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KSOU
MBA III-SEMESTER SEMINAR TOPICS JULY AND JANUARY
COMMON SUBJECTS SEMINAR
C – 19: QUALITY AND OPERATIONS MANAGEMENT
1. Operation Excellence- Challenges.
OR
2. Energy Management- Issues and
Challenges.
Question1: Operation Excellence- Challenges.
Answer: Introduction
Every
business has to face numerous and different challenges, both external and
internal ones. For instance, speed and the ability to adapt to changing market conditions are a
significant challenge for businesses. New technologies and
innovation acceleration are disrupting all traditional industries and markets.
The
threat of new competition (the #1 driver), rising customer expectations,
expanding markets, and digitalization are the key drivers
of change, and the driving force behind the ever increasing need for
Operational Excellence, especially for end-to-end Business Transformation, and
rapid and flexible solution offerings and execution. The rapid appearance of
new business models adds fuel to increased customer expectations and
requirements.
Every
change in the market affects how a company operates and performs, often
dramatically. And these days, it is difficult to
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