Operational Management Approaches and Models

The operational risk management training course course briefly describes ten management theories which underpin successful operational management and then reviews each one in more detail. These include: The Principles of Lean, Six Sigma, Systems theory and many more. The responsibilities and key functions of operational management are discussed as a multi-disciplinary function covering HR, assets and costs. We review the skills of an operational manager, focusing on the six most important ones and the important role of decision making. A framework for operational management is suggested for consideration and three different types of planning are described. Finally, we review evaluating business performance and the role of policies, procedures and processes. Learning Objectives On completion of this course, learners will: Understand operational management approaches and models Be able to analyse the key components of operational management models including: Inputs Transformation processes Outputs Accreditation The content of this course has been independently certified as conforming to universally accepted Continuous Professional Development (CPD) guidelines. Certification On successful completion of this course, you will be awarded a Virtual College certificate which you will be able to download and print immediately on completion. Duration This course will take approximately 30-45 minutes to complete, depending on learning speed. Target Audience This module is aimed at business leaders and professionals. Entry Requirements There are no specific entry requirements for this course.