Page 334 - Operations Strategy
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ChapTer
                     9         The process of operations strategy –

                                 formulation and implementation







                             Introduction
                             The process of operations strategy formulation is concerned with ‘how’ to reconcile
                             market requirements with operations resources over the long term. The reason for
                             these final two chapters is simple: in practice, achieving this alignment is much more
                             difficult than it sounds, and although any simple step-by-step model of how to ‘do’
                             operations strategy will inevitably be a simplification of a messy reality, we shall use
                             a four-stage model to illustrate some of the elements of ‘process’. This stage model is
                             shown in Figure 9.1. It divides the process of operations strategy into: formulation,
                             implementation, monitoring and control. In this chapter we examine the first two of
                             these stages: formulation and implementation. The following chapter looks at the final
                             two stages: monitoring and control.




                              Key quesTIons

                               ●	 What is the ‘formulation’ of operations strategy?
                               ●	 What analysis is needed for formulation?
                               ●	 What is operations strategy implementation?





                           Figure 9.1  This chapter concerns the formulation and implementation stages of the
                           process of operations strategy

                                                                     This chapter





                                             Operations strategy     Operations strategy
                                                formulation            implementation




                                             Operations strategy     Operations strategy
                                                 control                 monitoring











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