Business Management: Decision Making Tools

Operations Strategy Why we might be interested in Operations Strategy Operations Strategy is one of the most important categories for organizations (firms), which apply Operations Management, aimed at cost-effective adaptation under demand changes. Individual efforts to influence the cost, quality and availability and to reach organization's goals are usually wasted. To start determining Operations Strategy in an organization properly we must know the meaning of a strategy and main features of operations strategy. We have to understand how Operations Strategy links with organizational value and competitive strategy and overall business strategy. What questions sould be asked and considered by firm's managers and experts.

Scalability What is it? It seems that this term, Scalability , is used by managers rarely. However you can meet it within MOOC courses, devoted to business and operations management or manufacturing systems. According to the analysis of publication ( Putnik et al., 2013 ) Scalability within the manufacturing community has started to gain major attention since approximately the year 2000. G. Putnik and co-authors depicted dynamics of number of papers by the search terms ‘scalability AND manufacturing’ in world leading publishers’ collections such, as Elsevier, Springer, T&F, Wiley, Emerald, JSTOR, ACM, and IEEE. You may see that the number increased from about 200 to nearly 1600 over the period 2000-2012. Search results found for two queries and on ScienceDirect.com have showed rise in the quantity of scientific papers (Fig.1). Search terms included all sources by categories Business, Management and Accounting, Decision Sciences, Economics, Econometrics