Lecture 2-3 (OpMan)

Cards (66)

  • Remote Work and Telecommuting:
    The widespread adoption of remote work technologies (e.g., video
    conferencing, cloud computing) has disrupted traditional office environments. It has led to more flexible work arrangements, reduced need for office space, and changes in team collaboration dynamics.
  • The widespread adoption of remote work technologies has disrupted traditional office environments.
  • Remote Work and Telecommuting:
    It has led to changes in team collaboration dynamics.
  • Artificial Intelligence and Machine Learning:
    AI and machine learning technologies automate complex tasks, enhance decision-making, and provide predictive analytics. It reduces the need for human intervention in repetitive tasks and improves efficiency and accuracy in operations.
  • AI and machine learning technologies automate complex tasks, enhance decision-making, and provide predictive analytics.
  • AI and machine learning technologies provide predictive analytics.
  • AI and machine learning technologies reduces the need for human intervention in repetitive tasks and improves efficiency and accuracy in operations.
  • Internet of Things:
    It enables real-time monitoring and management of assets.
  • Internet of Things:
    This disrupts traditional maintenance and logistics operations by providing real-time data and predictive maintenance capabilities.
  • Internet of Things:
    This disrupts traditional maintenance and logistics operations by providing real-time data and predictive maintenance capabilities.
  • E-commerce and Digital Marketplaces:
    has transformed retail operations.
  • E-commerce and Digital Marketplaces:
    reducing the need for physical stores
  • E-commerce and Digital Marketplaces:
    changing supply chain logistics
  • E-commerce and Digital Marketplaces:
    altering customer service practices.
  • Blockchain disrupts traditional transaction and record-keeping
    processes.
  • Blockchain: providing a decentralized, transparent, and secure
    way to track transactions .
  • Blockchain Technology:
    This affects industries like finance, supply chain, and healthcare by reducing fraud, enhancing transparency, and streamlining operations.
  • Blockchain Technology:
    This affects industries like finance, supply chain, and healthcare by reducing fraud, enhancing transparency, and streamlining operations.
  • Automation and Robotics:
    Advanced robotics and automation systems take over manual
    labor tasks, especially in manufacturing and warehousing. This
    reduces labor costs, increases production speed, and improves
    precision but also requires a shift in work force skills and training.
  • Automation and Robotics:This reduces labor costs, increases production speed, and improves precision but also requires a shift in work force skills and training.
  • Automation and Robotics:Advanced robotics and automation systems take over manual labor tasks, especially in manufacturing and warehousing. This reduces labor costs, increases production speed, and improves precision but also requires a shift in work force skills and training.
  • Mobile and Digital Payments:
    The adoption of mobile payment systems and digital currencies disrupts traditional banking and payment processes.
  • Mobile and Digital Payments:
    The adoption of mobile payment systems and digital currencies disrupts traditional banking and payment processes.
  • Mobile and Digital Payments:
    It provides faster, more secure transactions and opens up new business models and revenue streams.
  • Mobile and Digital Payments:
    It provides faster, more secure transactions and opens up new business models and revenue streams.
  • Modern Operational Disruptors are often introduced as solutions to existing industrial problems, aiming to make operations more efficient and effective.
  • Road Mapping is a strategic planning process used to visualize
    and manage the path from the current state to a desired future
    state. It involves setting clear objectives, identifying the steps needed to achieve these objectives, and anticipating potential challenges.
  • In the context of adapting to modern operational disruptors, road mapping helps organizations create a structured approach to implement new technologies and processes, ensuring that the transition is smooth and sustainable.
  • Where are we now?
    This question involves assessing the current state of
    the organization.
  • Where do we want to be?
    This question defines the desired future state of the
    organization.
  • Where are we now?
    It requires a thorough evaluation of existing operations, technologies, workforce skills, and business processes.
  • Where do we want to be?
    It sets clear goals and objectives for what the organization aims to achieve by adopting new technologies or processes.
  • How do we get there?
    This question outlines the roadmap for achieving the
    desired future state.
  • How do we get there?
    It involves detailed planning of the steps needed, resource allocation, timelines, and risk management.
  • Through the road mapping process, organizations can identify multiple solutions to address the challenges posed by operational disruptors.
  • Road mapping:
    This comprehensive approach allows for the evaluation of various strategies and selection of the most effective path forward.
  • Road mapping:
    By considering different scenarios and solutions, businesses can make informed decisions that aligns with their goals, resources, and capabilities.
  • Road mapping is a strategic planning tool used in operations management to define and visualize the steps needed to achieve long-term goals.
  • Road mapping: This tool is especially valuable in responding to business problems brought about by disruptors.
  • Road mapping: This tool is especially valuable in responding to business problems brought about by disruptors.