factory.png

Factory

Unit 5 - Operations management

chart-increasing.png

Chart Increasing

Unit 1 - Introduction To Business Management

briefcase.png

Briefcase

Unit 2 - Human Resource Management

money-bag.png

Money Bag

Unit 3 - Finance & accounts

direct-hit.png

Direct Hit

Unit 4 - Marketing

bar-chart.png

Bar-Chart

Unit 6 - Assessment

Imagine if business was a pizza, then operations would be the cheese, connecting all the toppings. Simply, it&#39;s the &quot;what&quot; of a business - like baking the pizza itself.

Real-world Example

<ul>
	<li>🚗 Car Manufacturing: The &quot;what&quot; is making cars.</li>
	<li>💇&zwj;♂️ Hairdressing: The &quot;what&quot; is cutting and styling hair.</li>
</ul>

Operations don&#39;t work alone! It&#39;s like making a YouTube video - there&#39;s filming, editing, promoting, and more. Every part is important.

<ul>
	<li>
	Human Touch (Unit 2)

	<ul>
		<li>Hairdressing: Direct human touch, as the stylist works on your hair.</li>
		<li>Car Manufacturing: Indirect, where a worker might program machines to make the car.</li>
	</ul>
	</li>
	<li>
	Show Me The Money (Unit 3)

	<ul>
		<li>Operations need moolah! Budgeting is key.</li>
		<li>We need money to pay the worker in the car factory, or make sure our cool hair salon doesn&#39;t run out of cash and can continue to glam people up.</li>
	</ul>
	</li>
	<li>
	Marketing Magic (Unit 4)

	<ul>
		<li>You&#39;ve made it, now flaunt it! Whether it&#39;s the shiny new car or a chic haircut, you need to market it.</li>
		<li>The aim? Make both the salon and car company successful and popular.</li>
	</ul>
	</li>
</ul>

An operations manager isn&rsquo;t just someone yelling &quot;Faster! Better!&quot; They&#39;re the secret sauce behind the scenes, coordinating with other departments like they&#39;re playing a strategic game of chess.

&nbsp;

Ever wondered how they&#39;re so cool? Here&#39;s why

<ul>
	<li>
	Scale Matters: They know if producing more is actually cost-effective or if it&#39;s draining money. They spot things others might miss, like if machines are getting too old or if the maintenance cost is skyrocketing.
	</li>
	<li>
	Motivating the Team: They have insights on what keeps the team going. They might spot that a &quot;Pizza Friday&quot; works better than rotating job roles.
	</li>
	<li>
	Cutting the Extra: They have an eagle eye for spotting unnecessary costs. Imagine finding out that turning off a machine when not in use can save thousands!
	</li>
	<li>
	Adding the Extras: They can suggest if introducing a new product feature is a good move or a money-drain. But always good to mix their practical views with creative marketing ideas.
	</li>
</ul>

Operations isn&#39;t just about &quot;doing the thing&quot;. It&#39;s a big puzzle piece in the vast business puzzle. It&#39;s not just about delivery, it&#39;s also about strategy and big decisions.

&nbsp;

So next time you see a product or experience a service, remember there&#39;s a world of operations behind it making it all happen!&nbsp;

&nbsp;

And hey, keep rocking those business concepts! 🎸🔥

Unlock The Power Of Business Operations: The Key To Profit & Success

ib-standard-level.webp

Standard Level

Business Management SL

Unit 5 - Operations management

Unlock The Power Of Business Operations: The Key To Profit & Success

Table of content

Operations - what's the big deal? 🔍

Operations & other business BFFs (functions) 🤝

Unlock the Full Content!

Unit 5 - Operations management

Unlock The Power Of Business Operations: The Key To Profit & Success

Table of content

Operations - what's the big deal? 🔍

Operations & other business BFFs (functions) 🤝

Unlock the Full Content!