Future of Operations Management

Opportunity: Techno-Business Managers

Excellence in the management of business operations and technology provides a competitive advantage in today's fast-paced business environment. The ideal mix of technology and management skills creates Techno-Business Managers who are equipped with technology, farsighted management practices, and leading-edge knowledge.

Operations Management as a Career

To strengthen the position in the globally competitive market, where rules are re-written every second, companies are striving to improve productivity, quality, cost and supply chain cycle times while still maintaining supreme quality standards of products and services.

In this aggressive situation opportunities are opening up to create an identity in a variety of sectors such as product manufacturing and transportation industries that deliver goods as well as the service sector companies including banking, insurance and government agencies. The following is an illustrative list of sectors open for careers in Operations Management
· Manufacturing
· Retail
· Consulting Firms
· Financial Institutions
· Transportation and Logistics
· Construction
· Information Technology
· Hospitality
· Insurance

The specific areas where the Operations Management Students would find opportunities to contribute include
· Operations Planning, Scheduling and Control
· Purchasing and Materials Management
· Distribution and Supply Chain Management
· Customer Service Support
· Project Management
· Quality management
· Operations Process Consulting
· Forecasting
· Traffic Management
· Inventory Planning and Control
· Process and Methods Planning
· Plant Engineering Management
· Warehouse Management and Distribution
· Six Sigma
· Lean Manufacturing

OM Skills in demand:
· The ability to lead and manage business processes & utilize the power of technology for all business applications
· A comprehensive knowledge of Basic, user level and consulting level competency in ERP (SAP R/3 & SCM)
· Interpersonal skills that enhances the ability to work as part of a team, strong analysis and applied learning skills
· The ability to adapt to rapid change and the ambiguity that is created by change
· Developing planning, organizing and time management skills

In addition to these you should be able to
· Be sensitive to the of shifts in economic, technological and management trends
· Develop a matured vision to foresee the range of possibilities and a highly evolved imagination to create solutions
· Strike and confront newer challenges and be alert to adjustments required in new directions
· Develop a flexible approach towards making adjustments and being steadfast in the face of misunderstandings and mistakes
· Remain committed to the ambition that they have set out to achieve

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Don't spend thousands of dollars on expensive PMP Workshops. The Project Management PrepCast™ is a 35-hour PMP® and CAPM® Workshop that you download to your MP3 player. Listen when and wherever you like. You will also receive 35 contact hours.

Our full-featured PMP® Audio Course fits in the palm of your hand giving you the flexibility to prepare for the PMP® exam wherever you take your MP3 player. And it's a lot more cost-effective... The Project Management PrepCast™ covers concepts, tools and techniques you need to understand and be familiar with to take the PMP® Certification exam. We cover material in the PMBOK® Guide, and we include the necessary models, theories and formulas not covered in the Guide. Our episodes are interesting and engaging. We won't bore you! We help you understand these concepts instead of memorizing them.

Here is an overview of the topics covered in our PMP® Podcast:

PMP® exam overview
The 9 Knowledge Areas from the PMBOK® Guide:
- Integration Management
- Scope Management
- Time Management
- Cost Management
- Quality Management
- Human Resources Management
- Communications Management
- Risk Management
- Procurement Management

Study tips
Exam day tips
The Project Management Framework
- Introduction to Project Management
- The Project Life Cycle
- The Project Management Processes

PMI Code of Ethics and Professional Conduct
Your Questions – Our Answers
And much more…


The podcast consists of 89 episodes. Each averages 25 minutes length and focuses on one concept or process. You can listen to them as often as you like to enhance your understanding. Download them all today.

Anyone currently studying to take the PMP® or CAPM® exam will find The Premium Project Management PrepCast™ valuable. While the Premium PrepCast™ focuses on the road to becoming a Certified PMP®, listeners studying for the CAPM® will find their topics covered as well.

