10 principles of OPERATIONS MANAGEMENT by Randall Schaeffer

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Implementing best corporate practices to achieve optimal efficiency and performance in corporate funds is referred to as operations management. This involves appropriate methods, equipment, engineering, and labor management to produce high-quality products and services that support the business. Here are the 10 principles of operations management by Randall Schaeffer • #10principlesofoperationsmanagement #simplicityconsultancy • 👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽 • 💡We help company directors make better decisions and earn more money by improving their internal operations. We help you make better day to day decision 🧠 • 👨🏼‍💻we look deeper at topics from the eyes of a consultant ranging from how to start an online business and scaling your business to explaining operations management, business strategy, business restructuring and financial terminology that is crucial to your business! 👨🏼‍💻 • If you want NEED TO KNOW solutions for business that are actually important and not just textbook then consider subscribing for weekly videos from our background in management consulting and operations consulting. 👍🏽👍🏽👍🏽 • At Simplicity Consultancy we aim to make consulting simple. 💭 • 🚨Subscribe here: https://bit.ly/3i3qeRT 🚨 • 📚Do you want to increase profits, reduce complexity and streamline operations, get your FREE EBOOK here: https://go.simplicityconsultancy.co.u... • Who are we: https://www.simplicityconsultancy.co.uk/ • MY FAVOURITE GEAR: • 📕 The Best for taking Smart Notes: https://geni.us/SCNotes • 🎤 Voiceover Microphone: https://geni.us/SCMic • 📈What I Use For Video Analytics: https://vidiq.com/simplicityconsultancy/ • #operationsmanagement • 0:00 Introduction • 0:29 production management • 1:04 OPERATIONAL MANAGEMENT'S IMPORTANCE • 2:30 REALITY • 2:52 ORGANIZATION • 3:12 HUMILITY • 3:35 SUCCESS • 4:03 ACCOUNTABILITY • 4:36 CAUSALITY • 4:57 FUNDAMENTALS • 5:18 VARIANCE • 5:42 MANAGED PASSION • 6:07 CHANGE • 6:31 FINAL NOTE

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