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Summary
TLDRThis video explains the importance of operational management in a company, focusing on its role in improving profitability. The speaker, Agung Helmi, outlines key functions of operational management, including planning, organizing, leading, and controlling. These functions help companies achieve goals, optimize resources, boost employee productivity, and maintain high product quality. The video emphasizes the necessity of operational management in ensuring smooth company operations, increasing employee engagement, and supporting strategic objectives. Viewers are encouraged to like, comment, and subscribe for more business, tax, and finance content.
Takeaways
- 😀 Operational management focuses on maximizing the use of resources like materials, equipment, and human capital to increase company profitability.
- 😀 The ultimate goal of operational management is to improve the profitability of the company by ensuring smooth operations.
- 😀 Effective operational management helps a company achieve its goals by keeping all activities aligned with its strategic objectives.
- 😀 One key function of operational management is **Planning**, which involves setting objectives and developing strategies to achieve them.
- 😀 Another function is **Organizing**, where operational management structures the workforce and resources to support the company’s goals.
- 😀 **Directing** involves leadership, supervision, and motivating employees to work efficiently and productively.
- 😀 **Controlling** ensures that the company’s activities align with its objectives, using feedback and adjustments to improve processes.
- 😀 Operational management enhances employee productivity by providing proper training and motivation.
- 😀 It boosts the company’s reputation by ensuring high-quality products that lead to customer satisfaction.
- 😀 Operational management optimizes resources, minimizing waste and improving overall efficiency.
- 😀 Motivating employees by helping them understand their roles within the company contributes to better performance and job satisfaction.
Q & A
What is operational management?
-Operational management refers to the process of planning, organizing, leading, and controlling resources and activities within an organization to maximize efficiency, productivity, and profitability.
What is the primary goal of operational management?
-The primary goal of operational management is to increase the profitability of a company by ensuring that all operational activities are aligned with business objectives and are executed efficiently.
How does operational management help a company achieve its goals?
-Operational management helps a company achieve its goals by monitoring and controlling activities, ensuring all tasks are carried out in alignment with the company's plans and objectives.
What are the key functions of operational management?
-The key functions of operational management are planning, organizing, leading, and controlling. These functions help in setting goals, structuring the company, motivating employees, and ensuring that operations follow the established plans.
What is the role of the planning function in operational management?
-The planning function in operational management involves setting the company's goals, developing strategies, and ensuring that all activities are conducted in line with the company's objectives. It also involves deciding on resource allocation.
How does the organizing function contribute to operational management?
-The organizing function in operational management involves determining the structure of the company, such as departments, teams, and roles. It ensures that resources are appropriately allocated and that divisions work together to achieve company goals.
What is the importance of the leading function in operational management?
-The leading function is critical because it focuses on providing leadership, supervision, and motivation to employees. It ensures that employees perform optimally and remain productive, thus contributing to the overall success of the company.
How does the controlling function support operational management?
-The controlling function ensures that the company adheres to its plans and objectives. It involves monitoring progress, making adjustments when necessary, and improving communication within the organization to ensure goals are met efficiently.
What role does operational management play in employee motivation?
-Operational management plays a vital role in motivating employees by providing training, setting clear expectations, recognizing achievements, and creating a work environment that fosters productivity and job satisfaction.
Why is it important to optimize resource usage in operational management?
-Optimizing resource usage is crucial because it ensures that a company’s resources—such as raw materials, equipment, and human resources—are utilized effectively and efficiently, minimizing waste and maximizing output, which ultimately contributes to higher profitability.
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