Explain tangible and intangible strategies, Operation Management

Assignment Help:

There are tangible and intangible strategies that organizations can evaluate their system effectiveness on. Based on Tangible value, Revenue increase, Cost decrease---labour, material, Process improvement---fewer errors, faster cycle time, Strategic improvements---market share, brand awareness, employee engagement, and customer satisfaction Intangible value, Improvement in decision making, Communication, Compliance, Collaboration, Agility, and Organizational competency. What is the most important strategy to measure return value? What is the least important? Explain the perspective.


Related Discussions:- Explain tangible and intangible strategies

Describe the various stages in team development, Question 1: (a) Descri...

Question 1: (a) Describe the various stages in team development. (b) What are the characteristics of an effective work team? Question 2: (a) Define Leadership. (b)

Describe a work breakdown structure, A Work Breakdown Structure (WBS) compo...

A Work Breakdown Structure (WBS) component is a term that simply refers to an entry in the WBS that can be at any level.

Explain team prior to raising a follow-on fund, How should foster position ...

How should foster position herself and her team prior to raising a follow-on fund?

Question, What do you understand by “line balancing”? What happens if balan...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

Explain increasing the level of confidence, All other things held constant,...

All other things held constant, increasing the level of confidence for a confidence interval estimate for the difference between two population means will result in a wider confide

Explain which option is more economical, A company is the logistics vendor ...

A company is the logistics vendor for B Company. B has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard s

Define quality and definition of quality, 1) Definition of Quality Part 1: ...

1) Definition of Quality Part 1: How do you define Quality? Provide a definition of quality, support your definition, and define the stakeholders who are affected by your quality d

Introduction to the operations function, Introduction to the Operations Fun...

Introduction to the Operations Function Firstly, consider the economy where gross domestic product (GDP) has been subdivided into its major divisions which are agriculture, ma

Explain this in relevance to uncertain events, Imagine the difficulties of ...

Imagine the difficulties of an employer whose decision context is choosing a new employee from a set of applicants whom he will interview. What do you think the employer's objectiv

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd