Summer 2023 Decision, Risk & Operations Management B8106 section 001

Operations Strategy

Call Number 12144
Day & Time
Location
MTWRU 9:00am-5:00pm
420 Kravis Hall
Points 3
Grading Mode Standard
Approvals Required None
Instructor Medini Singh
Type LECTURE
Method of Instruction In-Person
Course Description A firm's operations encompass all the activities that are performed in order to produce and deliver a product or a service. 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 firms 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 firms 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 firms operations, including those interested in consulting, entrepreneurship, mergers and acquisitions, private equity, investment analysis, and general management. The course consists of four modules. The first module, Strategic Alignment," explores the question of how a firms operations should be structured so as to be consistent with the firms chosen way to compete. The second module, "Firm Boundaries," considers the question of what operational activities should remain in house and what should be done by a business partner and the long-term implications of these decisions on competitive advantage. This module also addresses the issue of managing the business relationships with supply chain partners. The third module, "Internal Operations," considers key decision categories in operations, e.g., capacity decisions, process choices, IT implementation, and managing networks, and shows how these decisions can lead to distinctive capabilities. The final module, "New Challenges," is set aside to address new topics that reflect the current trends in the business environment."
Web Site Vergil
Subterm 07/18-08/04 (L)
Department Decision, Risk and Operations
Enrollment 58 students (65 max) as of 5:05PM Friday, April 12, 2024
Subject Decision, Risk & Operations Management
Number B8106
Section 001
Division School of Business
Open To Business, Journalism
Campus Morningside
Section key 20232DROM8106B001