Operational and Strategic Management Tasks

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Operational management tasks are the regular processes of implementing goals and procedures. They help your business run efficiently and help to deliver high-quality products to your customers. These include processes like production and supply chain management as well as scheduling. They also include resourcing, inventory control, and inventory control. While strategic management sets long-term goals and broad business plans operational management focuses on the specifics of implementing these strategies.

Strategic management is a more high-level process that requires more expansive ideas and visions. This is why it is usually carried out by senior managers like the CEO, CFO or founder. It also considers the branding, ideals, and philosophy of an organization’s culture and its mission.

When a leader of a company decides on the direction for an organization, they’ll seek out their operational management team for specific strategies and tactics. They will be more specific and thus easier to implement and change in the future. A strategic plan of management could include the notion that an organization should be more sustainable and use recycled material in their packaging. However, the exact process of obtaining that material as well as switching to electric vehicles for shipping may be an operational management concern.

Modern businesses need to be ready to respond to unexpected and sudden challenges that could threaten their existence. Regulations and global trade barriers are examples of these potential challenges that are beyond the control of any company. In these situations, a good operations manager will conduct risk analysis and mitigation in order to prepare for the most severe scenarios.

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