Operations Management
Significant Forces that Have Shaped Operations Management in Recent History
Operations management is a central area of the management process that has experienced significant changes in recent history. Operations management involves designing and controlling production processes and redesigning the business operations to turn inputs into outputs efficiently (Reid & Sanders, 2017). In recent years, operational management has been a significant force in streamlining the effectiveness of business operations. All organizations in recent history had leaders, and employees primarily relied on them to know what they should do. These leaders, among other managerial teams, used the available organizational resources, including labor and materials, to create quality products to increase the company's profitability. Little research was known, and there was also limited information about technological advancement at the beginning of civilization that would help leaders know that creating an efficient workforce in their organizations would result in good outcomes and satisfactory results. Fundamental forces that have impacted and changed operations management in recent history include technology and regulatory oversight.
Huge technological advancements have taken place in the recent past and have significantly shaped the usual performance and processes in operations management. These technological advancements have shaped the performance and operations of industries in various ways. According to Juneja (2020), the scope of technology and operations management has undergone a series of evolutions over time, moving from product development to designing, managing, and improving operating systems and processes. The use of technology in operations management has helped to ensure that operating costs are reduced and that the delivery process in organizations is improved. Technological advancement has also standardized and improved the quality and focus on customizing products and services, creating customer value.
Government regulations are also significant forces that continue to impact operations management substantially. Throughout history, there have been different government regulations and policies that affect how organizations manage their operations. In the U.S., regulations have changed from time to time, with the current policies requiring firms and businesses to abide by local and state government regulations. Government regulations have recently shaped operations management by positively and negatively impacting business opportunities. Such regulations include occupational health and safety measures that require employers to ensure the safety of employees by providing them with safety training. While workplace safety was initially not addressed with a lot of seriousness and concern, regulations have changed with time, requiring the enforcement of measures that promote employee safety. Fair work and anti-discriminatory laws have also shaped operations management by requiring managers to treat employees equally.
The company, in this case, high school institutions, is non-existent. The technological force will impact high schools in various ways, such as increasing student motivation and enhancing their collaboration and engagement in the learning process. The development and implementation of a financial literacy program in high schools will be heavily impacted by technology. Technology has made almost everything easy, and so will it in high school institutions. One of the most recognizable benefits of technology in student learning is that it has made it easy for students to access adequate and reliable information for use in the learning process (Ghavifekr & Rosdy, 2015). Developing and implementing a financial literacy program in high schools will be a great way to provide students with the relevant information about the necessary tools and resources required to build a financially fit future. This program will equip students with reliable information to help them have a voice in money matters. Through technology, the process of gathering financial data will be widely available. Generally, technology will play a significant role in increasing the availability of financial data. Through technology, the teaching and student learning process will also improve as new learning methods, such as the integration of visuals, will enhance student understanding.
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