MANAGING BUSINESS OPERATIONS Essay Example | Topics and Well Written Essays - 1750 words

MANAGING BUSINESS OPERATIONS - Essay ExamplePublic stakeholders who consist of field residents, local entrepreneurs, and foreigners touring the area in question are some of the m totally stakeholders drawn in with issues affecting the Olympic Games. former(a) major stakeholders include the government, sports and tourism organizations, volunteer organizations, and the Organizing committee for the Olympic Games. Officials from each host city endeavor to host the best games possible, envisioning the longevity of positive impacts. Mega sporting events such as the Olympics, Paralympics and the FIFA World loving cup have significant potential to leave a social, economic and infrastructure legacy for the host corporation and country (Coward, & Konstantinidis, 25). In fact, the events are often marketed on this basis. The potential legacies are recognized in the charters of both(prenominal) the International Olympic Committee and the International Paralympics Committee (Dickson, Edwards , Darcy, Benson, & Blackman, 34). Operational management was a huge incision of preparing for the Olympics (Nick 4). All characteristics of project management including performance time and costs were to be analyzed and properly executed. It is important for a logistics person to keep in mind having time to plan, good communications, careful tracking and control, confrontation the deadline and meeting goals (Richard 12). Risk management was also a big part of the management issues. Risks can radix from the area of security, public health, technology, economics or natural ecology (Chopra, Deshmukh, Mieghem, Zemel & Anupindi, 55). In the run up to the Olympics, ensuring cooking for games involved strategic pre emption through stress testing and scenario planning (Seguin, & OReilly 12). UPS Operations Strategies Operations strategies run an overall direction that serves the framework for carrying out all actions in an organization. It shapes up the long term capabilities of any t ype of operations and contributes to the overall strategy by bringing together market requirements and operations resources. It is an puppet which helps in defining the processes of producing goods or services offered to customer (Chase, Jacobs & Aquilano 108). UPS Values include integrity, teamwork, service, quality and efficiency, safety, sustainability, and innovation (Deepa 8). The order aims at growing worldwide line of descent by offering excellence and value in all that they do and by meeting all the logistics needs of their customers. The company maintains strong finances and broad employee self-control this leads to a long-term competitive return to the share owners. UPS aims at Inspiring by offering chances to individuals and business partners to do their best, for personal development and success (Greg 3). They lead by example as a caring, obligated and sustainable organization developing the society they serve. UPS Enterprise Strategy UPS strategy is based on glob e of value for customers (Lambert , Miriam &Susan 3) - This is through demonstrating how the power of logistics can create a competitive advantage for our customers. By offering products and services, that expands customers access to global markets. It can also be done through configuring a broad portfolio of solutions for targeted industries. And finally, by offering industry-leading technology that simplifies and improves customers business processes (Jesse &Ronald 7). The Company also wants to continually transform to strengthen its leadership position. UPS aims at delivering an exceptional customer