Get a Free E-Book! ($50 Value)
HIRE A WRITER!
Paper Types
Disciplines
Get a Free E-Book! ($50 Value)

Operations Strategy and Global Competitiveness, Essay Example

Pages: 1

Words: 313

Essay

Discussion Point One:

  • In examining the benefits of “innovativeness” for operations, the text book lays out a number of strategies including innovation to provide new products for the “early adapters”, “imitation”, and outright purchasing of the innovation, primarily through M&A. It would seem that these strategies are blending together, and as such, would have palpable implications for operations.  For example, Samsung has traditionally assumed an “imitator” role; however, with the latest development of the “smart watch” it is now innovating in addition to its traditional role, as well as purchasing innovation through M&A.  How do we understand operational decisions from a multi-faceted operational strategy?
  • In the “Strategy and Competitiveness” section, the textbook advises that competition can be measured in a number of ways over the short and long-term; those metrics include profitability and market share over the short-term. I wonder if even below these surface metrics there is a more fundamental one that measures the competiveness of a firm across the short- and long-term: economic value added. That is, the ability of the firm to add value above the market rate of capital returns.  Do you think this is a better measure that spans across the time continuum?
  • How do we understand the notion of “core capabilities” in an era where firms must constantly capture values in different areas, some outside of their putative “core competency?
  • The text book talks about the phenomenon of “outsourcing” and talks of the efficiencies related to (greater specialization and efficiency) along with the negative qualities (the firm loses the ability to do the work). As business moves towards increased innovation, isn’t it more important to keep those functions in-house, particularly as studies have found that there are advantages to development for firms that have robust in-house capabilities?
  • What are the implications for operations as business increasingly becomes global?

Works Cited

Meredith, Jack, and Shafer, Scott.  Operations Management for MBAs: Fourth Edition.  Boston: Wiley, 2010.

Time is precious

Time is precious

don’t waste it!

Get instant essay
writing help!
Get instant essay writing help!
Plagiarism-free guarantee

Plagiarism-free
guarantee

Privacy guarantee

Privacy
guarantee

Secure checkout

Secure
checkout

Money back guarantee

Money back
guarantee

Related Essay Samples & Examples

Socrates and Locke, Essay Example

Something both Socrates and Locke emphasized from what I gathered was the notion of truth. Socrates was a curious man, always wanting truthful answers, delving [...]

Pages: 1

Words: 563

Essay

Locke’s View of Philosophy, Essay Example

I believe the questions about ethics, knowledge, and reality mattered to Locke and Socrates. In Locke’s opinion man is a free agent, even before God, [...]

Pages: 1

Words: 294

Essay

Trust and Tacit Knowledge Sharing and Use, Essay Example

Tacit knowledge is the opposite of explicit knowledge, meaning that is difficult to communicate orally or through text (Reber, 1993). Tacit knowledge management is an [...]

Pages: 1

Words: 2058

Essay

Training the Multigenerational Workforce, Essay Example

After reading your proposal, I became curious as to whether research exists that explains why cohorts from different generations cannot be effectively trained using the [...]

Pages: 1

Words: 822

Essay

Tacit Knowledge Management, Essay Example

Tacit knowledge management is an essential component of business because it allows employees to gain a greater understanding of unspoken protocols and traditions within a [...]

Pages: 1

Words: 2002

Essay

The Three Fundamental Aspects of Crime, Essay Example

Discuss the three (3) fundamental aspects of crime and how each central to the concept of crime The three fundamental aspects of crime are, firstly, [...]

Pages: 1

Words: 242

Essay

Socrates and Locke, Essay Example

Something both Socrates and Locke emphasized from what I gathered was the notion of truth. Socrates was a curious man, always wanting truthful answers, delving [...]

Pages: 1

Words: 563

Essay

Locke’s View of Philosophy, Essay Example

I believe the questions about ethics, knowledge, and reality mattered to Locke and Socrates. In Locke’s opinion man is a free agent, even before God, [...]

Pages: 1

Words: 294

Essay

Trust and Tacit Knowledge Sharing and Use, Essay Example

Tacit knowledge is the opposite of explicit knowledge, meaning that is difficult to communicate orally or through text (Reber, 1993). Tacit knowledge management is an [...]

Pages: 1

Words: 2058

Essay

Training the Multigenerational Workforce, Essay Example

After reading your proposal, I became curious as to whether research exists that explains why cohorts from different generations cannot be effectively trained using the [...]

Pages: 1

Words: 822

Essay

Tacit Knowledge Management, Essay Example

Tacit knowledge management is an essential component of business because it allows employees to gain a greater understanding of unspoken protocols and traditions within a [...]

Pages: 1

Words: 2002

Essay

The Three Fundamental Aspects of Crime, Essay Example

Discuss the three (3) fundamental aspects of crime and how each central to the concept of crime The three fundamental aspects of crime are, firstly, [...]

Pages: 1

Words: 242

Essay

Get a Free E-Book ($50 in value)

Get a Free E-Book

How To Write The Best Essay Ever!

How To Write The Best Essay Ever!