Answered Essay: Describe how operations strategy is developed. at least 300 words

Describe how operations strategy is developed. at least 300 words

Expert Answer

Business strategies are basically the combination of various policies adopted by the organizations to accomplish its long term goals, There are a number of strategies which can be used by the organizations. There are some firms which focus only on single strategy while there are some firms which use the combination of these business strategies in order to cater the varied demand of differentiated customers and markets.

The companies which are having the different business strategies are required to have the varied type of operations capabilities so that they can effectively fulfill the demand and specific needs to these markets. In fact, a company can target the markets which are quality sensitive, price sensitive and feature sensitive and it may have different strategies for these different markets. If these strategies are not backed up by the differentiated operational capabilities then the firm will not be able to fulfill the demand of the customers.

Different operational capabilities will ensure that various operations process is designed specially keeping the type of strategy adopted for that market. The difference in operational capability will also ensure that firms can vary the various determinants as there is a change in the strategies and thus make the operations more effective and productive.

In order to develop the operational strategy, it is important for the business organizations to determine the various competing priorities of the organization. Once these priorities are determined, then the firm must translate into production requirements which are related to the organizational structure and infrastructure of the firm. The various decisions which are related to the organizational structures are connected to the designs of the production process, on the other hand, the decisions related to infrastructure are associated with the decisions related to planning and control of different types of operations conducted in the business organization.

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