Chapter 2 – Operations Strategy for Competitive Advantage Introduction What – How to choose a strategy for your business Where – In any strategy that wants to achieve its mission Why – To decide how the business will be conducted Strategy Effective endeavors have a mission Strategy is an organization’s plan to achieve a mission Competitive Advantage We want to craft the strategy that will achieve the best competitive advantage Competitive advantage is the creation of a unique advantage over competitors Three Basic Strategies Differentiation Cost Leadership Response Critical Success Factors Activities that are key to achieving a competitive advantage Strategy Related to Operations Management Design of Goods and Services Managing Quality Process Strategy Location Strategy Layout Strategy Human Resources Supply-chain Management Inventory Management Scheduling Maintenance Case – Global Strategy at Motorola What Strategy did Motorola adopt? How did Motorola answer the 10 questions? What were Motorola’s Critical Success Factors?