Wondering what is an operations strategy and how companies use it to their advantage? Check out this page to get insight. We have some excellent cases and examples here: Walmart, McDonald’s, and more!
🔝 Top-10 Operation Strategy Examples
- The Coca-Cola Company's Operations Framework
- Toyota Global Operations Strategy
- Service Industry Operations Management: Southwest Airlines
- Starbucks Coffee Shop's Operations and Service Excellence
- Operations Management Priorities and Concerns
- Systems and Operations Management Practices at Airbus
- Toyota Production System Operation Management
- Airbus Company Operations Management
- Toyota Motor Corporation's Lean Manufacturing
- Operation Management: Productivity and Efficiency
📊 Operation Strategy Definition
An operations strategy is a guide for planning, analyzing, and implementing a company’s operations. Usually, the operation strategy complements the general business strategy to maximize profit and stay ahead of the competition. Organizations adopt operations strategies to make cost-effective decisions regarding the manufacturing and distribution of goods and services.
Operation Strategy: Key Elements
Understanding the critical elements of an operation strategy is a crucial step while implementing it. Here are five essential aspects of an operation strategy:
☝️ Why Is Operation Strategy Important?
Operation strategy is essential for business for these reasons:
- It ensures effective management of resources. Operations strategy helps organizations to manage all their resources effectively. Sometimes, resources are not surplus, but proper management allows optimal productivity.
- It improves employee efficiency. The different departments in a company work together to achieve the organization’s goal. The operation strategy helps to harness employee skills to improve efficiency.
- It fosters cooperation in an organization. The operations strategy outlines how departments in an organization work together. Therefore, the members of each department can appreciate how their departmental goals play a significant part in achieving the organizational goals.
📜 Operation Strategy: Types
Here are some core operations system strategies:
🛍️ Operation Strategy Example
Some companies have thrived thanks to well-thought operations strategies. Here are some examples.
Walmart
Walmart is multi-national retail cooperation that uses operations strategies effectively. These are the main principles of Walmart’s operations strategy:
- Strategic planning development and retail service expansion for goods and services.
- Quality management through three tiers of quality standards.
- Process and capacity design to satisfy customer needs.
- Supply chain management allows the company to balance business and suppliers’ needs.
McDonald’s
McDonald’s is a leading fast-food restaurant chain. Mcdonald’s operation strategy includes:
- Design of affordable products for consumers.
- Process and capacity design focused on fulfilling market demand.
- Location strategy aimed at reaching customers through online and traditional ways.
Toyota
Toyota is a typical example of effective operations management on a global platform. Toyota’s operation strategy is as follows:
- Maintenance. Toyota has developed a network of facilities to support the business globally.
- Inventory management. This operation strategy aims to reduce inventory size.
- Layout design and strategy. Toyota’s layout design and strategy optimize the efficiency of the workflow.
📝 Operation Strategy Research Paper Examples
- Nucor Corporation Strategic ManagementBusiness essay sample: Nucor's success can be attributed to several strategic options that the company adopted following the financial difficulties it faced in the 1960s.
- Sage Costuming Business's Operation StrategyBusiness essay sample: My operations strategy for Sage Costuming will mainly focus on its entry in to the market, how to raise its capital, establishing useful contacts within the industry.
- Managing Project in IT AnalysisBusiness essay sample: Australia has shown a shift in the centre of gravity of collective bargaining, away from a national and industry basis towards the company level.
- Operations Strategy and Management in OrganizationsBusiness essay sample: Operations management are management processes that generate good and/or provide repair, it implements the policies and everyday jobs needed to get together an organization.
- Nortel Networks Corporation's Operational IssuesBusiness essay sample: The case study is about the Nortel Networks Corporation regarding its operational issues overseas and how the company has utilised its various marketing strategies.
- Etihad Airways and Its Business Excellence ModelBusiness essay sample: Etihad Airways is the United Arab Emirates’ national airways and it is one of the biggest airline companies around the world.
- How Should LE Enter Indian Markets?Business essay sample: Lincoln Electric would be necessary to enter into strategic alliances with strong, established and influential welding partners in order to initiate and sustain a good marketing foothold in India.
- Analysis of a New Business or Purchase of an Existing OneBusiness essay sample: Starting a business can lead to an increase in the entrepreneur's income level. The business must be within the legal structures: sole proprietorship, partnership, or company.
