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C What are the reasons for formulating and implementing an operations strategy?
Wiki User
∙ 11y ago
An Operations Strategy is a tool for management that lets them assess whether or not their business is operating as they intend it to.
- It would give management a target structure to which they could compare actual results to help determine the efficiency of their operations.
- It would allow management to be able to better control employees activities and control productivity issues.
- It would allow management to be able to identify deficient components of operations, and thereby allow them to control costs.
In general, think of it as an operational budget... where it is not tracking dollars, but operations / productivity / efficiency.
Wiki User
∙ 11y ago
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