LESSON 6: ASSESSMENT
1. Explain Operational Planning in your own words.
The process of synchronizing strategic and technical goals and objectives is known
as operational planning (OP). It specifies how, or what percentage of, a strategic plan will
be implemented over a specified operating time, such as a fiscal year or another budgeting
term in the case of commercial applications. The activities and finances for each area of
the organization should be established in operational plans. They connect the strategic plan
to the actions that the organization will carry out and the resources that will be necessary
to carry them out. Operational planning provides every person in your organization, from
directors to managers to employees, with a clear description of their tasks and
responsibilities in order to achieve the long-term objectives, set in the strategic plan. These
principles will help you define the objectives of your operational plan.
2. What are the benefits of having a SWOT Analysis for an organization?
Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis is a method
of evaluating these four components of your company. SWOT Analysis may help you
make the most of what you have got to the benefit of your company. You may also lessen
your chances of failing by recognizing what you are lacking and avoiding threats that may
otherwise catch you off guard. Even better, you may begin to develop a plan that sets you
apart from your competition, allowing you to compete successfully in your market.
SWOT analysis identifies the strategies utilized to develop a specific business
model based on the company's resources and capabilities, as well as the environment in
which it works. It considers both internal and external elements that influence the
company's success. The analysis aids the organization in forecasting or predicting shifting
patterns, which is beneficial to any organization's decision-making process.
3. State a similarity between PERT/CPM and JIT.
Project management techniques such as CPM (Critical Path Method) and PERT
(Program Evaluation Review Technique) were developed in response to the necessity for
Western industrial and military enterprises to plan, schedule, and control large projects.
CPM/Key PERT's Concept is that the whole project is controlled by a small group of
activities that make up the longest path through the activity network. If these "essential"
tasks could be identified and allocated to responsible people, management resources might
be better focused on the few actions that determine the project's fate. Just like in Just-intime (JIT) manufacturing is a workflow approach targeted at minimizing production system
flow times as well as supplier and customer reaction times. JIT manufacturing allows
businesses to control unpredictability in their operations, increasing productivity while
cutting costs. Discipline, structure, and defined processes are required to support a JIT
production system.
4. What is the importance of Total Quality Management in Operational Planning?
Total quality management (TQM) is defined as a management technique that
focuses on long-term performance via customer satisfaction. All members of a company
engage in a TQM endeavor by working to improve processes, products, services, and the
culture in which they operate. TQM is a management system for a customer-focused firm
that has all employees participating in continuous improvement. TQM integrates the
quality discipline into the organization's culture and actions through strategy, data, and
effective communication. Many of these ideas may be found in today's quality management
systems, which are the successors to TQM, it also aids to aim for continual improvement
of business operations. It strives to ensure all associated employees work toward the
common goals of improving product or service quality, as well as improving the procedures
that are in place for production. TQM controls all actions and duties required to keep a firm
and its operations at a targeted degree of excellence. This involves establishing a quality
strategy, developing, and executing quality assurance and planning, as well as quality
control and improvement strategies.
5. How does Waste Management contribute to an organization's Operational Planning?
Management of Waste Garbage, sewage, and other waste products are collected,
transported, and disposed of in this industry. Waste management entails the treatment of
both solid and liquid waste. It also provides a number of options for recycling goods that
aren't classified as garbage during the process. The entire concept boils down to recycling
waste as a useful resource, and considering the present state of the environment, this
procedure is critical for all homes and companies. Waste Management contributes to
organization’s OP by saving valuable time and resources; allowing more efficient and
effective waste management decision-making during an incident; Encourages stakeholders
to work together; boosts the organization’s resiliency, resulting in a quicker and less costly
recovery; enhances organizations’ adaptation to the waste-related impacts of climate
change; minimally detracts from, or otherwise impacts, the broader response and recovery
efforts due to the efficient implementation of waste management activities.