How the PrepCast™ works



The Premium PrepCast ™ is delivered to you "pod-ready". After your purchase via PayPal, you will be able to add the PrepCast™ to your iTunes podcast subscriptions. (P.S.: Itunes is free tool. You can download from http://www.apple.com/itunes/download/ )Now you click the GET ALL button and all episodes start downloading.What you needTo download and start listening right now you will need:
A computer with internet connection
Free Apple iTunes (or similar podcatcher software like Juice)
MP3 Player or computer speakers to listen to the episodes

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Make sure that iTunes is installed before you buy. Clicking the link will take you to PayPal. Follow the PayPal instructions to pay the purchase price. After you have paid please click the " Return to Merchant" button. This will take you to subscription form.

2. Add the PrepCast™ to your iTunes
After you clicked the "Return to Merchant" button you will see the subscription form. Enter your name and email address. Now click the upper button that reads "iTunes Podcast - One Click Subscribe". (If you don't use iTunes, then click the lower button to manually add the podcast URL to your software.)

Episode Details

The Premium PrepCast™ offers over 35 hours of audio presentations in 89 episodes. The episodes closely follow the structure outlined in the PMBOK® Guide but include models, theories and formulas not covered in the Guide. No other online PMP® Workshop gives you such a vast number of episodes at our unbeatable price. Each Episode has a number that allows for easy sorting in your MP3 player. The episodes in which we discuss the Knowledge Areas from the PMBOK® Guide are numbered following the Guide's chapter numbers. For instance all episodes on Project Scope Management begin with the number 05.

# Number Episode Title
-- 00.00 Welcome
-- 00.01 Interview with Cornelius Fichtner, PMP
1 01.01 PMP Exam Overview
2 01.02 PMP Study Tips
3 01.03 The day of the exam
4 01.04 Introduction to Project Management
5 01.05 The PM Processes
6 01.06 The Project Life Cycle
7 01.07 The Role of the Project Manager
8 01.08 Overview of the Knowledge Areas
9 01.09 Code of Ethics & Professional Conduct
10 02.01 Interview with Arlene Trimble
11 02.02 Interview with Duncan McIntyre
12 02.03 Interview with Ron Holohan
13 03.01 Q&A 1
14 03.02 Q&A 2
15 04.00 Project Management Integration Overview
16 04.01 Develop Project Charter
17 04.02 Develop Preliminary Project Scope Statement
18 04.03 Develop Project Management Plan
19 04.04 Direct and Manage Project Execution
20 04.05 Monitor and Control Project Work
21 04.06 Integrated Change Control
22 04.07 Close Project
23 05.00 Project Scope Management Overview
24 05.01 Scope Planning
25 05.02 Scope Definition
26 05.03 Create WBS
27 05.04 Scope Verification
28 05.05 Scope Control
29 06.00 Project Time Management Overview
30 06.01 Activity Definition
31 06.02 Activity Sequencing
32 06.03 Activity Resources Estimating
33 06.04 Activity Duration Estimating
34 06.05 Schedule Development 1
35 06.06 Schedule Development 2
36 06.07 Schedule Control
37 07.00 Project Cost Management Overview
38 07.01 Cost Estimating Inputs
39 07.02 Cost Estimating Tools and Techniques
40 07.03 Cost Estimating Outputs
41 07.04 Cost Budgeting
42 07.05 Cost Control
43 07.06 Earned Value
44 07.07 A Bagful of Cost Terms
45 08.00 Project Quality Management Overview
46 08.01 Quality Planning
47 08.02 Perform Quality Assurance
48 08.03 Perform Quality Control Inputs and Outputs
49 08.04 Perform Quality Control Tools and Techniques
50 09.00 Project Human Resources Management Overview
51 09.01 Human Resource Planning Inputs
52 09.02 Human Resource Planning Tools and Techniques
53 09.03 Human Resource Planning Outputs
54 09.04 Acquire Project Team
55 09.05 Develop Project Team
56 09.06 Manage Project Team
57 09.07 HR Theory 1
58 09.08 HR Theory 2
59 10.00 Project Communications Management Overview
60 10.01 Communications Planning
61 10.02 Information Distribution
62 10.03 Performance Reporting
63 10.04 Manage Stakeholders
64 11.00 Project Risk Management Overview
65 11.01 Risk Management Planning
66 11.02 Risk Identification
67 11.03 Qualitative Risk Analysis
68 11.04 Quantitative Risk Analysis
69 11.05 Risk Response Planning
70 11.06 Risk Monitoring and Control
71 12.00 Project Procurement Management Overview
72 12.01 Plan Purchases and Acquisitions Inputs
73 12.02 Plan Purchases and Acquisitions Tools, Techniques and Outputs
74 12.03 Plan Contracting
75 12.04 Request Seller Responses
76 12.05 Select Sellers
77 12.06 Contract Administration
78 12.07 Contract Closure
79 80.01 Applied Concepts - Authority
80 80.02 Applied Concepts - Project Monitoring
81 80.03 Applied Concepts - Risk Attitudes
82 80.04 Applied Concepts - Team Development
83 80.05 Applied Concepts - The Communications Plan
84 80.06 Applied Concepts - The Value of Quality
85 80.07 Applied Concepts - Earned Value
86 80.08 Applied Concepts - Critical Chain
87 80.09 Applied Concepts - Virtual Team Management
88 80.10 Applied Concepts - Requirements Gathering
89 80.11 Applied Concepts - Culture Shock
-- 98.00 PMP Sample Exam Questions PDF Document

