In: Operations Management
Course Learning Outcomes-Covered
Question - Develop a hypothetical technological company of your own choice(1) Ikea 2) Nike 3) Seventh Generation 4) Panasonic 5) IBM 6) Unilever 7) Allergan 8) Patagonia 9) Adobe) in any field which follows the concept of ‘Sustainable Development’. Draw an outline of your company’s basic fields of operation and explain how it makes use of various sustainable techniques for its development. (Minimum 3 elements of Sustainable Development should be present in your company’s techniques.)
NOTE:
Question 1- Employ the skills for managing peoples and other complex issues in technology-based organizations.
Answer - There are certain skills that need to be employed in technological-based organizations or even in any organization.
a) Motivation - Supervisors or managers who can inspire their workers are true strength to their organization. This kind of interactivity not only extend efficiency and worker satisfaction, but it puts a good instance as well.
Important expertise in this field include:
b) Problem Solving - The accurate expertise set permits executives to recognize, face, and defeat various issues that may arise in the workplace. This first needs excellent awareness to detail.
Important expertise in this field include:
c) Professionalism - Good supervisors detain themselves to the inflated levels so that the workers will have a comprehensible approach to what they should attempt. Probity, Integrity, and professionalism are important abilities for strong managers.
Important expertise in this field include:
d) Communication- One of the most pivot culpability that supervisors have is liaising efficiently, both with the workers who work for them and with other executives or coworkers all around the workplace.
Important expertise in this field include:
e) Technical Skills - Technical expertise are more pivotal for junior executives rather than who is sitting at the top.
Important expertise in this field include:
f) Innovation - Innovation is a paternoster for almost every organization. Your contender is always venturing to establish the best new products and services forth to you. Businesses that initiate well remain at the top of the table, catching new customers with their fresh contribution, gift or rewards and keeping old customers happy with an uninterrupted selection of enhancements.
Important expertise in this field include:
Question 2 - Develop a hypothetical technological company in any field which follows the concept of ‘Sustainable Development’. Draw an outline of your company’s basic fields of operation and explain how it makes use of various sustainable techniques for its development. (Minimum 3 elements of Sustainable Development should be present in your company’s techniques.)
Answer - Nike Company - How They Build the Objective of Sustainable Innovation and Move With It.
Nike's way to continually began from the most uncommon of sources, labor socialist problems. Plunge into how Nike was accomplished to reversal it's brand and manifest to everybody that continually can be a strong tool for core improvement and generating a positive impact in the universe.
During the 90s & 2000s, Nike frequently gained calculable growth. In 1997, it gained 43 percent growth but diminish to a still-reputable 13 percent by 2008. By amalgamating large and efficient product marketing with a quick augmentation plan covers emanating markets.
Discovering Sustainability
This led the organization to amend its intervention model over its full supply chain. It began by operating on its Code of Conduct, which confirms that the functioning that developed in these worker problems are not encouraged. Nike also began to amend its pattern process and how it pompous other aspects of its supply chain. VP of Corporate Management Mrs. Jones accentuated the pivotal “pattern for the future as against to reconstruct for the past. She thought that pattern was a pivotal thing of the change in process.
Later on, stakeholders and inquisitors witnessed the interest of these advantages to the organization's core and brand awareness. By exit its worker relations trouble to succeed in the area of continual, some pundits confirmed Company has gone from bad to good. In recent years, the company lucratively developed itself as a brand committed to sustainability.
Thereafter the company harvests the advantages of its attempts in sustainability. During the 2000s, Company had established the Flyk-nit shoe pattern that modulates wastage. Adding a staging and performance factor to its marketing aided remarkable sales and surpass margins. The company also used feasibility as a pivotal core proficiency and marketing device against other shoe manufacturing companies.
Looking Ahead
In the World Economic Forum in Geneva, Nike expressed out apprehension about how weather change can influence its operations. It accentuated the ultimatum of the stream to supply chains in depressed areas. They also highlighted the requirement of water prevention as they faced water scarcity problems in particular areas. According to analyzer, water scarcity is the significant challenge that garment makers face. More than 15 to 20 percent of the world’s trade products are supplied in water-deficit areas. Obviously, the company is still unprotected to the ultimatum of weather change.
To address these challenges, Nike has begun to work heavily on the areas and technology of its new speculation. They have recently started a bone-dry factory and are making partnerships to curtail water usage.
Run With It
The company requires to use its newfangled status as an unceasing winner, not only to remoter areas its products, but also as resistance to coercion governments and agencies to perform or work on climate change. The company also requires to perform on more association with educational institutions & NGOs to advance harp on its plan or design of imperishable innovation. They must put forward its work with the major material scientists and engineers to remoter establish its pattern to make it wasteful on lavish as possible. There is a chance to stimulate end customers on the pivotal of unceasing. The company should obtain its niche as the leading organization in continual garments with the aim of not only obtaining its future market percentage but also guiding the end-customers of the pivotal of continual products.
From reducing habitat impact via product pattern to wedding revolution with unceasing, Nike has manifest to governments and agencies similar that unceasing done accurate, can help to gain growth and profit goals.