- International Business MachinesBusiness essay sample: International Business Machines is a multinational public limited company which deals with technology within the diversified computer system industry.
- Zara Operations Management & Strategy Case StudyBusiness essay sample: What is Zara operations management style? 👚 Zara business model has proved to be successful due to their objectivity to outsourcing, which serves as a cost reduction strategy. 💸
- IBM: Creating Competitive AdvantageBusiness essay sample: By managing its supply chain efficiently, IBM may create a competitive advantage of its products in terms of quality and delivery efficiency.
- IKEA’s Path of InternationalizationBusiness essay sample: The current report focuses on exploring IKEA's approach toward internationalization and international expansion as a component of its strategy.
- “How Do Companies Lose Orders?”: View by Szász and DemeterBusiness essay sample: The purpose of the paper is to identify the advantages and disadvantages the article by Szász and Demeter and to determine the main arguments about competition in business.
- Nike: Strategic Operations ManagementBusiness essay sample: Through well-organised planning and control of business operations, Nike achieves ease of monitoring demand through the supply chain, thereby enhancing efficacy in marketing.
- H&M Achieving Business ExcellenceBusiness essay sample: H&M has used its CSR to improve on the racial and ethnic inclusivity in the company, but the resultant repercussions of this implementation are unclear.
- Time-Based Competition in the Grocery Retail IndustryBusiness essay sample: Grocery retail companies should focus on logistics and supply chain management as well as the implementation of business to enjoy advantages associated with time-based competitiveness.
- How and Why the Express Mail Industry Has EvolvedBusiness essay sample: The general customer service environment improved tremendously as competitive and effective cargo handling services were embraced in the industry.
- The General Trends for Cellular TelephonesBusiness essay sample: The purpose of this paper is to discuss a description of the general trends for cellular telephones in Europe in 1995.
- Improving Operations of FamilyEnergyBusiness essay sample: By burning biomass, FamilyEnergy will be able to produce electricity, thus diversifying its income. Accomplishing it requires the installation of facilities where bioenergy can be generated
- Operations Management in Gruppo Guido CompanyBusiness essay sample: Gruppo Guido is a construction firm based in Italy that specializes not only in actual construction but also in project management.
- Costco Wholesale Corporation's Operations Management EvaluationBusiness essay sample: Evaluation of the operations management of Costco Wholesale Corporation demonstrated the adequacy of currently applied solutions to the identified challenges by the company.
- Rio Tinto and BHP Billiton Firms' Financial AnalysisBusiness essay sample: The paper includes financial report analysis and business decision-making. There are two companies, which are analyzed: Rio Tinto Limited and BHP Billiton.
- Yorktown System Group's Structure and CustomersBusiness essay sample: The evaluation of Yorktown Systems Group permits defining vital features of the company, its corporate structure, and aspects of consumer satisfaction.
- Apple vs. HP: Comparative Financial AnalysisBusiness essay sample: This comparative financial analysis report focuses on Apple Inc. and HP Inc. to determine the best investment opportunity for a boutique investment firm.
- Role of Operations ManagerBusiness essay sample: Employees communicate and network with one another and external stakeholders, such as customers, suppliers, competitors, and governmental agencies.
- Applying Military Leadership Skills to the Business EnvironmentBusiness essay sample: As the objective of this study, the issue of applying military leadership skills to the business environment is considered.
- John Deere Reman Company Remanufacturing IssuesBusiness essay sample: Despite the benefits of remanufacturing, John Deere Reman faces various operational challenges that need to be taken into account to remain in business.
💡 Essay Ideas on Operation Strategy
- Goodyear Tire and Rubber Company's Operations ManagementBusiness essay sample: Goodyear Tire and Rubber Company is an American international tire manufacturing organization that was initiated around 1900.
- Operations Management in StarbucksBusiness essay sample: This research aims to examine the success of Starbucks as a company through exploration of its main operations management tactics and identify the guidelines.
- Case Study on Google StrategyBusiness essay sample: The paper describes key aspects of the Google company that make it successful: its customer-oriented approach and brand marketing.
- Boise Ltd's Case Study: The Lost OrderBusiness essay sample: The case study provides an account of Boise Automation Canada Ltd.’s account manager’s sales process and the purchase process that resulted into the loss of a $1.2 million.
