in Operations Strategy 40
2.12. Decision-Making Frameworks in Operations Strategy 42
2.13. Integrating Operations Strategy Frameworks 49
2.14. Global Operations Strategy 50
3. Value-Based Operations Strategy 54
3.1. Understanding Value Creation in Operations 54
3.2. Competitive Priorities: Cost, Quality, Speed, & Flexibility 56
3.3. Operations Strategy Frameworks 59
3.4. Case Studies: Successful Value-Driven Operations 61
4. Value-Based Performance Management Operating System 64
4.1. Definition 64
4.2. Purpose & Objective 64
4.3. Process Flow 65
4.4. Practical Example: VBPM in a Manufacturing Firm 67
5. The Value-Based Performance Management Operating System Elements 68
5.1. Strategic & Operational Projections (Forecasting) 68
5.2. Value-Aligned Execution Roadmap (Planning) 69
5.3. Value-Driven Operations (Perform & Following Up) 69
5.4. Performance Optimization & Learning (Evaluation & Reporting) 70
5.5. Conclusion – The VBPM-OS Advantage 70
6. Implementing Value-Based Performance Systems 71
6.1. Compressed Productivity 71
6.2. Designing a Customized Operations Framework 72
6.3. Integrating Technology for Performance Tracking 72
6.4. Employee Engagement and Incentive Systems 73
6.5. Continuous Feedback and Iterative Improvement 74
6.6. Measuring ROI in Operations Initiatives 74
7. Performance Management Operating System & Process 75
7.1. Refreshing Basic Definitions for Better Understanding 75
7.2. Key Elements of the Performance Management Operating System 81
7.3. The Performance Management Operating System in Action – Detailed breakdown of elements and structure items 83
7.4. Company Culture, Working Attitude, and Performing Management Behaviours. 187
Part II: Designing Efficient Operating Systems 192
8. Process Design and Analysis Techniques 192
8.1. Fundamentals of Process Design 192
8.2. Process Mapping and Flowcharting 192
8.3. Types of Processes: Batch, Continuous, Project-Based 193
8.4. Batch vs. One-Piece Flow 193
8.5. Bottleneck Identification and Elimination 193
8.6. Lean Process Improvement 194
8.7. Automation and Digital Process Optimization 195
8.8. Mastering Downtime Management: Advising on Effective Problem-Solving Strategies 197
8.9. Root Cause Analysis (RCA) – Effective Problem-Solving: Your Toolbox to Resolving Issues at Their Core 202
8.10. Unlocking the Power of Variance Management: Strategies, Tools, and Best Practices for Success 213
8.11. Throughput, Cycle Time, and Capacity Analysis 215
8.12. Workflow Analysis 218
8.13. "The Perfect Day-Perfect Week" – The Best Way to Make the Most of Every Moment 221
8.14. Process Reengineering 226
9. Operational Excellence in Action: Proven Techniques and Practical Applications 230
9.1. The 5S methodology 230
9.2. Kaizen and continuous improvement 235
9.3. Value Stream Mapping (VSM) 239
9.4. Overall Equipment Effectiveness ((OEE) & Overall People Effectiveness (OPE) 246
9.5. Time Management - Reclaim Your Most Valuable Resource – Time 249
9.6. Minimize or Eliminate Lost Time and Non-value-Added Expenditures 255
9.7. Coaching in the Workplace for Performance Improvement & Sustainability 257
9.8. The Power of Effective Reports – Actionable Insights with Daily-Weekly-Operating-Reports (DWOR) 261
9.9. The Trilogy of Right Meetings 263
9.10. Accelerating Performance Through Tasks Assignment Meeting! 266
9.11. Unlocking the Insights of the Day In the Life Of (DILO) - First-line Managers Analysis Best Tool 268
9.12. Short Interval Control (SIC) Boosting Productivity and Efficiency 270
9.13. The Gemba Walk: A Structured Approach 272
9.14. Single Minute Exchange of Die (SMED) 274
10. Quality Management 276
10.1. Definitions and Principles of Quality Management 276
10.2. Quality Control Tools and Techniques 279
10.3. Total Quality Management (TQM) 282
10.4. Quality Standards and Certifications 286
11. Capacity and Supply Chain Management 292
11.1. Introduction to Supply Chain Management 293
11.2. Supply Chain Management System: The Structure 296
11.3. The Bullwhip Effect and Its Mitigation 301
11.4. Value Chains and Supply Chains 308
11.5. Supply Chain Strategies 309
11.6. Capacity Planning Strategies 313
11.7. Demand Forecasting Techniques 317
11.8. Supply Chain Network Design 320
11.9. Supply Chain Dynamics 323
11.10. Supplier Relationship Management 326
11.11. Risk Management in Supply Chains 335
Part III: Execution and Performance Measurement 339
12. Inventory and Resource Management 339
12.1. Types of Inventory and Their Functions 339
12.2. Economic Order Quantity (EOQ) Models 343
12.3. Just-in-Time and Lean Inventory Systems 346
12.4. Warehouse Management and Optimization 349
12.5. Warehousing, Distribution, and Last-Mile Delivery Challenges 351
12.6. Logistics and Distribution 353
12.7. Sustainable Inventory Practices 356
13. Project Management in Operations 359
13.1. Fundamentals of Project Management 359
13.2. Project Planning and Scheduling 362
13.3. Risk Management in Projects 368
13.4. Agile Project Management 374
13.5. Project Management Tools 378
13.6. Project Execution and Control 383
14. Performance Measurement and Continuous Improvement 388
14.1. Key Performance Indicators (KPIs) 388
14.2. Data-Driven Decision Making 413
14.3. Benchmarking and Best Practices 420
14.4. Real-Time Monitoring and Dashboards: The Pulse of Operational Excellence 425
14.5. Heads-Up and Learn from The Work – Extracting Valuable Lessons Learned from Your Work 429
Part IV: Leadership and Strategic Execution 432
15. Operational Leadership and Change Management 432
15.1. Leadership Styles in Operations Management 433
15.2. Leadership and employee engagement 436
15.3. Driving Cultural Change for Operational Excellence 438
15.4. Managing Resistance to Change 443
15.5. Transformational Leadership in Operations. 447
15.6. Sustaining Operational Excellence Over Time: The Marathon, Not the Sprint 450
16. The Art of Relationship Management - Conflict Management and Achieving Effective Resolution 452
16.1. Control Your Emotions: The Linchpin of Effective Conflict Management 452
16.2. The Conflict Resolution: From Friction to Fusion 456
16.3. Empathy and Emotional Intelligence 459
16.4. Building Emotional Intelligence 463
16.5. "Performance vs Confidence (Trust)" 465
16.6. Emotional Intelligence, Empowerment, and Delegation 471
Part V: Practical Applications and Case Studies 476
17. Real-World Case Studies in Operations Management 477
17.1. Amazon’s Supply Chain and Logistics Mastery 477
17.2. Toyota’s Lean Production System 482
17.3. Tesla’s Manufacturing Innovation 489
17.4. Zara’s Fast-Fashion Operations Model: A Masterclass in Agility 495
17.5. Apple's Global Supply Chain Strategy: The Symphony of Seamless Execution 500
18. The peak of operational mastery! 506
19. Appendices 508
19.1. Bibliography and references 508
19.2. Methodologies and Tools 510