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Operational and Strategic Management Tasks
A business can only operate effectively if its day-today activities are in line with the overall goals of the company. Operational management is focused on how the company is performing its duties, whereas strategic management establishes goals for the long term. Professionals in a variety of fields have to understand the differences between these two facets.
Management of an operation requires a number of skills, including communication, project planning and making decisions. Depending on the position, it may also include the ability to use technology and information management expertise.
Operational Management is the process of organizing, executing and evaluating the daily workflow of a company. This includes departments like production, finance, and information technology. It involves setting the priorities, making decisions that affect business and aligning these aspects to support the overall company goals. This involves determining the best way to allocate resources such as personnel and materials as well as equipment.
One of the most important responsibilities is to ensure that the company’s workflow is in line with the needs of clients and is cost-effective. It also includes setting up quality control, monitoring the progress of the process and making adjustments when needed. This typically involves analyzing the current and future operational environment, like the changing regulations or needs of customers.
Other responsibilities could include the use of Business Process Automation (BPA) an application that automates and streamlines routine tasks and procedures to increase efficiency. Communication with other departments, such as marketing and sales is also essential. Effective communication skills are needed, such as active listeners and the ability to understand nonverbal cues. It could also involve fostering an environment of teamwork and collaboration between employees with different backgrounds and backgrounds.
