Operations Management: Effectiveness and Criticality
Operations management is one of the not so fancy fields in the area of management. As a matter for fact, most of the business schools just incorporate some of the relevant subjects from operations management in their curriculum anddo not offerthis as a specialization option. This has created acute shortage of professionals in the field but at the same time this domain plays the most critical role in shaping up operations and driving efficiencies for product based organisations.
Any product based organization which is involved into procurement of raw material or components and converts them into finished products requires qualified professionals who can help them inplanning and execution of the strategies to maximise production, efficiency, cost effectiveness, timeliness and eventually boost their bottom line ie profitability of the company too.
Operations management can be considered as an art as well as science which combine and processes various inputs like capital, material, technology, information, machines, labour etc. It not only solves many critical problems faced by management like cost vs efficiency issues but also helps them in improvising on various aspects of industrial production. A good operations manager aspires to achieve higher level of productivity, competitive cost advantage, high quality, timely delivery and flexibility as well as responsiveness of management which is indulging in production of goods and services.
The roles and responsibilities of a good operations manager vary across industries. For example an operations manager in a software company focuses more on effective utilization of human resources while his counter part in an apparel production unit will drive the efficiency of machines combined with operators working upon the machines. A good operations manager is expected have excellent analytical skills combined with astuteability to plan and execute the operations. He is expected to be proactive in terms of anticipating challenges and problems which may arise any time and parallely he should always be researching and updating himself on new technologies as well as alternative methods to drive efficiencies.
Shortage of qualified professionals in operations management has led to creation of specialized degree known as MBA Operations Management. This degree equips the disciples with basics of industrial operations and management. It also instils analytical skills coupled with managerial skills in the individual which helps them in delivering their best performance under high pressure situations. It is a demanding profession which requires result oriented mind setalong with excellent interpersonal and communication skills.
This is where Symbiosis Institute of Operations Management (SIOM) steps into the picture with specialized operations management program. MBA from SIOM enjoys great credibility in the industry today and it’s alumni is serving various leading corporates across multiple industry verticals like automobiles, IT & ITES, FMCG, manufacturing etc. This course equips the individuals with perfect blend of theoretical knowledge, industry exposure and managerial mind set which helps them in exceling in their careers as operations manager. SIOM students also derive great benefit out of its campus at Nashik which is home to many manufacturing units from multiple industries which provides them excellent hands on industry exposure and employment opportunities. A career in Operations Management is highly rewarding in monetary terms also as there ishuge demand of qualified professionals in the field.
Symbiosis Institute of Operations Management is located at Nashik which is part of Maharashtra’s fast growing industrial belt and is part of renowned Symbiosis International University, Pune.
URL – https://www.siom.in/