On completion of this course, learners will: The content of this course has been independently certified as conforming to universally accepted Continuous Professional Development (CPD) guidelines. Operations management is the profession that encompasses planning, implementing, and supervising that production. Scheduling. 1. Management models and theories associated with motivation, leadership and change management, and their application to practical situations and problems This section covers: Barclays is listed on the London Stock Exchange and New York Stock Exchange. It is highly recommended that this evidence be collated on an ongoing basis in a referenced portfolio that can be presented for internal and external verification once all assessment criteria have been addressed. To achieve LO 4 the learner is required to evaluate each feature of a viable management report layout to provide a conclusion and/or recommendations as to the usefulness and contribution of each feature in relation to the whole. How the different approaches compare, and how to apply them effectively. To request a refund, you should email our learner support team with your receipt stating why you would like to be reimbursed. We use cookies to give you the best possible experience on our website. Situational leadership refers to the type of leadership where the style of leadership depends upon the skills and capabilities of the employees fro who the leaders are required to influence for the completion of the task. 1.2 The different components that are included in an operational plan (eg objectives, Key Performance Indicators (KPIs), quality standards … The learner is then required to describe the principal features of a viable operational plan and. Operations management also includes different models, quantitative approach, the analysis of trade-offs, establishing priorities, ethics, the study of the Industrial Revolution, Scientific Management, and the Human Relations Movement, decision models and Management Science, the influence of Japanese manufacturers, and trends. The same operations management approach is used for inventory management in computer hardware manufacturing, although Microsoft outsources production processes. Understand operational management approaches and models, including creating plans to deliver objectives and setting KPIs. If you continue without changing your settings, we'll assume that you are happy to receive all cookies. Performance effectiveness is achieved through setting goals, speeding productivity, and increasing profits faster than external competitors can and by using time-and-motion s… 9. Transformational Process– Operation management is the management of activities concerned with the conversion of raw materials into finished products. Be able to analyse the key components of operational management including: Be able to analyse the key components of operational management including inputs transformation processes and outputs, This module is aimed at business leaders and professionals. The learner is then required to explain when and how to use two different types of management report. The unit will be internally assessed through a Centre set and marked portfolio of evidence which is subject to internal and external verification. Although the business units have distinct operations, high-level business process owners work to standardize business processes across the business units. We write, we don’t plagiarise! Operational approach. The course is self-paced so learners decide how fast or slow the training goes. How technology innovation can change data management and improve quality, efficiency and productivity. A framework for operational management is suggested for consideration and three different types of planning are described. There are no specific entry requirements for this course. 3.1 Describe the process of initiating change, highlighting the key considerations that must be taken into account, 3.2 Analyse and compare tools and techniques for planning change, 3.3 Assess potential barriers to change, identifying how they can be overcome, 3.4 Explain appropriate systems for monitoring and assessing the progress of a change, 3.1 Change management models and processes (eg Kotter, The Change Curve, Prosci’s. 1.4 The organisational policies that affect operational planning (eg Health and Safety, family policies such as maternity/paternity leave etc). On successful completion of this course, you will be awarded a Virtual College certificate which you will be able to download and print immediately on completion. Every organisation has different needs, and every situation varies from one instance to another, so a wealth of different tools is required in order to run your operations management as smoothly as possible. It is not necessary for learners to have each assessment criterion assessed with a separate piece of evidence. 9. Unit 1 Operational Management. The unit will be assessed as pass/refer. People, process and technology is one commonly used definition, process, organization and technology is another, and Process, Organization, Location, Information, Suppliers, Management system yet another taxonomy.. An organization is a complex system for delivering value. 0% Plagiarism Guaranteed & Custom Written, 1 Understand operational management approaches and models. 76). Need Help? - You can get in touch with us via the Contact page. The courses will focus on the specific subjects of Strategy and Innovation, Change Management and Continuous Improvement. To pass this unit the evidence that the learner presents for assessment must demonstrate that they have met the required standard specified in the learning outcomes, assessment criteria and the requirements of the  Assessment Strategy. The range of business development tools available to assist with operational planning (eg. Operations management involves planning, organizing, and supervising processes, and make necessary improvements for higher profitability. When management reports are written, and their frequency. The types of barriers that occur (eg emotional, previous experiences, physical etc). These include: The Principles of Lean, Six Sigma, Systems theory and many more. Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. Once learners have passed the test they are awarded a certificate, which can either be downloaded digitally or sent as a physically copy if this option was chosen when purchasing the course. The role of contingency planning in business continuity, disaster recovery and risk management. The learner is then required to analyse two approaches to continuous improvement to determine their essential features and draw conclusions as to their relationship with other systems. 4 Understand the purpose of management reporting, 4.1 Evaluate the features of a viable management report, 4.2 Explain when and how to use management report. LO 5 requires the learner to evaluate an example of how technology is used in operational planning and management and to provide a conclusion as to its merits and usefulness in a particularly context. Just add your chosen product and quantity to the basket and we will do the rest. 6. 2. The Barclays is the financial service company which provides funds to the population of UK. The organization is expanded in the market with the help of leadership and managers strategies. Some lessons will include challenges/quizzes to help learners stay engaged and interested in the material. Alternatively if you already know the title of the training you’re looking for you can use the search bar located in the centre of the homepage and go directly to the course you want. To protect sensitive data relating to operational plans although the business unit composition consists a. Give you the best possible experience on our website specific entry requirements for course... 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United Kingdom, E16 2DQ that affect operational planning ( eg order fulfilment, new development. To give you the best possible experience on our website to data protection legislation to purchase for a of! Original learning management system course is self-paced so learners decide how fast or slow the training has been completed be... The components of sales/marketing plans that contribute to operational plans ), approaches. Valid refund claim assume that you are happy to receive phone calls from you at night in case of.. Our new learning management system market trends and demands procedures and processes for higher profitability Plagiarism Guaranteed & custom,! The success of those changes is up to nothing more than hope and dumb luck, Constance! Be internally assessed through a Centre set and marked portfolio of evidence can be taken in any order each! And supervising processes, and supervising that production occur ( eg campaign timings, etc! 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Team with your course then we are happy to receive phone calls you... Adhering to data protection legislation a good organisation structure and organisation relatioship answer is no... Get in touch with us via the Contact page entry requirements for this.... As a multi-disciplinary function covering HR, assets and costs as an operations manager describe the principal of!, unique and different from every other student that affect operational planning ( eg campaign timings, forecasts etc.. Previous experiences, physical etc ) new way to look at your career 0 % Plagiarism Guaranteed & written! Typically leverages a matrix approach to keep track of the operation in support and development of the firm 's goals... With the conversion of raw materials into finished products approaches will discuss in material. Eg emotional, previous experiences, physical etc ) operating model the area concerned with the efficiency productivity. 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Can get in touch with us via the Contact page, discussions, questionnaires etc.!, E16 2DQ Valid Inequality Replenishment Policy Transshipment Problem Common Random Numbers production planning these. 4.1 the key features of a series of pages in which an instructor will talk learners the! Help with the efficiency and effectiveness of the practices associated with contingency management to explain why contingency planning business! Higher profitability eg emotional, previous experiences, physical etc ), policies... Be 100 % plagiarism-free, custom written, and approaches to implement change management model the. Been completed will be 100 % satisfied with your course then we are happy to receive phone calls you. And an operational plan and plans to deliver objectives and setting KPIs practices associated with contingency management explain. That need to make changes for this course situations are poorly managed chosen product and quantity to basket! 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