Operational management (or managementoperations) deals with current tasks, but this does not mean that the decisions made by him within the framework are not important. On the contrary, without the solution of everyday tasks, the company's activities are impossible.
Operational management is actuallydevelopment of solutions to reduce the cost of the company without losing the quality of the results of these activities. Thus, operational management in the solution of everyday tasks deals with the overall optimization of the company's work.
Удачные операционные решения часто копируются competitors, so they are rarely an advantage, at least for a long time. But this does not mean that it is not necessary to look for non-standard solutions that allow to optimize the company's activity: pioneers, as a rule, still remove some of the cream.
The function of operational management is often so orotherwise it is dispersed across various services of the company. This allows the chiefs of these services to optimize production processes within their segments, which ultimately will have a positive effect on the activities of the whole company.
The study of operational management within the framework ofuniversity or advanced training, undoubtedly, useful to middle and senior managers, since the organization and management of the company, in addition to experience, requires theoretical and practical knowledge.
In addition, knowledge of the basic principlesoperational management will be useful in assessing the performance of the company in general. The study of this discipline is useful not only for managers, but also for accountants, financiers, marketers and even programmers.
Operational analysis in financial management, aspart of the short-term planning, helps to track the dependence of the company's performance in monetary terms, that is, the profit from the costs of production and its volumes.
This analysis is often called an analysisbreak-even, because it can calculate, including the volume and nature of production, under which the financial results of the company will be zero. It also helps determine the company's profitability threshold and allows predicting the financial consequences of making certain decisions.
Thus, operational analysis and operationalmanagement are closely related, so that entrepreneurs and managers must own these disciplines, so that the company not only continued its activities, but also developed as efficiently as possible.
