What do you mean by Operation Strategy? Discuss Linkage of Operation Strategy with Corporate Strategy
Answers
Hey mate!
I am here with your answer!
Operational strategies refers to the methods companies use to reach their objectives. By developing operational strategies, a company can examine and implement effective and efficient systems for using resources, personnel and the work process.
Hope this will help you
“Operations strategy is the total pattern of decisions which shape the long-term capabilities of any type of operations and their contribution to the overall strategy,” they write. Technology and business models are rapidly changing, so businesses must keep pace and look to the future.
Operations strategy has a vertical relationship with overall business/corporate strategy, and it has a horizontal relationship with other functional strategies, such as strategies for marketing, sales, finance, IT, and HR.