Operational Analysis – Performance Analysis & Free Research Papers

Are you searching for an explanation of operational analysis? Read this article to learn the operational analysis definition, importance, and step-by-step process.

🔝 Top-5 Operational Analysis Examples

1. Global Business Management: Japanese Market Place
2. Atwood and Allen Consulting Company: Training Plan
3. Customer Relationship Management and Operational Management
4. Operational Analysis and Effectiveness in Organization
5. Ryanair in the European Low-Cost Airline Industry

🤔 What Is Operational Analysis?

The meaning of operational analysis is easy to understand when running an enterprise, irrespective of the industry or location. It is the process used to determine and increase the efficiency of different aspects of a company. It involves the comprehensive assessment of a business, including its production methods, equipment implementation, material costs, and workplace conditions.

To ensure that the approach and final report are free from bias, companies should hire experts from outside an organization to do the operational analysis process. In most cases, the analysis is used in operation management, especially when choosing areas for improvement.

What Is Operational Excellence?

Businesses face various internal and external challenges, and operational excellence is what keeps them afloat during difficult times. Operational excellence means implementing an organization’s strategy or business plan more consistently and reliably than competitors. It addresses business challenges, leading to lower operating costs and higher revenue.

What Is an Operational Risk?

Operational risk is a type of risk or loss that results from flawed or failed policies, processes, events, or systems that cause disruptions in an enterprise’s operations. Criminal activities like fraud, employee errors in financial management or other procedures, and physical events can trigger operational risks. If an organization does not attend to them immediately, it may face financial losses, a decline in a competitive advantage, and total failure.

What Is Operational Cost?

Operating costs are related to an enterprise’s administration and maintenance of its day-to-day running. Direct costs of goods sold, maintenance and raw material expenses, and overhead costs, such as rent and payroll, fall into this category. When doing a market and business analysis, an organization’s operating costs are deducted from the company’s revenue.

❗ Importance of Operational Performance Analysis

If you’re not running a company, the importance of operational performance analysis might be unclear. Here is why it is so vital to conduct this process:

• It allows for a business’s self-evaluation. When an enterprise starts the operational performance analysis, it can quickly assess its position in the market. This analysis is, therefore, paramount in defining the fiscal health of the enterprise.
• It helps managers and leaders make better decisions. Based on the definition of operational analysis, it is a handy tool for assisting enterprises in meeting their objectives.
• It helps cut down unwanted costs. When implemented well, the framework for operational analysis can help a business to optimize profitability.
• It strengthens competitive advantage. The analysis helps a company identify and address shortcomings in its operations, thus giving it a competitive edge. An organization should consider updating its business models if competitors have better training and development, research, and other processes.

👣 Operational Analysis Process: Step by Step

Operational analysis isn’t always easy to tackle, even for someone with business experience. In this section, we will explain this procedure in detail:

A good operational analysis should take advantage of internal experts’ input and objectively present the gap between the organization’s desired and actual operational performance. When done well, the operational performance analysis can be the turning point for a company’s success.

💡 Essay Ideas on Operational Analysis

1. Strategic Plan for Dubai World Trade Centre
   Business essay sample: In order to develop a reasonable strategic plan for Dubai World Trade Centre, housing keeping department, the company’s mission and dream must be integrated with its objectives
2. Diageo Ltd.: Strategic Financial Management
   Business essay sample: Diageo Ltd it's a holding that specializes in the following areas: production and distribution of alcoholic beverages; sale of bitters and liquors; hospitality industry.
3. Jet Airways' Strategic Financial Management
   Business essay sample: The purpose of this report is to evaluate the strategic position of Jet airways. Jet Airways is one of the leading private airlines in India.
4. My Home Solution: Company Analysis
   Business essay sample: My Home Solutions is a middle-sized fashion firm that is headquartered in Johannesburg South Africa and is an independent subsidiary of Malcolm designs.
5. Summary of Supply Chain Logistics Management
   Business essay sample: Supply chain management covers many strategies to ensure efficiency in operations. There is a need to establish appropriate logistics to ensure the supply chain management success.
6. XYZ Company: Training Needs Analysis
   Business essay sample: The TNA is a systematic investigation of which parts of a company need training. XYZ company suffers some problems in managing employees, which can be solved due to training.
7. Competitive Advantage, Organisational Culture and Lufthansa’s Financial Issues
   Business essay sample: Lufthansa’s success as one of the world’s largest carriers is predicated on anticompetitive practices and acquisitions enabled by its resources amassed before deregulation.
8. Operations Management Overview
   Business essay sample: Nissan's management needed to address operational efficiency as the most important factor to increase the profitability of the company as a whole.
9. Walmart Supply Chain Case Study
   Business essay sample: This case study highlights the challenges faced by Walmart from a digital competitiveness point of view where efforts to compete with Amazon are failing.
10. Business Plan E & D Hamburger Restaurant
    Business essay sample: This business plan presents a marketing, financial and operational analysis of the E & D Hamburger Restaurant.
11. Walden Farms Company's Location Decision-Making
    Business essay sample: Walden Farms was founded in 1972, and it is a leader in healthy food production. The company seeks to create foods with a low amount of calories, sugars, fats, and gluten.
12. Strategic Management Case Study Analysis TiVo
    Business essay sample: The paper describes factors affecting TiVo Company, such as economic, social, political, and technological factors.
13. Multinational Company : Virgin Group
    Business essay sample: Virgin Group is an English holding company that was founded by Richard Branson and Nik Powell in 1970. Virgin operates several businesses in the United States.
14. Strategic Analysis and Operational Considerations
    Business essay sample: An adequately prepared strategic analysis of an enterprise allows it to make informed management decisions and reduces the risks affecting its position in the industry.
15. Furniture Shoppe Firm's Operational Dimensions
    Business essay sample: This paper discusses the operational dimensions of Furniture Shoppe, what is wrong with the current process, how the efficiency and effectiveness of the business could be improved.