Showing posts with label Articles. Show all posts
Showing posts with label Articles. Show all posts

Wednesday, May 7, 2008

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

Wednesday, January 2, 2008

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

Friday, December 28, 2007

PRINCE2 TM Certification

PRINCE2TM
Foundation & Practitioner Course

Bangalore: Jan 7 - 11, 2008 | Mumbai: Jan 14 - 18, 2008 | Delhi: Jan 21 - 25, 2008

Earn 35 PDUs

Why PRINCE2TM?

By undergoing the certification process and achieving a PRINCE2TM qualification you will have demonstrated your knowledge of the PRINCE2TM method to a recognised examined standard. This is important as many employers now wish to recruit candidates with specific skills in PRINCE2TM and are aware of the PRINCE2TM qualifications and what they mean in terms of PRINCE2TM competency.

Opportunities post PRINCE2TM

For individual project managers certification is becoming increasingly recognised as not just a nice to have but essential to demonstrate skills to prospective employers. In November 2005 a search on three major job websites revealed over 1,600 opportunities that specifically mentioned requirement for PRINCE2TM.

For existing project managers PRINCE2TM certification provides a means to formalise knowledge and to adopt an approach based on industry best practice. PRINCE2TM does not intend to replace activities you currently undertake but instead provides a structure for thinking about what aspects of current practice could be improved.

For those looking to make a move into project management, PRINCE2TM provides an excellent place to start. Through its process led approach, PRINCE2TM specifies the steps necessary to successfully run a project. Alongside PRINCE2TM defines the role and responsibility of each member of the project team and describes techniques to support the planning and running of a project. This all contributes to give those, new to managing projects, a comprehensive understanding of the role.

Why are organisations choosing PRINCE2TM to manage their projects?

More and more organisations are adopting PRINCE2TM to manage their projects. There are a number of reasons why this is happening:

Increasingly organisations recognise the importance of consistency in management of projects. PRINCE2TM as an open standard provides a common set of terminology to allow discussion of projects in a uniform way.

Rather than developing an expensive and time consuming in-house method. Organisations can adopt PRINCE2TM quickly and easily. PRINCE2TM can be easily customised and further developed as necessary.
PRINCE2TM provides the benefit of historical experience on numerous projects in all manners of industries.

By adopting PRINCE2TM, organisations ensure that their project teams are all communicating in a common language, thereby reduce confusion and misunderstandings. Individuals new to a project or organisations can get involved straight away and make an immediate contribution as they know the processes and steps that the project will follow.

Target Audience

The course is suitable for any organisation from any industry or individual seeing the need for a controlled approach to managing its projects, including: Project/ Programme Managers, Project Support, Team Members from any discipline.The PRINCE2TM method is flexible and adaptable for any type and size of project. It offers an excellent management foundation for any member of staff; no prior Project Management knowledge is necessary. "PRINCE2TM ensures the delivery of our accountabilities; its structured approach meets or exceeds customer requirements and business demands", Pam Trott, Project Development Manager, Cable & Wireless.

Wednesday, December 26, 2007

APICS certifications

APICS offers three certification programs, Certified in Production and Inventory Management, Certified Supply Chain Professional, and Certified in Integrated Resource Management.

APICS certifications are recognized worldwide as standards of professional excellence and quality within the manufacturing and service industries.

Certified Supply Chain Professional
APICS has created a new industry certification—the Certified Supply Chain Professional designation—to meet the rapidly changing educational needs in the field of supply chain management.

Is APICS CSCP Right for You?

Earning an APICS certification can take you from a qualified candidate to a sought-after expert. Around the world, APICS certification designees are recognized, promoted, hired, and paid more.

Especially in today’s growing and changing supply chain management field, to maintain your competitive edge, you must continuously increase your knowledge, skills, and expertise. Stay competitive with the APICS Certified Supply Chain Professional certification.


What is the APICS CSCP?

The APICS CSCP brings your company’s entire value chain into perspective. By giving you a truly end-to-end view of the supply chain, you become the expert, not just within your organization’s walls—you become the global expert.

From manufacturing to service, in business and consumer markets, the increasingly important role of effective supply chain management affects all organizations. Customer expectations are high—with the APICS CSCP, you can ensure that your company not only meets, but exceeds them.

What Do These People Have In Common?

Nick Testa, CFPIM, CIRM
Nick changed his career path from engineering to a management focus, establishing himself in the manufacturing community. As a vice president of operations, he increased company output by 50 percent. He has now started his own company, Acuity Consulting Inc. managing a staff of 10.


Mike Moody, CPIM, CSCP
Mike joined a Fortune 500 company and was promoted to purchasing manager. He later became director of materials and successfully reduced inventory, maintaining inventory accuracy. He initiated a formal cycle counting program at five plants, reducing the total days on hand from near 40 to the low 30s and still decreasing.


Maryanne Ross, CFPIM, CIRM, CSCP

Maryanne tripled her income due to APICS knowledge and networking opportunities. She changed her career path from material handling to a series of more advanced positions. She currently owns her own business.