- Chevron Corporation's Operations Management AnalysisBusiness essay sample: This review explores how Chevron can leverage OEMS and advanced technology to resolve environmental problems, ensure workers' safety and reduce costs.
- Personal Action Plan to Deliver Sustainable Development Goals in the Aviation SectorBusiness essay sample: The action plan suggests possible strategies that airlines could implement to promote the realization of Sustainable Development Goals (SDGs), based on personal experiences.
- Marriott International Inc. Applying Baldridge Excellence PerformanceBusiness essay sample: Marriott International Inc. is one of the largest businesses in America and focuses on its operations, managers, and supervisors as the motivators of the outcomes needed.
- Marketing Essentials: Definition of MarketingBusiness essay sample: Marketing is one of the functions that is why it is significant for firms to pay much attention to their relationships with the environment.
- MANUP Operation Department and Organizational Development InterventionBusiness essay sample: The MANUP Operations Department's situations are conflicts between leaders and employees, increased competition in the mentorship industry, and technological needs.
- Walmart Leadership: Demographic and Economic DataBusiness essay sample: From an economic point of view, the Czech Republic is one of the most successful members of the European Union, owing to its continued prosperity and stable decision-making.
- Boeing Company and Its Purchase PowerBusiness essay sample: As the dollar weakens between their manufacturing and purchasing in Canada and China, Boeing is likely to notice very gradual increases in value.
- Internode: Implementing Six SigmaBusiness essay sample: The expected benefits of implementing Six Sigma in Internode’s operations include consistent improvement in customer service, customer satisfaction and sustainability.
- Michelin Firm's Adoption of Digital Service PlatformBusiness essay sample: The purpose of this paper is to develop appraise, evaluate, and analyze the situation at Michelin regarding its adoption of the Digital Service Platform.
- Afterpay Company: Financial ReportBusiness essay sample: This paper provides the background of the company Afterpay, share price statistics, current and recent development, and gives investment recommendations.
- Organizational and Personal Profiles (Momentum Support)Business essay sample: This paper provides an organizational profile for a company Momentum Support and a personal profile of an employee within the organization.
- Contextual Application of IT in Walmart Business OperationsBusiness essay sample: This project aims to examine the contextual application of IT within Walmart's business operations, provide a comparison with some of the firm's competitors and discuss efficiency.
- Lebanese Flower Restaurant: Case StudyBusiness essay sample: Lebanese Flower Restaurant has started operations in a very competitive hospitality industry at Dorchester Street, Sydney, Nova Scotia, in Canada.
- Southwest Airlines' Strategic (SWOT) AnalysisBusiness essay sample: This essay will conduct the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis of Southwest Airlines' low-cost carriers and discuss company value.
- Operations Management: Chartreuse Apple Pie Case StudyBusiness essay sample: The top most level shows the end product and in our case this is Chartreuse Apple Pie referred to as the single level.
- Boeing Company's Strategy RedevelopmentBusiness essay sample: The paper will include an overview of the strategic problem that results in the considerable redevelopment of the Boeing company's strategy in terms of anti-crisis management.
- Facebook’s Business Operation and Lock-In StrategyBusiness essay sample: Dominant e-businesses such as Facebook employ lock-in strategies to achieve a sustainable competitive advantage over their competitors.
- Financial Analysis of Decision Concerning PartyBusiness essay sample: This paper provides a financial analysis of the decision concerning the party considering ticket sales price, estimation of major expenses, and potential revenue for the party.
- Marks & Spencer: Sustainability Development StrategiesBusiness essay sample: This paper examines the current Marks & Spencer’s strategies directed towards sustainability and where they stand within theoretical concepts.
- Emirates Airlines: Strategy Formulation, Execution, and GovernanceBusiness essay sample: This paper discusses how Emirates formulated its corporate strategy and how often they re-evaluate, Emirates’ mission, vision, and core values.
- IKEA Firm's Operations and Supply Chain ManagementBusiness essay sample: Throughout the decades, IKEA has been operating under the idea of providing a selection of products for home furnishing that are affordable and accessible.
- New Car Dealership: Developing a Business PlanBusiness essay sample: The business plan is focused on a new car dealership with a service department. The industry is highly lucrative and can become more profitable due to the expected economic growth.
- The John Deere Firm's Strategic AnalysisBusiness essay sample: The report provides the reader with valuable and relevant information to consider John Deere from a strategic positioning perspective.