Operational management tasks are all the routine steps of implementing business goals and procedures. They help your business run efficiently and enable you to deliver quality products to customers. They include processes such as production and supply chain management as well as scheduling. They also include resourcing, inventory control and inventory control. While strategic management defines long-term goals and broad business plans operational management concentrates on the details of executing these strategies.

Strategic management entails broader ideas and visions that are more complex, which is the reason it’s typically handled by higher-level management positions like the CFO, CEO, or the founder. It also takes into account the branding, ideals, and the company’s work ethic and mission.

When a leader in a company decides on the overall direction of an organization, they will likely consult their operations management team for specific tactics and strategies. These will be more detailed and thus easier to implement and alter in the future. For instance, a strategic management plan might include the idea that a business should be more eco-friendly and use recycled materials in their packaging. However, the exact logistics of obtaining this material and switching to electric vehicles for shipping could be an operational management concern.

To be successful, modern businesses needs to be ready to unpredictable and unexpected threats to its existence. These challenges are out of the control of an organization. In these situations, a good operations manager will conduct risk analysis and mitigation in order to prepare for the most severe scenarios.

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