-- 99.00 How to take our Final Exam PDF Document

-- 99.99 Goodbye
The total size of all files is 2.1 gigabytes.


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How to Prepare for a Performance Appraisal

Performance appraisal should be treated as an ongoing developmental process rather than a formal once-a-year review. It should be closely monitored by both employee and reviewer to ensure that targets are being achieved. By preparing yourself diligently and demonstrating a willingness to co-operate with your reviewer to develop your role, you will create a positive impression.

To enable you to assess your own performance as objectively as possible, try to view it from your manager's perspective. Make sure you are conversant with the company's assessment policies and procedures. Study the performance appraisal documentation carefully. Go through it step by step, anticipating comments and preparing your responses.

Analyse your agreed performance targets. To what extent did you achieve them?

Consider your job description, your role within the organization, your duties and responsibilities.

Assess your performance in the light of the problems and frustrations you faced. Have you taken on any additional responsibilities or been involved in extra projects? How have you dealt with changes, innovations or unexpected problems? How does your work compare with that of your colleagues? Are there any ways in which can you increase your value to the organization?

Keep a detailed record of your work-related activities throughout the year. Specify your contributions and achievements, your difficulties and frustrations. Ensure that all relevant facts and figures are accurate and readily accessible. Collate the necessary documentary evidence to support your assertions, e.g. e-mails, memos, letters, press releases, newspaper articles, testimonials, etc.. Make a list of all conferences, seminars and training courses attended.

Be open and co-operative with your reviewer. Acknowledge problems, and deal positively and maturely with criticism. Avoid giving the impression that you are on the defensive.

Participate actively and enthusiastically in the appraisal. Listen attentively to everything your reviewer says. Aim for a positive and creative exchange of views.

Having considered your duties, responsibilities, goals and priorities beforehand, you will be in a better position to discuss them in an informed and objective manner. Ask for clarification if necessary.

If you are unhappy about targets or feel that they are unrealistic, say so sensitively.

By documenting your difficulties as and when you encounter them throughout the year you will be in a position during your appraisal to discuss them authoritatively and put them in the context of your overall contribution to the company. Stress how you have benefited from these experiences and have used the knowledge gained to improve your performance. Make constructive suggestions and, if necessary, ask for advice on how best to accomplish your targets.

In anticipation of your next appraisal, be sure to record and implement your reviewer's recommendations.

Think of ways in which you or your department could improve. If you are suggesting the provision of extra resources or specific training opportunities, stress the benefits that will accrue to the company.

From 'Four Minutes to Job Interview Success' published by Assignments Plus Business Publications